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.
Thakur informed the state assembly in a reply laid on the table of the house on the first day of winter session on a question raised by the Leader of Opposition Mukesh Agnihotri, Congress MLAs Ram Lal Thakur, Sukhwinder Singh Sukhu and Jagat Singh Negi.
Prime Minister Narendra Modi said that his government stands in solidarity with their families and through these schemes, efforts are being made to mitigate financial difficulties that may be faced by them.
According to the reports, the Bank manager Ajit Pradhan allegedly asked Dei to bring her bedridden mother Labhe Baghel to the bank
EPS pensioners are required to submit Jeevan Pramaan /Life certificate each year to continue to draw pension.
The move comes after an analysis of the grievances received by the Department of Pension and Pensioners' Welfare under the Personnel Ministry for the 65.26 lakh central government pensioners.
