1.16% increased contribution from employer’s share into the Pension Fund on salary exceeding Rs.15,000 The Employees’ Provident Fund Organization, under the Ministry of Labour and Employment, Government of India, has issued a circular to all … [Read more...] about 1.16% Increased contribution to Pension Fund on salary Exceeding Rs.15,000
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Implementation of Social Security Code 2020 for Provident Funds & EPS’ 1995
Effecting certain provisions of the Code on Social Security, 2020 in respect of Employees’ Provident Funds & Miscellaneous Provisions Act 1952 and EPS’ 1995 कर्मचारी भवियय निधि संगठनEMPLOYEES’ PROVIDENT FUND ORGANISATIONश्रम एवं रोजगार … [Read more...] about Implementation of Social Security Code 2020 for Provident Funds & EPS’ 1995
Ministry of Labour & Employment Complies with Supreme Court Directions on Pension on Higher Wages
M/o Labour & Employment Issues Notifications in Compliance of 04.11.22 Supreme Court Judgement on Pension on Higher Wages Ministry of Labour & Employment M/o Labour & Employment issues notifications in compliance of judgement dated … [Read more...] about Ministry of Labour & Employment Complies with Supreme Court Directions on Pension on Higher Wages
EPFO’s Online Facility for Correction of Validation of Option / Joint Option Application
Deleting and Re-submitting Application for Validation of Option / Joint Option The Employees’ Provident Fund Organisation (EPFO) has provided an online facility for correcting errors in Applications for Validation of Option/Joint Option. The EPFO … [Read more...] about EPFO’s Online Facility for Correction of Validation of Option / Joint Option Application
Railway Senior Citizens Request for Enhancement of Fixed Medical Allowance
Enhancement of Fixed Medical Allowance from Rs. 1000/- Per Month to Rs. 3000/- PM The Railway Senior Citizens Welfare Society (RSCWS) has written a letter requesting the enhancement of the Fixed Medical Allowance (FMA) for retired Central … [Read more...] about Railway Senior Citizens Request for Enhancement of Fixed Medical Allowance
Procedure for Changing Name/Surname in the PPO after Retirement
Change of Name by Pensioner/Family Pensioner Railway Board has issued a circular, RBE No. 54/2023, stating that there is no separate procedure for changing the name/surname of a pensioner/family pensioner in the Pension Rules. The PPO (Pension … [Read more...] about Procedure for Changing Name/Surname in the PPO after Retirement
Streamlining Pension Payments for DoT Pensioners through SAMPANN
Migration of DoT Pensioners drawing pension from Post offices to ‘SAMPANN’ The Department of Telecommunications (DoT) has decided to migrate all telecom pensioners and family pensioners who are currently receiving their pension from Post Offices … [Read more...] about Streamlining Pension Payments for DoT Pensioners through SAMPANN
Ministry of Personnel, Public Grievances & Pensions to Launch Integrated Pensioners’ Portal for Ease of Living
Union Minister Dr Jitendra Singh Announces Integration of Pension Disbursing Bank Portals, ANUBHAV, CPENGRAMS, CGHS into Integrated Pensioners’ Portal The Ministry of Personnel, Public Grievances & Pensions in India has created an "Integrated … [Read more...] about Ministry of Personnel, Public Grievances & Pensions to Launch Integrated Pensioners’ Portal for Ease of Living
Pension Updation of Retirees of Public Sector Banks (PSBs) in India
Government's Response to Unstarred Question No. 1828 on PSB Pension Updation The Indian Minister of State in the Ministry of Finance, Dr. Bhagwat Karad, has answered Unstarred Question No. 1828 regarding pension updation of retirees of Public … [Read more...] about Pension Updation of Retirees of Public Sector Banks (PSBs) in India
The Effect of the Maximum Pensionable Salary on the Employees Pension Scheme (EPS)
Pension under employees pension scheme The calculation of pensions for members of the Employees' Pension Scheme (EPS), 1995 is based on their pensionable service and salary, as specified in the EPS, 1995. For members who joined after September 1, … [Read more...] about The Effect of the Maximum Pensionable Salary on the Employees Pension Scheme (EPS)