Fee for NPS Advisors A Retirement Adviser can charge three types of fee from the subscribers to whom he/she has given retirement advice in accordance with the Pension Fund Regulatory and Development Authority (Retirement Adviser) Regulations, 2016, as per details given below; i. A Retirement Adviser is entitled to charge On Boarding fees for facilitating […]
Archives for November 2016
Implementation of Seventh Central Pay Commission’s recommendations especially from the Armed Forces and Nurses
Implementation of Seventh Central Pay Commission’s recommendations especially from the Armed Forces and Nurses Representations have been received from various quarters some of which pertain to Armed Forces and Nurses. While approving the recommendations of the 7th Central Pay Commission on pay, pension and other related issues, the Government has set up various Committees to […]
Reservation in Jobs for Families of Martyred Soldiers
Reservation in Jobs for Families of Martyred Soldiers 14.5% vacancies in Group ‘C’ posts and 24.5% vacancies in Group ‘D’ posts are reserved for ex-servicemen (including 4.5% for disabled ex-servicemen and dependents of those killed in action) in Central Public Sector Undertakings and in Public Sector Banks. 5% of vacancies falling under direct recruitment quota […]
Ex-Servicemen Contributory Health Scheme
Ex-Servicemen Contributory Health Scheme The aim and objective of the scheme is to provide quality healthcare to the Ex-Servicemen (ESM) pensioner and their dependents. Ex-Servicemen Contributory Health Scheme (ECHS) has fulfilled its mandate aims and objectives. ECHS was launched on 1st April 2003. Its growth has been phenomenal. It had a beneficiary base of only […]
Modernisation of Defence Forces
Modernisation of Defence Forces Modernisation of the Armed Forces is a continuous process and is undertaken based on threat perception, operational challenges and technological changes required to keep the Armed Forces in a state of readiness to comprehensively meet various security challenges. During 2015-16, 61 Contracts have been signed for capital procurement of defence equipment […]