A lump-sum payment is a monetary sum paid in one single payment ... The company providing the pension will calculate the ...

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 ...

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 ...

What is the difference between a commutation of sentence and a pardon? What is clemency? Here's what you need to know.

As an early Christmas present and unexpected result for the Industry, Treasury Laws Amendment (Legacy Retirement Product ...

Retired forest officials in Hyderabad have approached the Central Administrative Tribunal to halt the recovery of pension ...

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 CAT bench, however, pointed to the Supreme Court’s position on pension commutation. The bench pointed out that the 15-year recovery period is based on rules upheld by the Supreme Court under ...