Indian government employees after retirement used to get the pension under the old pension scheme, called OPS. But, from 22nd Dec 2003, New Pension Scheme called NPS came into existence and since then nothing remained same for the working employees. In every corner of India whether it is central government employees or state government employees,Continue reading “Comparison of Old Pension Scheme vs New Pension Scheme”
Tag Archives: pension
Dearness Relief, DR hike of Bank Pensioners from February to July 2023
The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for December 2022 has been released on 31.01.2023, the last working day of January month, by Labour Bureau, under Ministry of Labour and Employment. Based on the AICPIN of October, November, December 2022, Dearness Relief (DR) hike from February to July 2023 haveContinue reading “Dearness Relief, DR hike of Bank Pensioners from February to July 2023”
DR hike for central govt. pensioners and family pensioners from 1st Jan 2023
Dearness Relief (DR) hike for Central Government pensioners and family pensioners from 1st January 2023 are known to us after the declaration of AICPIN of period Jul’22 to Dec’22. The DA hike for central government pensioners and family pensioners from 1st January 2023 will be declared officially by DoPPW in March’23.