The Employees' Provident Fund Organization (EPFO) has introduced key service updates. Here are the details of each of these ...

“The concerning part of the scheme is that its generosity detaches MPs from the reality facing most pension savers – and yet they are the ones who decide the rules which govern everyone else’s ...

The National Pension System (NPS) now allows retirees to systematically withdraw 60% of their corpus while the remainder grows, benefiting from better annuity rates at later ages. Retirees can ...

Inflation indexation: Under UPS, there will also be a dearness relief in case of the above mentioned pensions. This will be calculated based on the All India Consumer Price Index for Industrial ...

A large number of higher pension aspirants of Visakhapatnam Steel ... the last minute on the ground that PF (Provident fund) Trust rules of the respective establishments do not provide for such ...

Offering public sector workers higher salaries in exchange for lower pensions would be a choice between “poverty now or in retirement”, the National Education Union has said. Multiple unions ...

Describing the Emergency period as the “darkest spot” in independent India, the chief minister said those who were jailed during that period under the MISA Act will also get a monthly pension ...

Teachers, nurses and civil servants could be offered higher pay for lower pensions. The reform from the new Labour ... and is very much in the spirit of the changes to the fiscal rules in the budget." ...

EPS new rules: Starting January 1, 2025, pensioners covered by the Employees' Pension Scheme (EPS), 1995, will have the convenience of accessing their pensions from any bank branch in India ...

The finance ministry's notifications stated that the changes in the pension rules have been made on the basis of recommendations given by a commission constituted by the government of former prime ...

From January 1, 2025, EPS pensioners can receive pensions from any bank branch nationwide under the new Centralized Pension Payment System. Listen to Story Pensioners can now collect pensions from any ...

Starting January 1, 2025, pensioners under the Employees' Pension Scheme (EPS), 1995, will experience a major shift in how they receive their monthly pension. Thanks to the introduction of the ...