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Amendment to pension scheme for construction workers on cards

Labour dept proposes changes in welfare scheme for introducing 3 pension slabs depending on period of registration of workers with the board

Punjab chief minister Bhagwant Mann (ANI file)
Updated on Aug 24, 2023 12:51 AM IST
By, Chandigarh

U.P. Cong backs stir for restoration of Old Pension Scheme

Congress leader Brajlal Khabri said that Congress supports OPS because it ensures social security to employees after retirement.

Congress-ruled states have restored OPS. (HT File)
Updated on Jun 27, 2023 10:59 PM IST

EPFO higher pension scheme deadline on May 3. Check eligibility, other details

In its April 23 order, the EPFO said that applications for higher pension will be vetted and verified by the field office.

Employees who became members before 1 September 2014 and continue to be one can apply for higher pension.(HT Photo)
Published on Apr 27, 2023 03:29 AM IST
By | Written by Ritu Maria Johny

Prashant Kishor mocks RJD, BJP after his nominee wins Council seat in Bihar bypoll

Afaque Ahmad, who won from Saran teachers’ constituency in a bypoll, has been an active member of Jan Suraj.

Afaque Ahmad defeated his nearest rival Anand Puskar of the CPI, who was the mahagathbandhan nominee.   (HT Photo)
Updated on Apr 06, 2023 10:08 PM IST
By, Bettiah

Explained: National Pension Scheme (NPS) vs Old Pension Scheme (OPS)

What exactly is the point of contention between National Pension Scheme (NPS) and Old Pension Scheme (OPS)? Is it just a political ploy, or does it also consider the economy? Here's a detailed account.

NPS and OPS is part of pension schemes floated by government.(HT File/ Representative Purpose)
Published on Mar 07, 2023 11:22 PM IST

One-time option for ‘Old Pension Scheme’ ? Check eligibility, last date

According to the notification issued by the Ministry of Personnel, government employees who are eligible to choose the Old Pension Scheme "but do not do so by the stipulated date" will continue to be covered by the National Pension System.

Employees who joined the central government services before December 22, 2003 are eligible. (Representational Image)
Published on Mar 06, 2023 08:21 PM IST

Pension liability under House panel’s lens

Congress-ruled Rajasthan and Chhattisgarh have announced reverting to the old pension scheme, even as the party won Himachal Pradesh in the latest round of assembly polls banking on a slew of promises, including one to go back to OPS.

This week, experts, representatives of the National Institute of Public Finance and Policy, a government think tank, and the expenditure secretary will brief the parliamentary panel on the issue of pension liability of the Centre and the states. (ANI)
Updated on Jan 09, 2023 05:12 AM IST
By, Rajeev Jayaswal, New Delhi

Woman gets family pension denied to her for over 30 years: NHRC

In a statement, the NHRC said the woman's husband was a retired ambulance driver who had served at the Safdarjung Hospital here.

Representational image.
Published on Jul 25, 2022 10:00 PM IST

Supreme Court questions pension scheme for staff of Kerala ministers

The bench further asked Giri to convey the views of the top court to state government functionaries. “It is the only state doing this...Please, convey our words to the state government.”

A Supreme Court bench of justices SA Nazeer and Krishna Murari flagged its concerns about Kerala being the only state that has such a pension scheme. (HT file)
Updated on Mar 15, 2022 05:48 AM IST
By, New Delhi

Will new pension scheme be scrapped? Here's what the Centre replied

The NDA government under Atal Bihari Vajpayee in 2003 had scrapped the Old Pension Scheme (OPS) and introduced the National Pension Scheme (NPS) from April 1, 2004

The Centre said it has no plans to remove the New Pension scheme(Representative photo)
Published on Mar 14, 2022 08:20 PM IST
Written by Aryan Prakash

Explained: Old vs new pension schemes and why government staff are protesting

The old pension scheme was done away with by the Bharatiya Janata Party (BJP)-led government during Atal Bihari Vajpayee's regime in December 2003. The national pension scheme (NPS) took effect from April 1, 2004.

The national pension scheme (NPS) took effect from April 1, 2004.(REUTERS)
Published on Mar 06, 2022 08:26 PM IST
Written by Sharangee Dutta | Edited by Chandrashekar Srinivasan, New Delhi

'Old pension scheme is...:' Priyanka reacts on big Rajasthan Budget announcement

“The Congress party is fully dedicated to the interests of government employees,” Congress general secretary Priyanka Gandhi hailed the old pension scheme announced by Rajasthan chief minister Ashok Gehlot in his budget.

Congress general secretary Priyanka Gandhi. (ANI- file photo)
Published on Feb 24, 2022 12:22 PM IST
By | Written by Ishika Yadav | Edited by Aryan Prakash

No ration card needed to get widow pension in Jharkhand, says CM Soren

Chief minister Hemant Soren announced that widows will get their pension money from the government with out a ration card in Jharkhand.

Widow pensions will be processed without ration cards in Jharkhand, says CM Hemant Soren.(Pradeep Gaur/Mint)
Published on Oct 25, 2021 10:31 PM IST
PTI | , Ranchi

Finance dept unhappy at agenda of Punjabi varsity syndic meeting

The department observed that the services of contractual employees should not be regularised by the university in violation of government policy, without the approval of the administrative department

The finance department also observed that the grant of new pension scheme from July 2012, onwards must be reviewed as it is in violation of the government policy, while the grant of pay scale to some employees by the university at its own level in violation of the government norms must be reviewed.(HT File Photo)
Updated on Sep 16, 2020 03:50 PM IST
Hindustan Times/Patiala | By, Patiala

20,000cr transferred to Jan Dhan accounts of 20 crore women during lockdown: Smriti Irani

She was addressing a virtual rally of party office bearers and workers of Kangra Parliamentary Constituency through video conferencing from New Delhi

(HT file)
Updated on Jun 15, 2020 06:53 PM IST
Hindustan Times/Dharamshala | By, Dharamshala

Covid-19: Time for liberal withdrawal options for retirement funds

A crisis like the coronavirus pandemic makes retiral benefits important for the elderly, both for medical and economic reasons. We have an example in the Thrift Savings Plan (TSP), a retirement plan for American civil servants

The Employees’ Pension Scheme IS one of the three schemes administered by EPFO that enables a subscriber to receive monthly pension payments(HTPHOTO)
Updated on May 15, 2020 07:53 PM IST
ByAnuja Choudhary

Bank unions in Patiala protest delay in wage revision

Besides delay in wage revision, their demands include merging special allowance with basic pay, scraping of new pension scheme and enhancement in family pension

HT Image
Updated on Feb 11, 2020 10:24 PM IST
Hindustan Times, Chandigarh | By, Patiala

‘Purpose behind tax move is to offer a simplified system’: Revenue Secretary

The purpose of the proposal is to offer an option of a simplified system, particularly to those who are not availing many exemptions, revenue secretary Ajay Bhushan Pandey said in an interview with Hindustan Times.

Revenue Secretary Ajay Bhushan Pandey(PTI)
Updated on Feb 03, 2020 12:43 AM IST
Hindustan Times, New Delhi | ByShishir Gupta and Rajeev Jayaswal

Two-day strike: Banking services hit across Punjab

Bank employees protesting in Jalandhar.(Pardeep Pandit/HT)
Published on Jan 31, 2020 10:14 PM IST
Hindustan Times, Chandigarh | By, Jalandhar

Congress plans pension scheme in Sheila Dikshit’s name

The scheme, after former three-time Delhi chief minister Sheila Dikshit who died last year, proposes to increase the pension to senior citizens, widows and differently abled people to ₹5,000 per month.

Former three-time Delhi chief minister Sheila Dikshit(Amal KS/HT PHOTO)
Published on Jan 08, 2020 04:21 AM IST
Hindustan Times, New Delhi | By

Aadhaar is now compulsory for this pension scheme for senior citizens

The scheme, which envisages an assured rate of return of 8 per cent annually, is being implemented through Life Insurance Corporation of India (LIC). The scheme was announced in Union Budgets of 2017-18 and 2018-19.

The government has made Aadhaar mandatory for subscribers of the Pradhan Mantri Vaya Vandana Yojana (PMVVY).(Chetan Chauhan/HT Photo)
Published on Dec 26, 2019 05:42 PM IST
New Delhi | ByPress Trust of India

Narendra Modi government gives ‘highest’ DA since 7th CPC’s 2016 pay scales

The Centre would now release an additional installment of Dearness Allowance (DA) to employees and dearness relief to pensioners from July 2019 representing an increase of 5% over the existing rate of 12%

Prakash Javadekar said that the decision will bring cheers to the working classes because the central government has been achieving many milestones in many sectors and it was the contribution of central government employees.(ANI Photo)
Updated on Oct 09, 2019 07:51 PM IST
Hindustan Times, New Delhi | By

‘A few have landed in jail’: PM Modi on his determination to fight graft

Prime Minister Narendra Modi said the functioning of the first 100 days of his government was just a trailer of what is yet to come.

Prime Minister Narendra Modi waves to the crowd after inauguration of the new Vidhan Sabha complex in Ranchi on Thursday.(ANI)
Updated on Jun 29, 2020 06:16 AM IST
Hindustan Times, Ranchi | By

Modi in Ranchi today, to launch slew of welfare schemes, development projects

Modi will dedicate country’s second Multi Model Terminal built at Sahibganj to the nation, inaugurate newly constructed state-of-the-art Assembly Building in Ranchi and lay the foundation of new secretariat building in Jharkhand capital.

In Jharkhand, more than 1.16 lakh farmers have registered themselves under the scheme so far. Only small and marginal farmer, who own cultivable land up to two hectares, would be eligible for the scheme.(HT image)
Updated on Sep 12, 2019 08:31 AM IST
Ranchi | By

PUTA polls: No legal hiccups, candidates launch campaign

Groups in fray have come up with similar promises in their manifestoes

The PUTA elections are slated for September 13.(HT PHOTO)
Published on Sep 10, 2019 11:03 PM IST
Hindustan Times, Chandigarh | By

Opinion: Players’ body inadequate in scope

A player association was a long-felt need in India but what we get is a body unrepresentative in nature and hopelessly inadequate in scope.

A man walks in front of the logo for the Board of Control for Cricket in India (BCCI)(AFP)
Published on Jul 31, 2019 10:14 AM IST
ByAmrit Mathur

Consider giving MSP legal status: HC to Punjab, Centre

MSP is the price at which the government purchases crops from farmers.

The Punjab and Haryana High Court asked the Centre and the Punjab government to consider providing legal status to the Minimum Support Price (MSP) by bringing suitable legislation.(HT File Photo)
Updated on Jul 30, 2019 10:05 AM IST
Hindustan Times, Chandigarh | ByHT Correspondent

‘Those who served jail time during emergency to get pension’: Devendra Fadnavis

Speaking in the state Assembly during the Question hour, Fadnavis said “pension was an honour more than money” for those who served jail term during the Emergency.

Maharashtra Chief Minister Devendra Fadnavis said those who were imprisoned during the Emergency will be provided pension and a citation.(Kunal Patil/HT File Photo)
Updated on Jun 25, 2019 05:50 PM IST
Mumbai | ByPress Trust of India

EPFO may replace LIC as fund manager for PM’s pension plan

The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM), a contributory scheme that offers a pension of ₹3,000 per month to those employed in the unorganised sector, from cobblers to construction workers, excludes those covered by the Employees’ State Insurance Corporation (ESIC) and EPFO.

EPFO may replace LIC as fund manager for PM’s pension plan(HT File)
Updated on Mar 25, 2019 09:57 AM IST
New Delhi | ByRajeev Jayaswal

Is the new pension scheme a case of old wine in a new bottle?

The Pradhan Mantri Shram Yogi Maan-dhan Yojana is yet another scheme with inbuilt flaws

To deliver pensions, India needs a clear vision, strategy and institutional architecture(HT)
Updated on Mar 08, 2019 09:24 AM IST
ByYamini Aiyar
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