family pension Current Affairs, GK & News

7th Pay Commission: Family Pensions Ceiling Enhanced

The Union Minister of State for Prime Minister’s Office and Personnel, Public Grievances & Pensions, Dr. Jitendra Singh, stated on February 12, 2021 that the upper ceiling for family pension has been increased from Rs 45,000 to Rs 1,25,000 per month. Highlights This decision was taken in order to bring Ease of Living for the ..

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Atal Pension Yojana completes 5 years

The “Atal Pension Yojana” launched on May 9, 2015, has completed 5 years of its implementation. The total enrollment under the scheme as on May 9, 2020 was 2,23,54,028. Highlights During the first two years of the launch of the initiative, there were 50 lakh subscribers. In the third year, the numbers doubled with 100 ..

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Labour Ministry is celebrating Pension Week

The Labor Ministry is celebrating pension week from November 30, 2019 to December 6, 2019 in order to increase enrolments under National Pension Scheme (NPS) for traders and Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM). The aim of the celebration is to enroll 1 crore beneficiaries under PMSYM and 50 lakh beneficiaries under NPS-traders. Highlights The ..

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Pradhan Mantri Shram Yogi Maan-Dhan (PM- SYM)

The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) announced in the interim budget 2019 has been notified by the Ministry of Labour and Employment. Features of the PM-SYM PM-SYM is a voluntary and contributory pension scheme on a 50:50 basis where prescribed age-specific contribution shall be made by the beneficiary and the matching contribution by the ..

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