Government pension latest update

Pension Commutation In a significant development for lakhs of retired central government employees, the upcoming 8th Central Pay Commission (CPC) is expected to consider the reduction of the pension commutation period from 15 years to 12 years. This long-standing demand is now proposed to be included in the Terms of Reference (ToR) for the 8th CPC. This potential change … [Read more...] about 8th Pay Commission May Reduce Pension Commutation Period from 15 to 12 Years – Major Relief for Central Government Pensioners