Imphal, May 05 2010: With tension running high following the rigid stand adopted by the NSCN (IM) as well as the State Government over the proposed visit of Th Muivah to his birth place at Somdal, Chief Minister O Ibobi is scheduled to leave for New Delhi tomorrow to discuss the issue with the Prime […]
PENSION
NPS gets a chunk of SBI staff’s pension corpus
MUMBAI: The Central government-sponsored New Pension Scheme (NPS) is set to receive a major boost with the State Bank of India, moving a significant part of its employees’ pension corpus to the scheme. The NPS will also get significant contributions in coming months by way of employer and employee contribution towards the pension of public […]
PFRDA may raise allocations for fund managers
The Pension Fund Regulatory Development Authority (PFRDA) is likely to allocate Rs 4,100 crore in 2010-11 among the three pension managers, State Bank of India, UTI Mutual Fund and LIC Mutual Fund. Last year, the regulator had allocated Rs 3,700 crore. The corpus would mainly be the contribution of central and state government employees. At […]
Government Mulls Enhancement of Pension Under EPS, 1995
The Central Government has constituted an Expert Committee to review the Employees’ Pension Scheme, 1995, whose report is to be submitted to the Government. This information was given by the Minister of State for Labour and Employment, Shri Harish Rawat in the Lok Sabha today, in a written reply to a question. The Minster further […]
Amendment to Rule 64, 71, 72 & 80 of CCS (Pension) Rules, 1972 – Notification No. S.O. 829 (E)
NO.20/16/1998-P&PW (F) Government of India Ministry of Personnel, Public Grievances and Pensions Department of Pension and Pensioners’ Welfare 3rd Floor, Lok Nayak Bhavan Khan Market, New Delhi-I 10511 Dated the 19th April 2010. OFFICE MEMORANDUM Subject: Amendment to Rule 64, 71, 72 & 80 of CCS (Pension) Rules, 1972 – Issue of Notification dated 7th […]