pension scheme news

UP to verify beneficiaries of pension scheme for destitute women to remove ineligible enrollees

UP to verify beneficiaries of pension scheme for destitute women to remove ineligible enrollees

LIC smart pension plan: Features, annuity options, eligibility, other details

LIC smart pension plan: LIC launched the LIC Smart Pension Plan (Plan No. 879) on February 18, 2025.

Naidu distributes free LPG cylinders to Andhra women

The CM addressed a gathering while launching Deepam-2 at Eedupuram village of Ichapuram block in Srikakulam district

A best of both worlds formula

Unified Pension Scheme is not necessarily a retrograde step, as reform hawks believe

UP govt employees to get one-time option to choose old pension scheme

The cabinet also approved the proposal to expand the area of Varanasi, Bareilly and Moradabad development authorities and revenue villages will be included in these development authorities

Congress a ‘cut, commission & corruption’ party: Amit Shah at Karnal

Union home and cooperation minister Amit Shah, who was addressing the Antyodaya Mahasammelan in Karnal to mark the completion of nine years of the Manohar Lal Khattar government in Haryana, also hit out at the opposition parties

Haryana cabinet: Pension of media persons increased to ₹15,000

The media person getting a pension or honorarium of any kind from any other state government or news organisation will also be eligible

Govt school teachers protest: Edu directorate laid siege to; Lko traffic thrown out of gear

They warned officials that if their demands were not considered within a month, there would be a big movement

Amendment to pension scheme for construction workers on cards

Labour dept proposes changes in welfare scheme for introducing 3 pension slabs depending on period of registration of workers with the board

U.P. Cong backs stir for restoration of Old Pension Scheme

Congress leader Brajlal Khabri said that Congress supports OPS because it ensures social security to employees after retirement.

EPFO higher pension scheme deadline on May 3. Check eligibility, other details

In its April 23 order, the EPFO said that applications for higher pension will be vetted and verified by the field office.

Prashant Kishor mocks RJD, BJP after his nominee wins Council seat in Bihar bypoll

Afaque Ahmad, who won from Saran teachers’ constituency in a bypoll, has been an active member of Jan Suraj.

Explained: National Pension Scheme (NPS) vs Old Pension Scheme (OPS)

What exactly is the point of contention between National Pension Scheme (NPS) and Old Pension Scheme (OPS)? Is it just a political ploy, or does it also consider the economy? Here's a detailed account.

One-time option for ‘Old Pension Scheme’ ? Check eligibility, last date

According to the notification issued by the Ministry of Personnel, government employees who are eligible to choose the Old Pension Scheme "but do not do so by the stipulated date" will continue to be covered by the National Pension System.

Pension liability under House panel’s lens

Congress-ruled Rajasthan and Chhattisgarh have announced reverting to the old pension scheme, even as the party won Himachal Pradesh in the latest round of assembly polls banking on a slew of promises, including one to go back to OPS.

Woman gets family pension denied to her for over 30 years: NHRC

In a statement, the NHRC said the woman's husband was a retired ambulance driver who had served at the Safdarjung Hospital here.

Supreme Court questions pension scheme for staff of Kerala ministers

The bench further asked Giri to convey the views of the top court to state government functionaries. “It is the only state doing this...Please, convey our words to the state government.”

Will new pension scheme be scrapped? Here's what the Centre replied

The NDA government under Atal Bihari Vajpayee in 2003 had scrapped the Old Pension Scheme (OPS) and introduced the National Pension Scheme (NPS) from April 1, 2004

Explained: Old vs new pension schemes and why government staff are protesting

The old pension scheme was done away with by the Bharatiya Janata Party (BJP)-led government during Atal Bihari Vajpayee's regime in December 2003. The national pension scheme (NPS) took effect from April 1, 2004.

'Old pension scheme is...:' Priyanka reacts on big Rajasthan Budget announcement

“The Congress party is fully dedicated to the interests of government employees,” Congress general secretary Priyanka Gandhi hailed the old pension scheme announced by Rajasthan chief minister Ashok Gehlot in his budget.

No ration card needed to get widow pension in Jharkhand, says CM Soren

Chief minister Hemant Soren announced that widows will get their pension money from the government with out a ration card in Jharkhand.

Finance dept unhappy at agenda of Punjabi varsity syndic meeting

The department observed that the services of contractual employees should not be regularised by the university in violation of government policy, without the approval of the administrative department

₹20,000cr transferred to Jan Dhan accounts of 20 crore women during lockdown: Smriti Irani

She was addressing a virtual rally of party office bearers and workers of Kangra Parliamentary Constituency through video conferencing from New Delhi

Covid-19: Time for liberal withdrawal options for retirement funds

A crisis like the coronavirus pandemic makes retiral benefits important for the elderly, both for medical and economic reasons. We have an example in the Thrift Savings Plan (TSP), a retirement plan for American civil servants

Bank unions in Patiala protest delay in wage revision

Besides delay in wage revision, their demands include merging special allowance with basic pay, scraping of new pension scheme and enhancement in family pension

‘Purpose behind tax move is to offer a simplified system’: Revenue Secretary

The purpose of the proposal is to offer an option of a simplified system, particularly to those who are not availing many exemptions, revenue secretary Ajay Bhushan Pandey said in an interview with Hindustan Times.

Two-day strike: Banking services hit across Punjab

Congress plans pension scheme in Sheila Dikshit’s name

The scheme, after former three-time Delhi chief minister Sheila Dikshit who died last year, proposes to increase the pension to senior citizens, widows and differently abled people to ₹5,000 per month.

Aadhaar is now compulsory for this pension scheme for senior citizens

The scheme, which envisages an assured rate of return of 8 per cent annually, is being implemented through Life Insurance Corporation of India (LIC). The scheme was announced in Union Budgets of 2017-18 and 2018-19.

Narendra Modi government gives ‘highest’ DA since 7th CPC’s 2016 pay scales

The Centre would now release an additional installment of Dearness Allowance (DA) to employees and dearness relief to pensioners from July 2019 representing an increase of 5% over the existing rate of 12%