Central government employees who joined as a part of the contributory New Pension Scheme (NPS) have earned a weighted average return of 14.82 per cent during 2008-09, the first year when three fund managers managed a corpus of around Rs 2,000 crore. This has outperformed any another form of Investment like PF etc. Its a […]
Employee’s Provident Fund will be Modernized
A budgetary estimate of Rs. 96 crore has been approved by the Central Board of Trustees, Employees’ Provident Fund (CBT, EPF) for the implementation of the first phase of the ‘Modernization Project’ of the Employees’ Provident Fund Organization (EPFO) being implemented in collaboration with National Informatics Centre (NIC). The first phase of the ‘Modernization project’ […]
National Council of JCM for Central Government Employees Met Cabinet Secretary Shri K.M. Chandrasekhar on 15th May 2010
National Council of JCM for Central Government Employees Meets Government for Consensus Building With Employees: Cabinet Secretary Mr K.M. Chandrasekhar yesterday National Council(JCM), the apex body of the Joint Consultative Machinery for the Central Government Employees, met under the Chairmanship of the Cabinet Secretary Shri K.M. Chandrasekhar. Senior Leaders of the Central Government Employees’ Unions/Federations […]
Expedite pension and Arrears for Ex-servicemen: Antony to Finance Controllers
The Defence Minister Shri AK Antony has called for early disbursal of revised pension and arrears to Ex-Servicemen. Inaugurating the Controllers’ Conference of the Defence Accounts Department here today, Shri Antony asked the Defence Finance officials to expedite and further streamline the pension system for the Armed Forces personnel. “Even now, I am getting a […]
Bonus Points: Centre to dole out payouts to performing employees
Bonus Points: Centre to dole out payouts to performing employees The Indian government is finally going the corporate way. The stage has been set for introducing performance-linked payouts which may force over five million central government employees to deliver their best. What may make even corporate executives envious of the new bonanza for central government […]