The Madras High Court has granted an interim stay of a clause in the ninth bipartite settlement for bank employees of April this year requiring contributory provident fund optees to become pension optees upon contributing 2.8 times of the revised pay payable for November 2007 onwards to the Pension Fund. Justice K Venkataraman passed the […]
PENSION
Implementation of Government’s decision on the recommendations of the Sixth Central Pay Commission – Revision of pension of pre-2006 pensioners/family pensioners etc
No.38/37/08-P&PW(A) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Pension & Pensioners’ Welfare Lok Nayak Bhawan, New Delhi-110003 Dated the 25 June, 2010. OFFICE MEMORANDUM Sub: Implementation of Government’s decision on the recommendations of the Sixth Central Pay Commission – Revision of pension of pre-2006 pensioners/family pensioners etc The undersigned is […]
Inclusion of names of the widowed or divorced or unmarried daughter/ parents/ dependent disabled siblings (i.e. brothers and sisters/) in the PPO – Procedure for – Regarding.
No. 1/6/08-P&PW (E) Ministry of Personnel, P.G. & Pensions Department of Pension & Pensioner’s Welfare Lok Nayak Bhawan Khan Market, New Delhi-110003 Dated: 22nd June, 2010 OFFICE MEMORANDUM Subject: Inclusion of names of the widowed or divorced or unmarried daughter/ parents/ dependent disabled siblings (i.e. brothers and sisters/) in the PPO – Procedure for – […]
CENTRAL PENSIONERS AGM HELD
The Central Government Pensioners Association held its Annual General body Meeting (AGM) and election of office-bearers on June 20 at Sadvidya Educational Institution premises. Pensioners Seva Dhurina Dr. T. S. Satyanarayana Rao was unanimously elected as President of the Association for the 6th time with Ranganath as Vice- President, Shamim Ahmed as Secretary and Mohan […]
Revised DTC proposal may boost National Pension Scheme’s popularity
The revised proposal in the Direct Taxes Code (DTC) to scrap taxes on withdrawals from the New Pension Scheme (NPS) may boost its popularity, but investment advisors will wait for the final norms to consider recommending this product to clients. The main reason for this scepticism is that, going by the current proposals, the product […]