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PENSION FORMULA
Railway pensioners get DR hike: What will be monthly increase in their pension after dearness relief increases?Railway pensioners and family pensioners will receive a Dearness Relief hike. Their relief will increase from 58% to 60% of their basic pen...
Boost your Social Security fast: Little-known rules that could mean bigger checksMore than 53 million retired Americans now depend on Social Security benefits every month. Yet millions still lose retirement income becaus...
Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
8th Pay Commission Pune meeting update: Rs 65,000 as minimum pay, fitment factor of 3.8; what Maharashtra pension body demands from 8th CPC8th Pay Commission: Maharashtra Old Pension Organization representatives met with the 8th Pay Commission in Pune, advocating for a Rs 65,00...
Hike in minimum EPS pension of Rs 1,000 under consideration by EPFO: Know who will benefit and how?EPFO members' long wait for a higher minimum monthly pension under EPS-95 may soon end. The Ministry of Labour and Employment is reportedly...
Worker unions can submit eighth CPC demands till May-endEmployee unions have secured an extension until May 31, 2026, to submit their demands for the eighth pay commission. They are advocating fo...
More cash each month! Social Security Administration revamp could mean bigger checks soon – here's what retirees must knowSocial Security calculation change 2026 boosts monthly checks: More money is finally reaching retirees. The Social Security calculation cha...
Dearness Allowance (DA) hike: How much DA hike will central govt employees get and how is it calculated?
Cabinet approves DA increase, extends PMGSY-III timelineCentral government employees and pensioners will receive a 2% dearness allowance and dearness relief increase. This move aims to offset ris...
DA hike announcement: How salaries of Level 1-18 employees will rise after 2% dearness allowance hikeDA hike for central government employees: A 2% hike in DA will take it from its current rate of 58% to 60%. With this hike, dearness relief...
8th Pay Commission salary hike: Why NC-JCM wants minimum basic pay to rise from Rs 18,000 to Rs 69,0008th Pay Commission pay hike: Employee unions calculate the minimum pay for an employee based on the rates of a food basket for a month. The...
Central government workers seek wages based on five-member familiesCentral government employees are demanding a significant overhaul of their pay structure. They want the government to consider a family of ...
Tamil Nadu polls: We must chase away 'Delhi team', says UdhayanidhiTamil Nadu Deputy Chief Minister Udhayanidhi Stalin framed the upcoming Assembly elections as a battle between the "Tamil Nadu team" and th...
Gratuity may rise under New Labour Code, but your income tax bill could tooThe Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...
DA hike delay: Will central government raise dearness allowance in first week of April?Central government employees and pensioners are awaiting the January 2026 Dearness Allowance (DA) and Dearness Relief (DR) hike announcemen...
What is the formula to calculate EPS pensionThe formula to calculate pension under Employees' Pension Scheme (EPS) was tweaked by the Employees' Provident Fund Organisation (EPFO) in ...
Higher EPS pension: Can EPFO change the current pension formula in future?While most of the doubts regarding higher EPS pension have been addressed by the EPFO however one clarification regarding the pension compu...