Tag: pension

Kerala HC says pension is a Constitutional right for an employee

The payment of a retired employee’s pension is not dependent on the employer’s whims and fancies, held the Kerala High Court saying that it...

Employees are entitled to salary / pension as part of Constitutional...

The Orissa High Court has held that employees, whether current or former, are entitled to salary or pension, whichever the case, as a Right...

Centre eases family pension rules for kin of missing govt employees

As per a notification from the Department of Personnel and Training (DOPT), pension rules have been eased out. Following relaxation of certain rules by...

Salary limit for pension may be increased to 21,000:EPFO

Employees' Provident Fund Organisation (EPFO), the retirement fund body, is thinking of hiking the existing salary cap for pension from Rs 15000 to Rs...

Kerala’s welfare fund for IT-ITES staff ensures Rs 3K pension

Government of Kerala has announced a welfare fund for the staff of the information technology (IT) and information technology-enabled services (ITES) sectors in the...

Disability compensation for all CG staff

Henceforth, all serving Central-government employees who are rendered disabled in the line of duty and retained in spite of their disability, will receive ‘disability...

Pension rules relaxed for family of deceased CG employees

The families of Central government employees who die an untimely death in service may not have to run from pillar to post to receive...

Provisional pension for Central govt staff retiring during pandemic

Employees of the Central government who are retiring during the COVID-19 pandemic will now receive provisional pension, till their regular pension payment order (PPO)...

EPFO releases Rs 868 Cr pension and Rs 105 Cr arrears

As per a confirmation from the Ministry of Labour & Employment, the Employees’ Provident Fund Organisation (EPFO) has released Rs 868 crore pension in...

EPFO urges a/c holders to use online facilities

Even with a nationwide lockdown pushing people to stay indoors, individuals worried about their provident fund accounts no longer need to do so. The...

Pensioners to benefit from changes in EPS, 1995

The Government recently made changes to the Employees’ Pension Scheme (EPS), 1995, as a result of which more than six lakh pensioners may benefit....

Post regularisation of contractual employee, pension granted to kin of deceased

Recently, the Himachal Pradesh High Court passed a verdict, pertaining to a contractual government employee. An employee hired on temporary basis is entitled to...

Aykroyd Formula to replace 7th Pay Commission

In future, the remuneration of Central-government employees will in all likelihood be fixed by a new system known as the Aykroyd formula, instead of...

Central Govt. employees need to watch out

Central-government employees are required to observe a certain level of decorum during their working years, in order to enjoy pension and gratuity benefits without...

Indians score high on retirement preparedness: Aegon survey

A survey by Aegon, the Dutch multinational insurance company, reveals that Indians are the most optimistic in terms of preparedness for life after retirement. The...

Parity for Regional Rural Bank employees; SC asks Govt. to pay...

It will benefit the existing 80,000 employees as well as 20,000 retired employees

More benefits for government employees

Divorced daughters will now be eligible for family pension, if a divorce case has been filed before the death of the pensioner.

Job cuts at CNN, affected staff to be informed soon

A ‘gut punch’ is what Chris Licht, CEO, CNN rightly described the announcement of layoff plans as. Licht recently sent a memo to the...

Latest

Domestic workers in India and minimum wage

In India, there is no dearth of incidents pertaining to exploitation of domestic helps. However, things seem to be moving in the right direction,...

J&K approves HR policy for Anganwadi women workers, helpers

The administrative council of Jammu and Kashmir has approved the HR policy for Anganwadi women workers and helpers, who are employed with the Integrated...

Prismforce raises $13.6 million in Series A round

Prismforce, a vertical SaaS firm focused on enabling IT companies to build a digital first, agile talent-supply chain, has raised funds to the tune...

Signify appoints Irani Srivastava Roy as CHRO, India

Signify has appointed Irani Srivastava Roy as chief human resources officer (CHRO) for the Indian Subcontinent. In her new role, she will be responsible for...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...