Pension Scheme
PENSION SCHEME NEWS
EPFO office leads country in processing higher pension claims under SC order
June 19, 2025 12:34 pm
Regional office clears 14,158 joint option applications, issues demand letters to over 73% applicants; sees 37% rise in claims settlement in FY25.
As South worries over ageing population, how pension schemes may further skew balance
December 19, 2024 8:58 am
Not only do southern states have higher proportions of senior citizens, they also provide among the largest monthly old-age pensions, on top of what the uniform amount the Centre provides
UPSC Current Affairs Pointers of the past week | September 16 to September 22, 2024
September 28, 2024 9:43 am
Are you preparing for the UPSC Prelims 2025? Worried about your Current Affairs preparation? Don't miss out on important current affairs tidbits for your Prelims and Mains preparation. Learn about White Revolution 2.0, NPS Vatsalya Scheme, Amur Falcon, Indus Water Treaty, COP29 and more. You can also test your knowledge by solving MCQs.
Behind Unified Pension Scheme, what is the BJP govt’s play?
August 26, 2024 9:56 pm
Known for carving out a constituency among the poor with welfare initiatives, the Narendra Modi government has for the first time offered a major relief to a section of the middle class.
Unified pension scheme raises the risk of higher burden on the exchequer
August 26, 2024 6:52 am
A return to defined benefits could also further constrain the space for spending on other avenues
Cong should tell why its govts have not fulfilled OPS promise in states: BJP on 'U-turn' jibe on UPS
August 25, 2024 7:43 pm
The BJP leader accused Gandhi of "bluffing" people by making false promises for votes and asked him to desist from such practice.
Explained: In Unified Pension Scheme, extra burden on govt but no pushing back on reforms
August 26, 2024 11:28 am
Clearly, the UPS is a political response to the festering grouse among government employees, who form a vocal political constituency. With assured pension expected to benefit over 23 lakh central government employees, states are also expected to join under the UPS. However, the additional strain on state government finances would require caution.
Centre approves assured 50% salary to govt employees after retirement: What is Unified Pension Scheme?
August 25, 2024 10:03 pm
The scheme approves an 'Assured Minimum Pension' of Rs 10,000 per month on superannuation after a minimum of 10 years in service.
Why Kerala's contributory pension scheme was under review, and what a govt committee has said on retaining it
November 10, 2023 11:00 am
The NPS was introduced in the state in 2013. Demands to bring back the older scheme have been raised in other states too, with some reverting to it. But why? We explain.
EPFO extends deadline to apply for higher pension option till June 26
May 03, 2023 8:51 am
More than 12 lakh applications have been received till date, the Ministry of Labour and Employment said in a statement released Tuesday.
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