Fact-Check: A viral post falsely states that the Supreme Court has issued direction to reduce the recovery period for pension ...
The Punjab and Haryana High Court ruled Punjab unfairly increased pension commutation rates during a financial crisis, ...
The Rexam Pension Plan has carried out a trivial commutation exercise, contributing towards a reduction in total membership as defined benefit schemes are trying to reduce costs. Trivial commutation ...
The National Council (Staff Side) of the Joint Consultative Machinery (JCM) — the body that speaks for lakhs of central government employees — has written a letter to Prime Minister Narendra Modi, ...
Petitioners say that on July 29, 2003, the rate of interest was enhanced from 4.75% per annum to 8% due to which the amount ...
8th Pay Commission News: The long-standing demand for the restoration of commuted pensions is again in discussion. Currently, this pension is restored after 15 years, but employee organisations want ...
Punjab and Haryana HC provided relief restricted to the petitioners, without quashing the 2003 govt circular on pension ...
The IBM Pension Trust has updated its cash commutation factors, offering transferring members across its schemes higher lump sums when exchanging part of their defined benefit entitlements. As DB ...
Lawmakers have urged Pakistan Railways to introduce a sustainable pension system as rising liabilities strain its finances ...