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  FACT CHECK: Is government planning to cut pension by 20 per cent?

  Business | April 19, 2020 15:27 IST

  Amid the nationwide lockdown due to coronavirus pandemic, several rumours regarding pension cut have created panic among pensioners. Reports claimed that the central government has cut pensions by 20% in an effort to conserve cash during the lockdown surfaced on several social media platform.

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  EPFO: Pension to be credited to 65 lakh accounts by March 30

  Business | March 26, 2020 23:19 IST

  As many as 65 lakh beneficiaries will receive pension by March 30 amid the coronavirus lockdown. The Retirement fund body EPFO directed its 135 field offices to ensure the payment of pension by the end of March.   

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  JNU pensioners to get February payment by next week

  India | March 07, 2020 11:32 IST

  The Jawaharlal Nehru University (JNU) on Saturday said the university pensioners will get the payment for February by next week, days after it said it will not be able to give the money as the University Grants Commission (UGC) has not given the funds.

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  Disabled veterans receive Rs 100 as February pension; protests erupt against IT deduction

  India | March 02, 2020 22:43 IST

  Banks have been asked by the Principal Controller of Defence Accounts (Pensions) to deduct income tax from the pensions of disabled soldiers. As per the clarification issued by the Central Board of Direct Taxes (CBDT) in June 2019, banks have cut pensions of disabled veterans for the month of February. The controversial move has sparked protest a protest amongst the affected veterans, some of whom have been credited with meager amounts as their monthly pensions. 

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  LIC Pension Plan Alert! This scheme can give you Rs 10,000 per month, but hurry up

  Business | February 20, 2020 16:47 IST

  Old age comes with a number of problems and a monetary benefit can go a long way to help us in the twilight years. With this in mind Life Insurance Corporation of India (LIC), the country's largest insurer is offering a pension scheme that will give policyholders monthly monetary benefit.

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  Govt employees ATTENTION! Modi cabinet makes BIG change in Pension Rules

  Business | February 18, 2020 20:23 IST

  7th Pay Commission latest news: Department of Pension and Pensioners’ Welfare has said that all Central Government employees whose selection for appointment was finalized before 01.01.2004 but who joined service on or after 01.01.2004, can now opt to be covered under the Central Civil Services (Pension) Rules, 1972 instead of the NPS (National Pension System).

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  Pensioners, job starters, entrepreneurs to gain more from IT rate cut

  Business | February 03, 2020 0:20 IST

  Opting for the new tax rates proposed in the budget could be beneficial for job-starters, pensioners, entrepreneurs and those taxpayers unable to claim available deductions and exemptions under the current tax structure, government sources said.

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  Manohar Khattar's govt in Haryana raises social security pensions

  India | January 03, 2020 22:49 IST

  Haryana Chief Minister Manohar Lal Khattar on Friday announced a hike of Rs 250 to Rs 2,250 in all social security and old-age pensions with effect from this month, putting an additional burden of about Rs 70 crore per month on the state exchequer. Presently, the social security pensions to 28 lakh beneficiaries cost Rs 514 crore per month to the state government.

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  Will raise old-age pensions to Rs 5,000 if elected, says Delhi Congress

  December 29, 2019 19:57 IST

  The Delhi Congress on Sunday announced that it will raise old-age and other welfare pensions to Rs 5,000 if elected in the upcoming assembly polls.  

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  Pensioners under EPS-95 demand Rs 7,500 minimum pension

  India | December 07, 2019 23:04 IST

  Pensioners under the Employees' Pension Scheme 1995 from 27 states staged a protest at the Ramlila Maidan, on Saturday, to demand Rs 7,500 per month minimum pension.

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  SC agrees to hear plea seeking pension, appointment for policemen dying on duty

  India | November 06, 2019 20:25 IST

  A bench headed by Chief Justice Ranjan Gogoi posted the matter for hearing on November 13 after advocate M L Sharma, appearing on behalf of a widow of a police officer, mentioned the matter seeking urgent listing of the case saying that not treating a policeman's death similar to that of a government servant is injustice

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  Now OCIs can also subscribe to National Pension System

  Business | October 30, 2019 15:21 IST

  Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System at par with NRIs, the government said on Wednesday.  

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  7th Pay Commission: Central Government employees must know these key facts on pension; check details

  Business | July 20, 2019 17:23 IST

  7th pay commission: Pension plays a significant and crucial role in the sustenance of a government employee after his retirement. Here are some key facts on pension to keep government employees abreast with provisions of the pension before their retirement.  

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  KCR government doubles social security pension in Telangana

  India | July 18, 2019 7:04 IST

  The meeting, which ended Wednesday night, took the decision on increasing the pension to implement the poll promise of Telangana Rashtra Samithi (TRS).

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  IL&FS case: NCLAT says pension/PF money to get priority in repayment

  Business | July 12, 2019 21:35 IST

  The funds will be on top of the priority list irrespective of which category an IL&FS group company belongs to, green, amber or red.

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  Government to give pension to families of soldiers who get re-employed

  India | July 05, 2019 10:52 IST

  The government has been receiving grievances from various quarters for grant of dual family pension including special or liberalised family pension for armed forces personnel on the lines of government servants.  

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  Congress opposes diability pension tax on armed forces

  Politics | June 26, 2019 23:29 IST

  The Congress on Wednesday criticized imposition of tax on disability pension of armed forces personnel, and called the ruling BJP a habitual offender in insulting the forces by "back door" cuts in spending.

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  'Disability pension taxable if personnel retired under normal circumstances'

  India | June 26, 2019 9:05 IST

  The pension will be non-taxable only to those personnel who have retired due to any kind of disability, defence sources added.

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  Govt considering hike in pension age limit under Atal Pension Yojana

  Business | June 25, 2019 21:05 IST

  The Pension Fund Regulatory and Development Authority (PFRDA) has submitted a proposal to increase the limit of pension and age which the government is looking into.  

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  Here's what farmers have to do to get benefit under Pradhan Mantri Kisan Pension Yojana

  India | June 14, 2019 8:00 IST

  The Pradhan Mantri Kisan Pension Yojana aims to cover around five crore beneficiaries in the first three years. It will be a voluntary and contributory pension scheme with entry age of 18 to 40 years. The beneficiary can opt to become member of the scheme by subscribing to a pension fund.