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SANCTION AND PAYMENT OF PENSION
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...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
Employee cleared of bribery charges but still denied back wages; HC ruling explainedA Mumbai employee acquitted of bribery charges was denied full back wages for his suspension period. The Bombay High Court ruled that acqui...
Widow received DA on both regular and family pension but still challenged it in court; HC explains why claim failedA Chennai woman's claim for Dearness Allowance on her regular pension was dismissed by the Madras High Court. She believed she wasn't recei...
Few days left to submit life certificate: What happens if pension life certificate not submitted by Nov-end?Life Certificate: Pensioners aged 80 and above can submit their life certificate starting October 1 and other pensioners from November 1, 2...
Life certificate 2024: How to submit Jeevan Pramaan Patra and what is the last date to submit annual life certificate for pensioners in 2024?Life certificate 2024: The Digital Life Certificate scheme for pensioners, referred to as Jeevan Pramaan, has been introduced by the Govern...
New simplified pension application form launched for central govt employeesUnion minister Jitendra Singh has launched a new simplified pension application form for retiring central government employees, merging nin...
Jeevan Pramaan: What happens if life certificate is not submitted in November?All central government and state pensioners must submit an annual Life Certificate to approved pension disbursing agencies, such as the ban...
Can a pensioner convert their existing savings account into a pension account?When an employee retires for any state or central government organization, they will receive benefit amounts and a monthly pension in the a...
Jeevan pramaan: How pensioner can submit annual life certificate using doorstep bankingJeevan Pramaan is a biometrically enabled Aadhaar-based Digital Life Certificate for retirees. The Jeevan Pramaan, or DLC, for each pension...
Kotak Mahindra Bank gets approval to disburse pensionsThe Kotak Mahindra Bank has been approved to act as a pension payment authorised bank. As a result, retired people can now register pension...
Ensure family pension begins within 1 month of receiving claim: Centre to all departmentsThe Department of Pensions and Pensioners' Welfare has also come out with detailed notes -- one for employees under Old Pension Scheme and ...
RBI withdraws 3 circulars on excess pension recovery after discovering anomalies"It has been brought to the notice of RBI that the recovery of excess/wrong pension payments from the pensioners are being made in a manner...
Govt: Go online, cut delays in pension casesA large proportion of retiring employees do not get their retirement benefits and pension payment order (PPO) in time.
Mandatorily process all pension cases online: Govt to departmentsThe Ministry of Personnel, Public Grievances and Pensions has issued instructions to secretaries of all central government departments aski...
Online system to check delay in pension soon: GovtWith this step, the pension release will be expedited and it will also help in quick resolution of pending issues, the Minister of State fo...
Government to scrap digital life certificates for pensionersJeevan Pramaan is an optional system for the pensioners. About 9.27 lakh pensioners have already registered for it, according to an officia...
Old, disabled retirees should get pension at doorstep: GovernmentThe Pension and Pensioner's Welfare department has taken a number of steps like review of forms and simplification of procedures.
Employees to get pension payment order on retirement day: GovernmentThe Department of Pension and Pensioner's Welfare is working with the vision of ensuring the life of dignity for pensioners.
Government simplifies pension sanction and payment processThe Department of Pension and Pensioners' Welfare proposes to dispense with the requirement of a number of nomination forms for various ben...