by AIP Online Bureau | Feb 7, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security
”The state governments of Rajasthan, Chhattisgarh, Jharkhand, Punjab, and Himachal Pradesh have informed the central government/Pension Fund Regulatory and Development Authority (PFRDA) about their decision to restart Old Pension Scheme (OPS) for their state...
by AIP Online Bureau | Jan 22, 2023 | Indian News, Pension & Social Security, Policy
Eknath Shinde, Chief Minister,Maharashtra Under the old pension scheme, employees get a defined pension. Under this, an employee is entitled for a 50 per cent amount of the last salary drawn as pension However, the pension amount is contributory under the National...
by AIP Online Bureau | Jan 12, 2023 | Indian News, Pension & Social Security, Policy
Delhi High Court has ordered implementation of the Old Pension Scheme for all personnel of the CAPF and directed the Centre to issue necessary instructions within eight weeks It quashed a 2003 notification of the Union Ministry of Finance and a 2020 Office Memorandum...
by AIP Online Bureau | Dec 21, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
Devendra Fadnavis,Deputy Chief Minister,Maharashtra Under the old pension scheme, employees get a defined pension. Under this, an employee is entitled for a 50 per cent amount of the last salary drawn as pension Mumbai: Maharashtra Deputy Chief Minister Devendra...
by AIP Online Bureau | Nov 19, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
State government contribution towards the pension corpus will be Rs 1,000 crore per annum initially and will gradually increase in future. In addition to this, the current accumulated corpus with NPS is Rs 16,746 crore for which the state government will request...