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  Good news for EPS pensioners: Nationwide pension access from any bank, any branch starting January 1

  September 04, 2024 16:23 IST

  In its next phase, the CPPS will transition to an Aadhaar-based payment system (ABPS), further streamlining the process. This new centralised system replaces the existing decentralised model, reducing costs and removing the need for pensioners to visit banks for verification.

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  8th Pay Commission: Check expected salary, pension revisions, implementation date, and key details

  Budget | September 03, 2024 12:23 IST

  The 8th Pay Commission is a proposed initiative aimed at revising the salaries, allowances, and pension benefits for employees of the central government. However, the commission has not yet been officially established for it.

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  New simplified pension application form launched for central govt employees

  India | August 30, 2024 16:28 IST

  Union Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh launched this new form and its integration with Bhavishya/e-HRMS on August 30.

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  Good news for retiring employees: Modi govt to launch simplified pension application form today

  India | August 30, 2024 6:10 IST

  Union Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh is slated to launch this new form and its integration with Bhavishya/e-HRMS on August 30.

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  EPFO wage ceiling revision likely soon: Finance Ministry receives proposal from Labour Ministry

  Business | August 27, 2024 18:20 IST

  Reports suggest that the Union Finance Ministry is likely to make a decision on the proposal it received from the Labour Ministry, which recommended raising the wage ceiling to Rs 21,000 from the current Rs 15,000.

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  Unified Pension Scheme ensures dignity, financial security for government employees: PM Modi

  India | August 24, 2024 23:23 IST

  Unified Pension Scheme: Assured Minimum Pension will be Rs 10,000 per month on superannuation after a minimum of 10 years of service.

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  'Unified Pension Scheme' approved by Centre | Here are key features of UPS

  Business | August 25, 2024 15:29 IST

  Unified Pension Scheme: The Assured Family Pension would be calculated at the rate of 60 per cent of pension of the employee immediately before her or his demise.

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  Haryana: CM Saini announces hike in pension of freedom fighters, their dependents

  India | June 25, 2024 23:17 IST

  Chief Minister Nayab Singh Saini's announcements came months ahead of the Assembly elections in the state. The new pension rates will come into effect from July 1.

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  How can senior citizens lodge complaints regarding pension-related issues? All you need to know

  Business | March 04, 2024 14:12 IST

  Union Finance Ministry set up a committee under Finance Secretary TV Somanathan to review the pension system for government employees.

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  Karnataka government announces to implement Old Pension Scheme, 13,000 employees to get benefited

  Karnataka | January 25, 2024 9:06 IST

  Under the old pension scheme, a government employee is entitled to a monthly pension after retirement. The monthly pension is typically half of the last drawn salary of the person.

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  Budget 2024: Government may announce steps to promote, make NPS more attractive

  Business | January 23, 2024 16:19 IST

  There is a disparity in employers' contributions to building the corpus for employees currently, with contributions up to 10 per cent of basic salary and dearness allowances being exempt from tax for NPS contributions.

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  Jharkhand government reduces qualifying age for old-age pension from 60 to 50 years

  India | December 29, 2023 18:31 IST

  Jharkhand Chief Minister Hemant Soren also stated that his government would reserve 75 per cent of the jobs for locals in companies that set up offices in the state.

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  Watch | 92-year-old woman attends primary school in UP's Bulandshahr

  Uttar Pradesh | September 28, 2023 3:10 IST

  A 92-year-old woman in Uttar Pradesh's Bulandshahr attended a primary school along with other students. Salima Khan who attended the school said that she likes to study and can now count notes.

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  Hike in gratuity limit, term insurance cover: Centre approves measures for LIC agents, employees

  Business | September 18, 2023 15:44 IST

  Over 13 lakh LIC agents and more than 1 lakh regular employees will benefit from these welfare measures, said the Ministry of Finance.

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  EPFO added 17.89 lakh net members in June this year in 11-month high, says govt data

  Business | August 22, 2023 12:37 IST

  This is the highest number of net additions in the last 11 months. The data also shows that the EPFO's monthly average wage grew by 10.47% in June 2023 to Rs. 21,237.

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  Haryana CM announces monthly pension of Rs 2,750 for unmarried people | Details

  India | July 07, 2023 7:02 IST

  The pension will be provided under the Parivar Pehchan Patra (PPP) scheme which identifies close to 65,000 unmarried men and women in the age group of 45-60 years age group hailing from Below Poverty Line (BPL).

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  EPFO deadline to apply for higher pension extended to July 11

  Business | June 26, 2023 23:04 IST

  The body in charge of the provident fund had previously extended the deadline twice, first from March 3 to May 3 and then to June 26. The deadline was extended to give pensioners more time to solve any issues they might have.

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  Congress will compel Centre to implement Old Pension Scheme in entire country: Ashok Gehlot

  India | May 28, 2023 21:13 IST

  Rajasthan Chief Minister Ashok Gehlot has said that his party will compel the Centre to implement the Old Pension Scheme (OPS) in the country.

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  Pension Taxation: Everything you need to know for ITR filing

  Business | April 11, 2023 12:25 IST

  Under the previous taxation system, senior citizens who earn up to Rs. 3 lakh per year are exempted to pay income tax. However, the new regime stipulates that senior citizens will only be exempt from income tax if their annual income is less than Rs. 2.5 lakh.

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  Finance Ministry sets up committee to review pension system for govt employees

  India | April 07, 2023 0:03 IST

  The Ministry of Finance on Thursday set up a committee to review the pension system for the government employees.