The pension system is set to undergo major changes from April 1, 2025. The government has introduced reforms to improve pension benefits and ensure a more secure payment process. Below are the four key changes in the new pension rules: Increase in Minimum Pension The government has approved a rise in the minimum pension under … Read more
Good news for government employees! Now, the commuted pension will be restored after 12 years. This means if a retired employee had taken a part of their pension as a lump sum earlier, they will start getting the full pension amount again after 12 years. This change will help retired employees manage their expenses better … Read more
At present, central government employees who choose a commuted pension have to wait 15 years before receiving their full pension again. However, there are strong indications that this period may be reduced to 12 years under the 8th Pay Commission. If approved, this change would provide financial relief to pensioners at an earlier stage of … Read more
