Two elderly women staged a protest in Adimaly town on Wednesday against the non-disbursal of welfare pensions by holding earthen pans and seeking alms
The recommendation was made to address complaints that those who have fewer years of service would receive only small amounts as pension under the participatory pension scheme.
The Old Pension Scheme is favoured by the already pampered government employees. But how long will states spend their tax revenue on post-retirement payments?
A total of 2,21,871 claims worth Rs 576.94 crore has been received under the Medisep scheme in just eight months, the minister said, adding that the amount is being disbursed quickly.
The Finance Department has issued an order to postpone indefinitely the crediting of the first installment of pay revision arrears to their Provident Fund accounts, citing a severe financial crisis.
In the R C Gupta case of 2016, the Supreme Court had ruled that the EPFO’s decision to fix a cut-off date to give option for higher pension was wrong.
Central government employees and pensioners have been entitled to higher amount of DA and DR respectively, with effect from July 1, 2022
Presently, over 138 regional offices of the Employees' Provident Fund Organisation (EPFO) disburse pensions to beneficiaries in their region separately.
The Pension Accounting Office has also warned of stringent action against officials who have the habit of sitting on pension-related complaints.
For those who do not submit the affidavit, the subsequent arrears would be withheld. The affidavits have to be submitted before June 30.