Category: Pensioners

7th Pay Commission pension on notional pay based on the ‘Notional Pay’ on last pay drawn basis – BPS gratitude to Govt. of India

| June 5, 2017

BHARAT PENSION SAMAJ No.SG/BPS/17/2017 Dated: 31.5.2017 To Dr.Jitendra Singh Hon’ble Minister of State, (Independent Charge) Govt. of India Ministry of Personnel, Public Grievances and Pensions, New Delhi – 110001 Sub: Gratitude expressed on the Govt decisions on the VII Central Pay Commission recommendations – reg. Respected Sir, 1. Bharat Pensioners Samaj a conglomerate of over […]

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Reimbursement of medical claims to pensioners under CS (MA) Rules, 1944 as directed by various CATS/Courts

| June 5, 2017

No. 5.14025/23/2013-MS.EHSS Government of India Ministry of Health and Family Welfare Department of Health and Family Welfare Nirman Bhavan, New Delhi Dated : 29.09.2016 OFFICE MEMORANDUM Sub:- Reimbursement of medical claims to pensioners under CS (MA) Rules, 1944 as directed by various CATS/Courts – Regarding. The undersigned is directed to state that various references are […]

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New Pension System has given tremendous returns in share market

| May 23, 2017

मार्केट रैली में चमके NPS फंड्स, दिया शानदार रिटर्न  नई दिल्ली:- शेयर मार्केट में तेजी की लहर ने करोड़ों भारतीयों की रिटायरमेंट सेविंग्स में इजाफा कर दिया है। एनपीएस के सभी फंड्स ने पिछले कुछ वर्षों में डबल डिजिट में रिटर्न दिया है। निवेश में ज्यादा जोखिम ले सकने वाले जिन निवेशकों ने इक्विटी फंड्स में […]

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Know the difference between New and Old Pension Schemes

| May 22, 2017

हमारे बहुत से साथी नयी पेंशन योजना व पुरानी पेंशन योजना में अन्तर नहीं जानते आज मैं आप को इसका अन्तर स्पष्ट करने की कोशिश करूगाँ – 🌷🌷🌷🌷🌷🌷🌷 तो आइए देखते हैं दोनो में अन्तर – 1-पुरानी पेंशन पाने वालों के लिए जी0 पी0 एफ0 सुविधा उपलब्ध है जबकि नयी पेंशन योजना में जी0 पी […]

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7th Pay Commission – Modified pension revision formula cracked, know all about it and First option

| May 19, 2017

Implementation of government’s decision on the recommendations of the Seventh Central Pay Commission -Revision of pension of pre 2016 pensioners/family pensioners, etc. The undersigned is directed to say that the ih Central Pay Commission (7th CPC), in its Report, recommended two formulations for revision of pension of pre2016 pensioners. A Resolution No. 38/37/2016-P&PW (A) dated […]

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Big relief for New Pension System subscribers

| May 5, 2017

Big relief for New Pension System subscribers, Please read this newspaper report published in Amar Ujala:-

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7th Pay Commission – Highlights of Cabinet’s modifications on pay, pension benefits

| May 4, 2017

The Union Cabinet on Wednesday approved modifications on pay and pension benefits for central government employees based on the 7th Pay Commission. Here are the main highlights New Delhi: The Union cabinet on Wednesday approved modifications on pay and pensioner benefits almost a week after the Ashok Lavasa-led Committee on Allowances submitted its review report […]

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Rs 5,000 crore package for Centre’s pensioners after MCD polls

| April 21, 2017

NEW DELHI: The government is set to clear a Rs 5,000 crore package for pensioners after Sunday’s municipal elections in the capital to address their concerns related to the award of the 7th pay commission for central government employees and seniors. The revised pension will be taken up by the Union cabinet along with three-four […]

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Tax on withdrawal from National Pension Scheme – Reply of Govt. in Parliament

| April 12, 2017

Tax on withdrawal from National Pension Scheme Tax on NPS The provision that the withdrawal from National Pension Scheme is taxed to the extent of 60 per cent has been introduced into the Income Tax Act, 1961 (‘Act’) vide Finance Act, 2016 by inserting clause (12A) in Section 10 of the Act. Prior to Finance […]

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Details of the Meeting on New Pension System for Central Gov Employees held on 17.03.2017

| March 19, 2017

Sub: Meeting of the Committee constituted to suggest measures for streamlining the implementation of the National Pension System (NPS) for Central Government Employees —reg. A meeting of the Committee with JCM (Staff Side) under the chairmanship of Secretary (Pension), Department of Pension & Pensioners’ Welfare was held at Sardar Patel Bhavan, New Delhi on 17th […]

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