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8th Pay Commission: Central govt employees may see 186% rise in pension

8th Pay Commission: The 8th Central Pay Commission (CPC) will come into effect from January 1, 2026

8th Pay Commission: Over one crore Central employees and pensioners are set to benefit from the setting of the 8th Pay Commission. (REUTERS)
Updated on Jan 24, 2025 05:33 PM IST

8th Pay Commission: What changes did 7th and 6th Pay Commissions bring?

8th Pay Commission: The government recently approved the formation of the 8th Pay Commission to revise salaries of central government employees and pensioners

8th pay commission: Union Minister Ashwini Vaishnaw suggested the new commission's recommendations will come into effect on January 1, 2026.(Representational Image/Pexel)
Updated on Jan 21, 2025 09:09 PM IST

Budget 2025: Minimum EPS pension hike to 7,500 likely to be considered

For this, a delegation of EPS-95 pensioners met Finance Minister Nirmala Sitharaman on January 10 , 2025, as part of a pre-budget consultative meeting

Under the Provident Funds and Miscellaneous Provisions Act, an employer and worker both are required to contribute 12% of a person’s basic salary towards a retirement-benefits corpus managed by the EPFO (HT Photo)
Published on Jan 13, 2025 09:50 AM IST

EPS rule update: Pensioners can now withdraw pension from any bank branch

The newly introduced Centralised Pension Payments System (CPPS) is expected to benefit 78 lakh EPS pensioners with its convenience.

Pensioners don't have to visit the branch for any verification and it will be credited immediately upon release(HT Photo)
Published on Jan 02, 2025 10:31 AM IST

How to get higher pension if employer didn't approve or process your application

A historic Supreme Court judgement allowed many Employee Pension Scheme (EPS) members to apply for a higher pension, but not all were successful in getting it

On top of this, the Employees Provident Fund Organisation (EPFO) also had given the last chance to employers to upload employee wage details by January 31, 2025(HT Photo)
Published on Dec 22, 2024 12:41 PM IST
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