Author Wadhawan V K
The High Court of Panjab and Haryana has dismissed 808 writ petitions challenging the 15-year period for pension restoration after commutation. The petitions, filed by retired Punjab government employees, had sought restoration of commuted pension after a shorter period of about 12 years, arguing that the existing 15-year period was arbitrary and unjustified.The amount of…
Pension Restoration: High Court Upholds 15-Year Commutation Period was originally published on All India RBI Oers Pensioners Forum
Holiday Homes Directory for RBI Retirees – Web App updated AIRBIOPF has updated a web application that includes a directory of holiday homes specifically for RBI retirees. This directory contains information about all available holiday homes as of July, 2024.User has… Continue Reading →
The Department of Posts, via India Post Payments Bank (IPPB), has introduced a new doorstep service to help pensioners submit their Digital Life Certificates (DLC). This service aims to make the process easy and convenient. We encourage you to take… Continue Reading →
In Memoriam: K. BalakrishnanIt is with deep sorrow that we announce the untimely passing of our esteemed colleague and friend, K. Balakrishnan. Balakrishnan was a dedicated officer who retired under the OERS Scheme. He served as the Secretary of the… Continue Reading →
The concept of granting additional pensions to Central Government Pensioners, as being circulated in the media reports, is not new, and numerous eligible pensioners are already benefiting from this provision.
Reports indicate that the Reserve Bank has begun distributing the 90th Year Silver Memento to current staff and those who retired after April 1, 2024. Individuals joining the Bank by March 31, 2025, are also eligible for this memento. However,… Continue Reading →
The RBI has noted the rise of unauthorized websites and applications that falsely claim to be registered with the Bank. These entities pretend to offer legitimate financial services or digital lending applications. Public trusts them unwittingly.
Government employees switching to the Unified Pension Scheme (UPS) can hope to see a significant increase in their pension, as the government’s contribution is set to increase from 14% to 18.5%.
Following our update on the Unified Pension Scheme, we present a comparison chart below detailing the differences between the Old Pension Scheme (OPS), National Pension System (NPS), and Unified Pension Scheme (UPS).: Feature Old Pension Scheme (OPS) National Pension System… Continue Reading →
Understanding the Unified Pension Scheme: A New Era for Government Employees The Unified Pension Scheme (UPS), recently approved by the Union Cabinet, marks a significant shift in the pension landscape for central government employees. Set to launch on April 1,… Continue Reading →