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FORFEITURE OF RETIREMENT BENEFITS
Accused of bogus caste certificate, retiree gets pension back as Rajasthan HC flags flawed probeA retired employee has regained his full pension after the Rajasthan High Court intervened. The court found the inquiry into a fake caste c...- 20 years of govt job doesn't guarantee pension: Legal heirs get gratuity but no family pension after a legal fight in SC due to this reasonThe Supreme Court has made a pivotal judgment regarding employee entitlements that has caught public attention. An employee of the governme...
- Latest gratuity rules for NPS subscribers: Central govt describes eligibility criteria for employee resigning from their jobCentral government employees under the National Pension System (NPS) now have clarified eligibility for gratuity and death gratuity. Gratui...
- Viral claim says central govt pensioners won’t get DA and Pay Commission benefits — is it true?A WhatsApp message falsely claims the central government has scrapped post-retirement benefits like DA hikes and Pay Commission revisions f...
- UPS resignation rules: United Pension Scheme subscribers need to forfeit this amount if they resign from their postCentral government employees under the Unified Pension Scheme face forfeiture of assured payouts if they resign. However, their accumulated...
- Buyer of auctioned property to get Rs 2 crore refund as bank failed to disclose the pending legal dispute; Telangana High Court orderA property buyer has won a case in the Telangana High Court and will receive a full refund of Rs 2 crore. The bank failed to fully disclose...
- Are you making this 401(k) blunder? It could slash your nest egg by more than $60,000401(k) retirement savings: Many 401(k) participants risk losing thousands in retirement savings due to a lack of understanding about vestin...
- Bank employee was dismissed and denied pension as he assaulted colleague in 1998, he filed a case; wins in Supreme CourtA bank employee dismissed in 1998 for assaulting a colleague has won his pension case in the Supreme Court. After a 27-year legal fight, th...
- Government deducted gratuity and pension of a retired engineer for not vacating govt residence on time, he fights back and wins case in Supreme CourtSupreme Court said: "Pension and other retiral dues are benefits that have been earned by an employee due to the service rendered to the in...
- Mother continued PPF deposits after children turned 18; Kerala High Court orders her to pay back extra interestThe Kerala High Court ruled that a mother's PPF deposits for herself and her minor children must be clubbed, upholding the forfeiture of Rs...
- Centre amends key pension rules; PSU employees to lose retirement benefits on dismissalThe Centre has announced that the dismissal or removal of a PSU employee will result in the loss of retirement benefits, even for service r...
- Invest up to Rs 30 lakh in Senior Citizen Savings Scheme from Apr 1, 2023: What is SCSS, tax benefits, withdrawals, interest rateSeniors can invest up to Rs 30 lakh in the post office's Senior Citizen Savings Scheme (SCSS) beginning April 1, 2023, as proposed by Finan...
- What are the gratuity payment rules?There are certain rules that make an employee eligible to receive gratuity before the age of retirement/superannuation or resignation of an...
- Home ministry recommends disciplinary action against former CBI director Alok VermaDuring his stint in the CBI, Verma, a 1979-batch (retired) Indian Police Service (IPS) officer, was engaged in a bitter fight with Gujarat-...
- Relaxation in selection criteria for LIC’s new chairman possibleAccording to the LIC (Employees) Pension Rules, 1995, forfeiture of service, including resignation, dismissal, removal, termination and com...
- Budget 2016: Full text of Finance Minister Arun Jaitley's speechJaitley presented his third budget which took on the fiscal and physical health of the nation by setting the fiscal deficit target at 3.5% ...
- Pakistan army punishes two former generals for corruptionIn a rare move, an army court in Pakistan today punished two former generals for illegally investing Rs 4.3 billion in the stock market.
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