Central Government contribution in National Pension Scheme (NPS) raises to 14%

The Union Cabinet has recently raised the government’s contribution to National Pension Scheme (NPS) to 14% of basic salary from the current 10%. However, minimum employee contribution will remain at 10%. The Cabinet also allowed government employees to commute 60% ..

The conference on implementation of National Pension System (NPS) by Central Autonomous Bodies (CABs) held in New Delhi

The conference on implementation of National Pension System (NPS) by the Central Autonomous Bodies (CABs) was held in New Delhi. It was organized by Pension Fund Regulatory and Development Authority (PFRDA). The prime objective of the conference was to provide ..

Atal Pension Yojana reaches subscriber base of 80 lakh

The Pension Fund Regulatory and Development Authority of India (PFRDA) has announced that Atal Pension Yojana (APY) run by it has reached a subscriber base of 80 lakh and is growing at good pace. Uttar Pradesh is the highest contributing ..

Month: Current Affairs - January, 2018

Jitendra Singh to inaugurate first ‘Pension Adalat’ in New Delhi

Dr Jitendra Singh, the Minister of State for Public Grievances and Pensions, will inaugurate the first Pension Adalat in New Delhi on September 20, 2017. The Pension Adalats is being convened with the objective of bringing the aggrieved pensioner, the ..

Disability pension for defence forces at par with civilians: Government

The Union Government has accepted recommendations of National Anomaly Committee (NAC) to maintain disability pension for defence forces in parity with civilians under 6th Central Pay Commission (CPC). With acceptance of recommendations of NAC, Government will not go ahead with ..

Month: Current Affairs - September, 2017

New Delhi hosted Defence Accounts Department (DAD)’s first synergy conference on Defence Pensions

The Defence Accounts Department (DAD) has organized its first Synergy Conference on Defence Pensions in New Delhi on August 28, 2017. The conference was attended by all Defence Pensioners Associations and was open to all Defence Pensioners. The purpose of ..