Ministry of Labour & Employment Minimum Pension 17 DEC 2018 As regards Employees Pension Scheme (EPS), 1995, a minimum pension of Rs. 1,000/- per month has been prescribed with effect from 01.09.2014 for the pensioners under Employees Pension Scheme (EPS), 1995. In the case of Atal Pension Yojana (APY), depending upon the pension plan selected, each subscriber under … [Read more...] about Employees Pension Scheme (EPS), 1995, a minimum pension of Rs. 1,000/- per month has been prescribed with effect from 01.09.2014 for the pensioners under Employees Pension Scheme (EPS), 1995.
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EPS
Government takes steps to generate Employment Opportunities
Government takes steps to generate Employment Opportunities Government has taken various steps for generating employment in the country like encouraging private sector of economy, fast tracking various projects involving substantial investment and increasing public expenditure on schemes like Prime Minister’s Employment Generation Programme (PMEGP) run by Ministry of Micro, … [Read more...] about Government takes steps to generate Employment Opportunities
EPFO plans to hike minimum pension to Rs.2k
EPFO plans to hike minimum pension to Rs.2k The Employees Provident Fund Organization (EPFO) is considering an option to double the minimum pension amount to Rs.2,000. The financial implications of the move are being measured. There were plans to announce the decision before the strike of central trade unions on September 2. However, sources said, the move might have been … [Read more...] about EPFO plans to hike minimum pension to Rs.2k
Clean up the employees pension scheme
Clean up the employees’ pension scheme Though a majority of organised workers are covered under the Employees’ Pension Scheme (EPS) 1995, there is still very low transparency level. Many readers might not have even heard about it because EPS is not a separate scheme. It is just an add-on to the Employee Provident Fund (EPF) scheme and all EPF members also … [Read more...] about Clean up the employees pension scheme
Ceiling for Pensionable Salary
Ceiling for Pensionable Salary As per Para 12(1) of the Employees’ Pension Scheme (EPS), 1995, a member shall be entitled to: (a) Superannuation pension if he has rendered eligible service of 10 years or more and retired on attaining the age of 58 years. (b) Early pension, if he has rendered eligible service of 10 years or more and retired or otherwise ceases … [Read more...] about Ceiling for Pensionable Salary
Provision of Minimum Pension of Rs.1000 per month the Pensioners under the Employees Pension Scheme 1995
Provision of Minimum Pension of Rs.1000 per month the Pensioners under the Employees Pension Scheme 1995 Office Of the Principal Controller of Defence Accounts (Central Command) Cariappa Road, Cantt., Lucknow, Pin code – 226002 No.PT/3088/CGDA/Vol-VI Date: 19-05-2016 To, 1. The Area Accounts Office (CC) Allahabad 2. The Area Accounts Office (CC) Kanpur 3. The Officer … [Read more...] about Provision of Minimum Pension of Rs.1000 per month the Pensioners under the Employees Pension Scheme 1995
Minimum Pension – Ministry of Labour & Employment
Minimum Pension The Government has notified a minimum pension of Rs. 1000/- per month to the pensioners under Employees’ Pension Scheme (EPS), 1995 vide Notification No. G.S.R. 593 (E), dated 19th August, 2014 effective from 01.09.2014 for the year 2014-15 which is continued beyond March, 2015 without any break. However, no proposal is under consideration of the … [Read more...] about Minimum Pension – Ministry of Labour & Employment
EPS pensioners assured of minimum pension of Rs. 1000 per month
EPS pensioners assured of minimum pension of Rs. 1000 per month Press Information Bureau, Government of India Ministry of Labour & Employment 12-May, 2015 EPS pensioners assured of minimum pension of Rs. 1000 per month EPFO settles 11.77 lakh claims in April 2015: 77% of EPF claims settled within 10 days. The Employees Provident Fund Organisation(EPFO) has … [Read more...] about EPS pensioners assured of minimum pension of Rs. 1000 per month
Increasing Pension Limits Under Employees Pension Scheme
Increasing Pension Limits Under Employees Pension Scheme Ministry of Labour & Employment 09-March, 2015 15:00 IST The Government is not considering to enhance the age limit for Employees Pension Scheme (EPS).The Pension implementation Committee (PIC) has recommended to increase the short service pension entitlement age from 50 years to 55 years. The proposal is under … [Read more...] about Increasing Pension Limits Under Employees Pension Scheme
New policy for pension holders
New policy for pension holders GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT RAJYA SABHA UNSTARRED QUESTION NO-1192 ANSWERED ON-03.12.2014 New policy for pension holders 1192 . Shri Basawaraj Patil 1192. SHRI BASAWARAJ PATIL: Will the Minister of LABOUR AND EMPLOYMENT be pleased to state: (a)the impact of the new policy of Government on pension … [Read more...] about New policy for pension holders
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