Commutation of pension refers to a lump sum amount of payment availed by an employee at the time of retirement in lieu of a ...

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

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 ...

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

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 ...

Read: Value of public service pension fund crosses Sh142bn The PSSF paid out its first ever benefits to members during the ...

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 ...

The new legacy pension regulations are a “game changer” but there are still some elements SMSF trustees need to be aware of, ...

Govt is considering a five-year cut in the age of superannuation, but experts believe the move won’t have long-term benefits.