CCS Rules 2021 - Payment of Gratuity under NPS MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pensioners’ Welfare) NOTIFICATION New Delhi, the 23rd September, 2021 G.S.R. 658(E). In exercise of the powers conferred by the proviso to article 309 and clause (5) of article 148 of the Constitution and after consultation with the … [Read more...] about Central Civil Services Payment of Gratuity under National Pension System Rules 2021
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NPS
Employers contribution of NPS for Central Autonomous Bodies from 10% to 14% – DoE
NPS for Central Autonomous Bodies - The employer’s contribution was enhanced to 14% of Pay & DA in respect of employees of a number of CABs F. No. 1 (3)/EV/2020Government of IndiaMinistry of FinanceDepartment of Expenditure North Block, New DelhiDated the 26th August, 2021 OFFICE MEMORANDUM Subject: Applicability of Gazette Notification No.1/3/2016-PR, dated … [Read more...] about Employers contribution of NPS for Central Autonomous Bodies from 10% to 14% – DoE
Central Government employees Leave Encashment and Gratuity for pensioners who retired between January 2020 and June 2021
Leave Encashment and Gratuity for pensioners | Calculation of Gratuity and Cash payment in lieu of Leave | Notional Percentage of DA for calculation DA will continue at 17 percent of basic pay during the time, but it has been increased to 28 percent of basic pay, which includes additional instalments due on 01.01.2020 (4 percent), 01.07.2020 (3 percent), and 01.01.2021 (4 … [Read more...] about Central Government employees Leave Encashment and Gratuity for pensioners who retired between January 2020 and June 2021
PFRDA Increase of Entry Age up to 70 Years under NPS – NPS withdrawal after 60 years
PENSION FUND REGULATORYAND DEVELOPMENT AUTHORITY B-14/A Chhatrapati Shivaji BhawanQutab Institutional Area,Katwaria Sarai, New Delhi-110016 CIRCULAR Circular no.: PFRDA/2021/36/ SUP-CRA/14 August 26, 2021 To,All Central Record Keeping Agencies (CRAs)&other NPS stakeholders for information Subject: Increase of Entry Age up to 70 Years under NPS In … [Read more...] about PFRDA Increase of Entry Age up to 70 Years under NPS – NPS withdrawal after 60 years
IBA proposal to enhance the family pension to 30% of the last salary drawn by bank employees families
Bank Family Pension Revision 2021 | Bank Employees Family Pension Increased to 14% | PSU Bank employees | Employer contribution to NPS Press Information BureauGovernment of IndiaMinistry of Finance Banks’ contribution to NPS Corpus of PSU Bank employees to be enhanced to 14% Mumbai, 25 August 2021 In a bid to provide relief to families of bank employees, the … [Read more...] about IBA proposal to enhance the family pension to 30% of the last salary drawn by bank employees families
PFRDA – Exits and Withdrawals under the National Pension System
PFRDA NPS withdrawal rules RBE No. 61/2021 GOVERNMENT OF INDIA (BHARAT SARKAR)MINISTRY OF RAILWAYS (RAIL MANTRALAYA)(RAILWAY BOARD) No. 2016/F(E)}IIN/1(1)/3 New Delhi, dated: 10.08.2021. The GMs/Principal Financial Advisors,All Indian Railways/ Production Units (etc),(As per mailing list) Sub: Exits and Withdrawals under the National Pension System - … [Read more...] about PFRDA – Exits and Withdrawals under the National Pension System
OLD PENSION SCHEME COURT CASES
Old Pension Scheme Court Cases NPS to OPS Officials under the National Pension System (NPS) have been ordered to revert to the Old Pension Scheme (OPS). GOVERNMENT OF INDIAMINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(DEPARTMENT OF PENSION & PENSIONERS’ WELFARE)RAJYA SABHA UNSTARRED QUESTION NO. 2673 (TO BE ANSWERED ON 18.03.2021) LITIGATION FOR … [Read more...] about OLD PENSION SCHEME COURT CASES
National Pension Scheme – Retired employees can avail the benefit of the NPS scheme?
NPS Retired employees GOVERNMENT OF INDIAMINISTRY OF FINANCELOK SABHA UNSTARRED QUESTION NO: 3100 ANSWERED ON: 15.03.2021 National Pension Scheme Parbatbhai Savabhai PatelNaranbhai Bhikhabhai Kachhadiya Will the Minister of FINANCE be pleased to state:- (a) the main objective of National Pension Scheme; (b) the age prescribed for availing the benefit … [Read more...] about National Pension Scheme – Retired employees can avail the benefit of the NPS scheme?
15th Finance Commission Report defence pension, mulling separate NPS for armed forces, increasing the retirement age of POBR
15th Finance Commission Report As per 15th Finance Commission Report, the MoD has been examining various possibilities of reforms in defence pension, as deliberated by relevant Parliamentary Committee. The extract of Para 11.66 is reproduced below:- 11.66 The MoD has been examining various possibilities of reforms in defence pension, as deliberated by relevant … [Read more...] about 15th Finance Commission Report defence pension, mulling separate NPS for armed forces, increasing the retirement age of POBR
Payment of lump-sum compensation to railway employees covered under NPS on retention in Railway service
Lump-sum compensation to railway employees R.B.E. No. 10/2021 GOVERNMENT OF INDIAMINISTRY OF RAILWAYSRAILWAY BOARD No. D-43/4/2018 -F(E)III New DelhiDated: 19.02.2021. The General Managers/ Principal Financial Advisors,All Zonal Railways/ Production Units. Sub:- Payment of lump-sum compensation to employees covered under NPS on retention in Railway service … [Read more...] about Payment of lump-sum compensation to railway employees covered under NPS on retention in Railway service
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