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Govt ratifies interest rate at 8.25 pc on employees’ provident fund for FY25

by AIP Online Bureau | May 24, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

EPFO, on February 28, had decided to retain the interest rate of 8.25 per cent on employees’ provident fund (EPF) deposits for the financial year 2024-25, equal to the rate provided in the preceding fiscal. Now the interest amount as per the rate ratified for...

Central govt employees retiring day before annual pay hike date to get notional increment

by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

As specifically mentioned in the orders of the apex court, “grant of the notional increment on January 1/July 1 shall be reckoned only for the purpose of calculating the pension admissible, and not for the purpose of calculation of other pensionary...
Wage Revision: Meeting among GIPSA, DFS and unions of 6 PSU general insurance cos postponed to Apr 30

Wage Revision: Meeting among GIPSA, DFS and unions of 6 PSU general insurance cos postponed to Apr 30

by AIP Online Bureau | Apr 27, 2025 | Indian News, Non-Life, Policy, Workplace/Employee Benefits

On Sunday afternoon, GIPSA had informed the unions that the meeting has been postponed due to an urgent engagement of DFS officials New Delhi: Disappointing 35,000 work force of the PSU general insurance industry, the much awaited meeting among all the stake holders...
No proposal to change retirement age of govt employees: Centre

No proposal to change retirement age of govt employees: Centre

by AIP Online Bureau | Mar 19, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

“No proposal to change the retirement age of government employees is under consideration of the government,” Union Minister of State for Personnel Jitendra Singh said New Delhi: The government is not considering any proposal to change the retirement age of...

Large number of employees experience burnout due to poor work-life balance: Survey

by AIP Online Bureau | Mar 12, 2025 | Facts, Health, Workplace/Employee Benefits

It said, the mental well-being of employees is crucial for the organisation’s growth and the recent untimely passing of several business leaders and employees due to work-related stress highlights the urgent need to prioritise health in high-stress occupations...
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