The Odisha Cabinet on Friday approved nine key proposals including the hike in pension amount for the Persons with Disabilities and elderly persons of 80 years of age or above.
Employees' Provident Fund Organisation (EPFO) on Wednesday gave final opportunity till January 31, 2025 to Employers to upload wage details etc. regarding over 3.1 Lakh pending applications for Pension on Higher Wages.
Delhi BJP president Virendra Sachdeva on Monday claimed that the addition of 80,000 new old-age pensioners in Delhi is a result of BJP’s efforts and political pressure.
Union Minister of Labour and Employment and Chairperson, Central Board of Trustees, EPF, Dr Mansukh Mandaviya has approved the proposal for a Centralised Pension Payment System (CPPS) for Employees’ Pension Scheme, 1995.
The recent introduction of the Unified Pension Scheme (UPS) by the Centre aims to balance the conflicting demands of fiscal responsibility and guaranteed pensions for public employees.
Under the Universal Pension Scheme, people belonging to the SC and ST communities will start getting pension from the age of 50.
The new pension scheme for its employees, inferior to the existing one, is a case in point. More disturbing is the denial, due to some flimsy objections, of the higher pension right to a large number of employees already covered under the Employees’ Provident Fund (EPF) scheme, not to speak of the total exclusion of a category of employees recruited after 1 September 2014.
While delivering the ruling, the court observed that pension is not a bounty, it is earned for rendering a long and satisfactory service.
The Rajasthan government employees, who complete 25 years of service, will now get the benefit of full pension service.
Petitions Committee has summoned officials of the finance department as well as those of the social welfare department to get to the bottom of the matter.
