PENSIONERS

  • Narendra Modi courts Canada banks, insurers, pension funds April 17, 2015

    Toronto: Top executives at Canada's largest banks, insurers and pension funds sounded bullish over investing in India after meeting Prime Minister Narendra Modi, who is making the first bilateral visit to Canada by an Indian premier for 42 years. Modi held a roundtable with the heads of major Canadian financial institutions...
  • Dearness Allowance hiked by 6 per cent; to benefit over 1 crore employees, pensioners April 7, 2015

    Mumbai: In a bonanza to over one crore central government employees and pensioners, the Cabinet on Tuesday hiked Dearness Allowance (DA) by 6 per cent to 113 per cent of their basic pay with effect from January. The decision benefiting 48 lakh government employees and 55 lakh pensioners would lead to...
  • Register Aadhaar numbers with banks: Government tells pensioners April 6, 2015

    New Delhi: All central government pensioners should register their Aadhaar numbers with banks in order to avoid any problems faced by them in getting pension, the Centre has said. "All the pensioners or family pensioners are, therefore, advised to get themselves and their family members registered for Aadhaar and furnish this...
  • UP CM Akhilesh Yadav seeks to silence critics on completion of 3 years March 15, 2015

    Lucknow: Seeking to rubbish opposition charges of his government's failure on all fronts, Uttar Pradesh Chief Minister Akhilesh Yadav on Sunday said ruling Samajwadi Party has fulfilled all its poll promises as it completed three years in office. "Today the government has completed three years. We have completed...
  • Government unveils universal social security and pension schemes February 28, 2015

    New Delhi: Finance Minister Arun Jaitley on Saturday announced a slew of low-cost pension and insurance schemes, including Atal Pension Yojana and Universal Social Security scheme. Atal Pension Yojana will provide defined pension according to contribution. Of this, 50 per cent contribution would be made by the government, he said while...
  • One rank, one pension scheme will be rolled out soon, says Manohar Parrikar February 1, 2015

    New Delhi: Defence Minister Manohar Parrikar on Sunday assured the ex-servicemen of early implementation of the 'one rank, one pension' scheme, saying his Ministry has fast-tracked the work on it. The assurance came when a 27-member delegation of the ex-servicemen called on Parrikar at Kota House, his residence for the...
  • 'One-rank one-pension' scheme before next budget: Manohar Parrikar December 26, 2014

    Panaji: Defence Minister Manohar Parrikar on Friday said that 'one-rank one-pension' policy would be implemented in the defence forces before the next budget. "One-man one-pension policy will be implemented. We are right now working on its detailing," Parrikar said. The implementation has lot of financial implications which are being worked out,...
  • SC dismisses Defence Ministry appeals against disabled soldiers: Political executive loses opportunity to earn goodwill December 13, 2014

    The writer is former Indian Army Major Navdeep Singh. It is well known that the current political regime is proactive and deeply concerned about the welfare of men and women in uniform. It is also well documented that both the Prime Minister as well as the Defence Minister are sensitive...
  • Single women demand pension, greater access to government schemes November 11, 2014

    New Delhi: Demanding adequate social security measures for them including pension and better access to government entitlements, scores of single women from different parts of the country have descended here for a two-day meeting starting on Wednesday. The women, under the banner of the National Forum for Single Women's Rights,...
  • Pension scheme for 40 lakh families in Uttar Pradesh October 24, 2014

    Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav will launch a pension scheme for 40 lakh families, including those belonging to the Scheduled Castes and Scheduled Tribes and minorities, in the state on November 5. The Samajwadi Pension Scheme will cover 12 lakh SC/ST families as well as 10 lakh minority and...
  • Vasundhara Raje clears Pensioners Health Concession Scheme 2014 October 10, 2014

    Jaipur: In Diwali bonanza to retired employees, Rajasthan Chief Minister Vasundhara Raje approved the Pensioners Health Concession Scheme, 2014 to provide medical care in the government-run hospitals and approved private hospitals. The scheme to provide medical and health benefits to lakhs of state pensioners at concessional rates was earlier announced...
  • Minimum pension under EPS to be made permanent: Narendra Singh Tomar September 25, 2014

    New Delhi: In order to remove uncertainty over the payment of minimum Rs 1,000 monthly pension under the Employees' Pension Scheme 1995 (EPS-95) beyond March 31, the government will amend the scheme to make it a permanent feature. "When we have planned that (Rs 1,000 minimum monthly) pension will be given,...
  • EPFO's Rs 1,000 minimum pension to benefit 32 lakh immediately September 24, 2014

    New Delhi: Government's decision to amend the Employees Pension Scheme, 1995 (EPS-95) run by EPFO to provide minimum monthly pension of Rs 1,000 will immediately benefit around 32 lakh pensioners who get less than this. Earlier, estimates of EPFO had suggested that the immediate beneficiaries who were getting less than Rs...
  • Demand for onerank onepension to be considered: Rajnath Singh September 11, 2014

    Bhuj: The demand for granting onerank onepension to paramilitary personnel would be considered, Home Minister Rajnath Singh said on Thursday. The Home Minister's assurance came during an interaction with jawans of Border Security Force during a visit to the frontier district of Kutch along the IndiaPakistan border. ...
  • Pension formalities made simpler September 5, 2014

    New Delhi: The time prescribed for processing pension papers has been halved from two years to one year and procedure for verification of service for pensionary benefits has been made simpler and quicker, an official statement said on Friday. "Now service verification certificate will be issued twice once after 18...
  • Government to release additional installment of DA September 4, 2014

    New Delhi: The government on Thursday said it will release an additional installment of dearness allowance (DA) to central government employees and dearness relief (DR) to pensioners from July 1 2014. "This is an increase of seven per cent over the existing rate of 100 per cent of the basic pay,...
  • Government to increase dearness allowance to 107 per cent, up from 100 per cent August 31, 2014

    New Delhi: Government is likely to approve a hike in dearness allowance (DA) to 107 per cent from the existing 100 per cent, benefiting around 30 lakh Centre's employees and its 50 lakh pensioners including dependants. "The average rate of retail inflation for industrial workers from July 1, 2013 to...
  • HPAU pensioners to observe Black Day on August 15 August 15, 2014

    Shimla: More than 900 pensioners of CSK Agriculture University in Palampur have decided to observe the Independence Day as 'Black Day' to protest against nonpayment of their pension since March 2014. "We salute our martyrs and shall strive to uphold Independence of our Republic, but we have been forced to...
  • People under the age group of 60 will get pension: Inder Singh Namdhar August 8, 2014

    Former Jharkhand Assembly Speaker Inder Singh Namdhari on Friday alleged several people under 60 years of age were being benefited from the old age pension scheme in Palamu district. "The old age pension scheme is eligible for 60yearold people and above. But when I checked the list in Gahuganva village in...
  • Government to soon notify minimum Rs 1,000 monthly pension under EPS August 8, 2014

    New Delhi: Government will soon issue a notification to implement the Budget proposal of increasing the minimum monthly pension under the EPS95 scheme to Rs 1,000, Labour Minister Narendra Singh Tomar said. "My ministry has cleared the proposal and a notification will be issued soon," he said, responding to issues raised...
  • Uttarakhand govt to launch farmers pension scheme on Aug 15 August 7, 2014

    A pension scheme wherein farmers above the age of 60 years will get a monthly pension of Rs 800 will be launched by the Uttarakhand government on this Independence Day. The scheme has been initiated to encourage people, especially in the hilly areas, to take up farming, Chief Secretary Subhash Kumar...
  • Budget 2014: No major boost to Defence, Jaitley allots Rs 2.29 lakh crore July 10, 2014

    New Delhi: Finance Minister Arun Jaitley on Thursday announced just an additional Rs 5000 crore for the Defence Budge, taking the amount allocated to the the Indian Defence to Rs 2,29,000 crore. In the Interim Budget presented by the UPAII government, the amount was Rs 2,24,000 crore. In the Narendra Modi...
  • Proposal for Rs 1,000 minimum monthly pension approved: Government July 7, 2014

    New Delhi: Government has approved minimum monthly pension of Rs 1,000 under Employees Pension Scheme 1995 (EPS95) run by the retirement body Employees' Provident Fund Organisation (EPFO), Parliament was informed on Monday. The decision of the government would immediately benefit 28 lakh pensioners including 5 lakh widows getting less than Rs...
  • UP govt announces 'Samajwadi Pension Scheme' June 27, 2014

    Uttar Pradesh government on Thursday announced 'Samajwadi Pension Scheme', aimed at benefiting about 40 lakh families in the state. "Nearly 40 lakh families will benefit from the scheme and a sum of Rs 500 will be transfered in the bank accounts of head of each family every month," Chief Secretary Alok...
  • Uttarakhand government approves pension scheme for farmers June 6, 2014

    Ahead of the Gairsain Assembly session, Uttarakhand Cabinet on Thursday approved two popular schemes including a pension scheme for farmers and a scheme to airlift doctors to remote areas of the state. Both the decisions were taken in the Cabinet meeting chaired by Chief Minister Harish Rawat in Almora on Thursday,...
  • Probe ordered into withdrawal of pension by Pakistani woman May 3, 2014

    An alleged case of a Pakistani woman withdrawing pension from the Rajasthan state treasury has come to light and district authorities have ordered a probe into it. The probe was ordered following a complaint by a local man Alam Khan who said the woman, Ladoo, was now a Pakistani citizen after...
  • 10 financial steps you must take before you retire April 9, 2014

    Do not put off today what you cannot afford to do tomorrow. In spite of the world wide pension crisis and a growing acceptance that we must plan and save for our retirement, the harsh reality is we are actually not saving enough. Research reports reveal that only 15 per...
  • Congress an expert in fooling people: Modi March 29, 2014

    Bharatiya Janata Party prime ministerial candidate Narendra Modi mocked Congress Vice President Rahul Gandhi on the one rank, one pension policy. Modi said Gandhi had been fooling the public saying he had introduced the policy in three days. He said, "The Congress party is an expert in fooling people. Did...
  • Modi attacks Congress over Army pension scheme, farmer suicides March 20, 2014

    New Delhi: Narendra Modi, Bharatiya Janata Party's prime ministerial candidate, on Thursday hit out at Congress Vice President Rahul Gandhi for making false promises. "The One Rank One Pension was a long standing demand of serving as well as retired officers. Numerous letters were written to the Prime Minister, the President....
  • We need a political platform if we want change, says General VK Singh March 6, 2014

    Days after joining the BJP, former Army chief General VK Singh said that some recent events forced him to take the political plunge. Speaking exclusively to CNN-IBN's Bhupendra Chaubey, Singh said that a political platform is needed for change. "I take strength from Anna Hazare," Singh added. ...