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  Pension Fund Regulatory and Development Authority (PFRDA) will conduct performance review including the returns generated by the fund managers tomorrow. “There is meeting tomorrow to review the performance of pension fund managers,” PFRDA Chairman Mr Yogesh Agarwal told PTI. Currently, 7 pension fund managers are managing assets of about Rs 9,000 crore. Of this, […]

No.18(5)/2008-D(Civ-II) Government of India Ministry of Defence New Delhi,the 10th May 2011 OFFICE MEMORANDUM Subject:  Payment of Overtime Allowance in the revised pay to the employees of Defence Industrial Establishments governed by Factories Act,1948.               Consequent upon revision of pay structure as per the VI CPC recommendations, the matter regarding payment of OTA, as per […]

But some say it’s a good decision Many city pensioners’ associations awaiting a decision on extension of retirement age of central government employees were disappointed on Monday when the Department of Personnel and Training (DoPT) decided to keep it at 60 instead of 62. A senior member from the establishment department of the DoPT told […]

Over Time Allowance-Defence Ministry may issue order very soon Sources from South Block told that the demand of paying Over time allowance as per the revised pay has been accepted by Defence (Finance) and the same has been forwarded to Finance Ministry for its approval .It is believed that Defence Ministry has got necessary approval […]