Investopedia1d
What Is a Lump-Sum Payment, and How Does It Work?
A lump-sum payment is a monetary sum paid in one single payment ... The company providing the pension will calculate the ...
The Financial Express26d
Commuted pension can be restored after 12 years instead of 15 years: Pensioners get major relief from Mumbai tribunal
These pensioners had filed an application before the Central Administrative Tribunal (CAT), Mumbai, seeking interim relief regarding the recovery of commuted pension. The applicants argued that ...
Hosted on MSN5mon
7th Pay Commission: Govt employees’ commuted pension to be restored after 12 years instead of 15 years? Here’s what new proposal reveals
7th Pay Commission News: The Centre has received a proposal on restoration of commuted portion of the pension to the pensioners after 12 years instead of the present 15 years, a demand that has ...
smsfadviser.com17h
A Christmas gift for legacy SMSF pensioners
As an early Christmas present and unexpected result for the Industry, Treasury Laws Amendment (Legacy Retirement Product ...
Recovery of commutation: Ex-forest officials move CAT
Retired forest officials in Hyderabad have approached the Central Administrative Tribunal to halt the recovery of pension ...
Punjab to re-examine 15-yr period of pension restoration after commutation
Commutation of pension refers to a lump sum amount of payment availed by an employee at the time of retirement in lieu of a ...
The Tribune15d
Ready to examine pension commutation period, Punjab tells HC
Petitions, filed by retired Punjab government employees, have sought restoration of commuted pension after a shorter period of about 12 years The Tribune, now published from Chandigarh ...