Tag Archives: PENSION

PF and Pension payments to EPF members on date of retirement Itself

By | November 3, 2016

Employee s Provident Fund Organisation Web Circulation No. CSD-l/CPGRAMS/Pragat/E-Samlksha/2016/1289 Dated: 01.11.2016 All Addl C.P.F.Cs (Zones ) All R.P.F.CS (In Charge) of Regional offices All R.P.F.CS (In Charge) of Sub-Regional Offices SUB: PAYMENT OF PF AND PENSION ON THE DATE OF RETIREMENT TO EPF AND EPS MEMBERS· PRAGATI REVIEW MEETING HELD ON 26.10.2016   -reg Sir/Madam, In… Read More »

New Pension Scheme and Post-Retirement Medical Schemes for Employees of Food Corporation of India

By | August 11, 2016

Cabinet approves introduction of Pension and Post-Retirement Medical Schemes as part of superannuation benefits for Employees of Food Corporation of India The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of Pension and Post-Retirement Medical Schemes as part of superannuation benefits for Employees of Food Corporation of… Read More »

Payment of Pension to Government Pensioners ; FAQ

By | July 10, 2016

Scheme for Payment of Pension to Government Pensioners by Authorised Banks Updated as on June 01, 2015 The Reserve Bank of India (the Reserve Bank) oversees disbursement of pension by its agency banks in respect of all Central Government Departments and some State Governments. In the process, it receives queries/complaints from pensioners in regard to… Read More »

Revision of pension of BSNL Pensioners approved by govt

By | July 5, 2016

Cabinet approves Revision of pension of BSNL Pensioners Removing Anomalies The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the revision of pension of BSNL pensioners and family pensioners, who retired prior to 10.06.2013 by allowing the benefit of merger of 50% DA/DR with Basic Pay/ Pension, effectively amounting to 78.2%… Read More »

Pension Payment after Death of member , Rule Changed

By | May 24, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 19th May, 2016 G.S.R. 533(E).—In exercise of the powers conferred by section 6A read with sub-section (1) of Section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby… Read More »

Minimum Pension under Employees’ Pension Scheme (EPS)

By | May 4, 2016

Minimum Pension The Government has notified a minimum pension of Rs. 1000/- per month to the pensioners under Employees’ Pension Scheme (EPS), 1995 vide Notification No. G.S.R. 593 (E), dated 19th August, 2014 effective from 01.09.2014 for the year 2014-15 which is continued beyond March, 2015 without any break. However, no proposal is under consideration… Read More »

Member can defer the age of drawing pension after 58 years

By | May 3, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 25th April, 2016 G.S.R. 440(E).—In exercise of powers conferred by section 6A read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes… Read More »

PENSION Questions and Answers

By | August 12, 2015

SCHEME FOR PAYMENTS OF PENSION TO GOVERNMENT PENSIONERS BY AUTHORISED BANKS (UPDATED AS ON 28-2-2013) Reserve Bank of India (the Bank) overseas disbursement of pension by its agency banks in respect of all Central Government Departments and some State Governments. In the process, it receives queries/ complaints from pensioners in regard to fixation, calculation and… Read More »