Tag: Pension Scheme

The minister said that instructions have been issued to liberalise the income criteria for eligibility of a child or sibling of a deceased government servant and pensioner for grant of family pension under CCS (Pension) Rules 1972.

The modes of pension payment are monthly, quarterly, half-yearly & yearly.

Bhubaneswar/New Delhi: The Navodaya Vidyalaya employees will now get benefits under the New Pension Scheme introduced for the central government employees. While speaking in the Lok Sabha during Question Hour, Human Resource Development (HRD) Minister Prakash Javadekar said the New Pension Scheme, which was introduced for the central government employees with effect from January 1, […]

New Delhi: The government on Friday said the number of subscribers to Atal Pension Yojana (APY), targeted at the unorganized sector, has crossed 1.24 crore mark with 27 lakh new subscribers joining in the current financial year. “The subscriber base under APY has crossed 1.24 crore mark… More than 27 lacs new subscribers have joined […]

For investors looking for high security and returns, investments in Post Office schemes seem to be a great option. One such monthly income scheme (MIS) that the Post Office has rolled out, provides a regular pension after investing a lump sum in the plan along with maturity benefits.

The department of Social Justice & Empowerment has informed that there is at present no proposal in that department for lowering the age of senior citizens. In a written reply to a question in the Lok Sabha, Minister of State in the Ministry of Personnel, Public Grievances and Pensions and Minister of State in the […]

Once included, they will be eligible for the pension and the Covid orphans will get Rs 500 a month as pension under the new section, MBPY-COVID.

Retired persons looking to use their pension fund money for meeting family emergencies or for making investments into better return yielding instruments would soon be permitted withdraw their entire lifetime contributions.

Bhubaneswar: In a welcome move, the Bhubaneswar Development Authority (BDA) has initiated process to bring all its employees including those already retired, under the ambit of its pension scheme. A notification in this regard was issued on Wednesday asking all its employees including the retired staff to submit the name of their spouse with date […]