Dearness Relief payable for the period August 2023 to January 2024 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia The Indian Banks' Association (IBA) issued a directive, … [Read more...] about Indian Banks’ Association – Dearness Relief for Pre-1986 Retirees
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Dearness Relief Circular for Pensioners (August 2023 – January 2024)
Indian Banks' Association Circular on Dearness Relief for Pensioners (August 2023 - January 2024) The Indian Banks' Association, in a circular dated August 2, 2023, addressed to the Designated Officers of member banks participating in the … [Read more...] about Dearness Relief Circular for Pensioners (August 2023 – January 2024)
Grant of Notional Increment and Pension Re-fixation – Delhi High Court Decision
Delhi High Court Ruling: Grant of Notional Increment and Pension Re-fixation In a recent judgment by the High Court of Delhi at New Delhi on 31st May, 2023, the petitioners, Madan Mohan Dhyani and others, sought relief through W.P.(C) 1731/2020 … [Read more...] about Grant of Notional Increment and Pension Re-fixation – Delhi High Court Decision
Implementation of SPARSH for Defence Civilian Pensioners
Revised Submission Procedure for Pension/Gratuity Claims The Central Record Office (Officers) has issued a communication regarding the implementation of SPARSH (System for Pension Administration (Raksha) for Defence Civilian Pensioners). The … [Read more...] about Implementation of SPARSH for Defence Civilian Pensioners
All India Services (Death-cum-Retirement Benefits) Amendment Rules, 2023
Death-cum-Retirement Benefits Amendment Rules, 2023 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Personnel and Training)NOTIFICATIONNew Delhi, the 6th July, 2023 G.S.R. 487(E).—In exercise of the powers conferred by … [Read more...] about All India Services (Death-cum-Retirement Benefits) Amendment Rules, 2023
Grant of Notional Increment for Pensionary Benefits to Employees Retiring on 30th June
Grant of notional increment (as due on 1st July) for the pensionary benefits to those employees who had retired on 30th of June before drawing the same Government of India, Ministry of Railways clarifies the grant of notional increment for … [Read more...] about Grant of Notional Increment for Pensionary Benefits to Employees Retiring on 30th June
Dearness Relief Granted to CPF Beneficiaries in the 5th CPC Series from 01.01.2023
Grant of Dearness Relief in the 5th CPC series effective from 01.01.2023 to CPF beneficiaries in receipt of basic ex-gratia payment Government of India announces enhanced Dearness Relief for CPF beneficiaries in the 5th CPC series effective from … [Read more...] about Dearness Relief Granted to CPF Beneficiaries in the 5th CPC Series from 01.01.2023
Enhancement of Dearness Relief for CPF Beneficiaries from 01.01.2023
Grant of Dearness Relief in the 5th CPC series effective from 01.01.2023 to CPF beneficiaries in receipt of basic ex-gratia payment Government of India increases Dearness Relief for CPF beneficiaries in the 5th CPC series. Effective from … [Read more...] about Enhancement of Dearness Relief for CPF Beneficiaries from 01.01.2023
Interest Rate of 7.1% Announced for General Provident Fund for 2023-2024
General Provident Fund and Similar Funds Interest Rate Announcement F.NO. 5(3)-B(PD)/2023Government of IndiaMinistry of FinanceDepartment of Economic Affairs(Budget Division) New Delhi, the o4 July, 2023 RESOLUTION It is announced for general … [Read more...] about Interest Rate of 7.1% Announced for General Provident Fund for 2023-2024
Compilation of Rule-Based Interpretation/Clarifications/Advice
Qualifying Service and counting of past service Compilation of rule-based interpretation, clarifications, and advice provided by the Department of Pension & PW to Ministries/Departments from January 1, 2023, to January 31, 2023. This includes … [Read more...] about Compilation of Rule-Based Interpretation/Clarifications/Advice