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The Minister of Labour and Employment in the Rajya Sabha has responded to an unstarred question concerning the implementation of the Supreme Court’s verdict on PF pension. The government has taken measures to enforce the verdict, and the Employees’ Provident Fund Organisation (EPFO) issued online applications on 29th December 2022 for pensioners who had retired […]

An amendment to the Government Savings Promotion General Rules, 2018 has been circulated by the Ministry of Communications of the Government of India. As per the amendment, individuals who open an account must provide proof of identity and address, such as their Aadhaar Number or proof of application for enrollment within six months of opening […]

An Office Memorandum from the Indian Ministry of Personnel, Public Grievances & Pensions has announced an increase in the Dearness Relief granted to Central Government Pensioners/Family Pensioners. Effective from January 1, 2023, the Dearness Relief rate will be enhanced from 38% to 42% of the basic pension/family pension (including additional pension/family pension). The revision will […]

The Pension Fund Regulatory and Development Authority (PFRDA) has released a notification announcing an amendment to the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015. According to the amendment, subscribers will be able to file grievances with the authority until they reach the age of 70, rather than the previous limit […]

The Principal Controller of Defence Accounts (WC) in Chandigarh has issued a letter to various officers and officials concerning the establishment of an oversight mechanism for the National Pension System (NPS). The letter mentions a proposal for a virtual meeting on April 5, 2023, chaired by Sr. Dy. CGDA (NPS), and requests the attendance of […]