The Cabinet also approved treating of non-practicing allowance (NPA) admissible to doctors at the rate of 20 per cent of revised basic pay as pay, with secretariat pay for employees (working in Punjab Civil Secretariat) to be doubled and also to be treated as pay.
The NPS is for the government, autonomous bodies, and corporate sector.
Colonels, who post retirement at 54, were eligible for reemployment till 58, would now serve till 57, without reemployment, Brigadiers till 58 and Major Generals till 59, an addition of a year.
There would be some reduction in the pension bill when civil defence employees, presently under National Pension Scheme (NPS), introduced in 2004, move closer to retirement.
The government has increased the the maximum age of joining under National Pension Scheme (NPS) from the existing 60 years…
The Pension Fund Regulatory and Development Authority (PFRDA) on Monday announced that the upper age limit for joining the National…
Expecting a hike in National Pension Scheme (NPS) subscribers, Pension Fund Regulatory and Development Authority (PFRDA) chairman Hemant Contractor on…
