Tag: pension

CSS officers to hold peace march; threaten non-cooperation

With many Central Secretariat Service (CSS) officers superannuating without getting the promotion they are eligible for, the disgruntled officers protested against the Central government’s...

Delhi approves Rs 280 crore to clear pension arrears for 20,000...

The Delhi government has sanctioned Rs 280 crore to settle outstanding pensions for over 20,000 retired Delhi Transport Corporation (DTC) employees. This addresses the...

New pension nomination rule empowers female government employees

On 2 January 2024, the Ministry of Personnel, Public Grievances, and Pensions declared that female government employees or pensioners can now prioritise nominating their...

Contract service to be accounted for in pension calculation: SC

Can contractual staff members who were later regularised, ask for contractual period of service to be taken into account for pension calculation? The Supreme...

Andhra Govt employees to get 50% pension of their last drawn...

The Andhra Pradesh government has decided to implement the guaranteed pension policy (GPS) for its employees by the replacing the existing contributory pension policy...

Rajasthan govt employees now eligible for full pension after 25 years...

The Rajasthan government has made significant changes to the pension and employment policies for its employees. A recent cabinet meeting, chaired by chief minister...

SC: Pension cannot be denied due to incorrect deductions

As per a new judgement passed by the Supreme Court, an employee can’t be denied pension just because his/her employer made any wrong deductions...

Ministry of Labour complies with SC’s directions regarding higher pension option

As per a press release by the Ministry of Labour and Employment, the EPFO has made arrangements for obtaining applications for validation of option...

Understanding end-of-service benefits for insured Emiratis in the UAE

Emiratis who are insured through the General Pension and Social Security Authority (GPSSA) are required to complete a minimum of one year in their...

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...

Unions want OPS restored, Raghuram Rajan says, ‘not a good idea’

While various employee unions of Central and state governments are threatening to agitate if the old pension scheme is not restored, Raghuram Rajan, former...

Pension bills surpass salary, wages bill of centre & 3 states:...

Expenditure on pension has become an important part of the fixed expenditure for the Central and state governments in recent years, mentions the latest...

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...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Saudi Arabia upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

Latest

J&K HC: No promotion denial for employees who avoid court during employment

The High Court of Jammu & Kashmir and Ladakh ruled that an employee shouldn't be denied promotion benefits just because they didn't go to...

How Hindustan Zinc mines a path for women in leadership

In the rugged world of mining, traditionally a male domain, Hindustan Zinc, a leading Indian zinc producer, is making history. Forget quotas; the company...

DPIIT empowers women in logistics

A stakeholder consultation titled 'Empowering Women in the Logistics Sector' was convened on 22 March, at Vanijya Bhawan, New Delhi, under the auspices of...

Perfios: Building the runway for future leaders

Imagine a company where fresh talent is nurtured alongside seasoned leaders, and where diversity is not just a buzzword but a springboard for innovation....

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

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....
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