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7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and moreThe Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fun...- Lost job for misconduct? PSU bank employees may still be eligible for pension; check Bipartite Settlement and eligibility rulesPublic sector bank employees dismissed for misconduct can still receive their pension. This is due to Bipartite Settlement rules that allow...
- After 43 years, family wins back pay and post-death benefits for employee fired for yelling at company doctorAfter a 43-year legal battle, the family of an employee fired for yelling at a company doctor has won back pay and post-death benefits. The...
- Think your NPS saving is enough for retirement? Watch out for this common mistake that could derail your financial plansMany investors overlook their National Pension System, assuming retirement plans are on track. However, a 'set and forget' approach can lea...
- Terminated employee’s reinstatement order challenged by employer; Delhi HC says employer not liable to pay disputed salary beyond retirement age of employeeDelhi High Court has ruled employers need not pay Section 17B salary after an employee retires. This interim judgement clarifies that statu...
- How to calculate lump sum under Unified Pension Scheme: Check formula, other details hereThe Unified Pension Scheme (UPS) for central government employees, commencing from April 1, 2025, ensures assured pensions, family pensions...
- Unified Pension Scheme notified for central govt employees: Check eligibility criteria, minimum guaranteed payout and other detailsThe Central Government has notified the Unified Pension Scheme (UPS) as an option under the National Pension System (NPS) for Central Gover...
- "This madness shines brightly": In a fiery letter, transferred engineer rails against Indian RailwaysKP Arya, a senior engineer from Chhattisgarh's Bilaspur division of South East Central Railway (SECR), was left stunned after the Railway B...
- UGC to launch fellowships, research grants for single girl child, retired faculty on Teachers' DayThe five schemes that will be launched on Monday are: Savitribai Jyotirao Phule Fellowship for Single Girl Child, Dr Radhakrishnan UGC Post...
- 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-...
- AIACE seeks govt intervention in non-payment of interest due to delayed CIL pension schemeAround 10,000 executives have superannuated from the services of Coal India Ltd (CIL) from January 1, 2007, to March 31, 2020.
- CPSEs without independent directors shouldn't get performance related pay: PanelThe committee has said that the overall profit distribution should be linked to 5 per cent of the annual profit accruing from core business...
- J&K Government accepts Chief Secretary Mohammad Iqbal Khandey's voluntary retirement requestJammu and Kashmir government today accepted the request of Chief Secretary Mohammad Iqbal Khandey for voluntary retirement from service
- Employees prefer higher take home salary over other benefits: TimesJobs SurveyAccording to the survey, 87% employees prefer a customised compensation structure, and organisations should take that into account while de...
- Companies sweeten retirement sops for Gen Y staffWhile most companies stick to the legal limits prescribed under DBP schemes, companies such as Mahindra & Mahindra and IDFC have gone beyon...
- Govt employees near retirement should not be disturbed: CATThe Tribunal passed the order on a petition filed by three administrative officers of Department of Health and Family Welfare.
- Govt employees near retirement should not be disturbed: CATThe CAT has held that govt employees on the verge of superannuation should not be disturbed merely because they have stayed for a considera...
- ONGC head seeks changes in PSU appointment rulesONGC head R S Sharma has demanded that all functional directors should be considered eligible for the Chairman's post even if they do not h...
- Hit by provisions, BoR posts Rs 102 crore loss in FY 10Troubled private-sector lender Bank of Rajasthan, which is set to be taken over by ICICI Bank posted a loss of over Rs 100-crore during FY ...
- 32% of staff benefit liabilities of top cos 'unfunded'According to advisory firm Watson Wyatt's annual study of employee benefits disclosures in India, "32 per cent of total superannuation Defi...
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