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Pension Balancing

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.

A decent pension

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.

Defence veterans complain of not receiving pension for April

Lieutenant General DS Hooda (Retd) in a tweet said: "Veterans complaining of pension stopped without explanation. For most, this is the only source of income. Is this how the we say 'Thank you for your service to the nation'? Request @rajnathsingh to intervene."

Hakim asks KMC officials to clear pension, salary dues

Among several other initiatives announced by the KMC, of late, in a bid to ensure a quick inflow of revenue into its treasury, Mr Hakim today reiterated that to encourage the property tax defaulters to clear their dues, the civic body has waived 50 per cent of the interest amount and 100 per cent of the penalty amount.