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Showing posts from September, 2019

Digital life certificate of Pensioners/family pensioners-No need to visit Banks etc for this purpose

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How to make your nest egg last a lifetime

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How to make your nest egg last a lifetime A retirement corpus of 1 crore seems big but won’t be able to sustain expenses of 50,000 a month due to inflation. Here’s what retirees can doThe Times of India (New Delhi edition)30 Sep 2019BABAR ZAIDI YEARMONTHLY EXPENSE Relies on annuities, debt options that give assured returns One of the biggest challenges that retirees face is how to make their retirement savings last a lifetime. Even if one has saved diligently throughout one’s working life and accumulated a sizeable nest egg, it may not be able to generate enough to sustain monthly expenses over the long term. This is largely due to three factors: longer life spans, early retirement and falling interest rates. According to a report of the UN Population Fund, life expectancy at birth in India has risen from 60 years in 1994 to 69 years in 2019. That’s the average. Lifespans are longer in urban centres with medical facilities and among socio-economic classes that can access them. It is …

Widow and not the mother is entitled to family Pansion

Bharat Pensioner-BPSeptember 30, 2016 · 
Sep 30 2016 : The Times of India (Delhi) Widow, not dead man's mom, will get pension: SC Dhananjay Mahapatra New Delhi


Deciding a long and bitter `saas-bahu' fight over a dead man's pension, the Supreme Court stood behind the daughter-in-law and ruled that a widow alone was entitled to pension after death of an employee and not his mother.
A bench of Justices A R Dave and L Nageshwar Rao faced a tricky question while deciding this dispute between the mother and wife of deceased Haryana government employee Yash Pal.While the widow laid claim to her late husband's pension, the mother cited the Hindu Succession Act to stake her claim.
Writing the judgment for the bench, Justice Dave said so far as provisions of Hindu Succession Act, 1956 were concerned, the properties of a Hindu who dies intestate (without writing a will) would first of all go to persons categorised as class-I heirs. “Therefore, so far as the properties of late Ya…

EXTRACT FROM 31ST SCOVA AGENDA ITEMS SUBJECT PLACED FOR REPLY

EXTRACT FROM 31ST SCOVA AGENDA ITEMS SUBJECT PLACED FOR REPLY oAuthorisation of Doctors of Railway Health Units for referral to empanelled private hospitals:- Railway Board vide its orders NO.2018/Trans Cell/Health/Medicalissues dated 24-1-2019has decided that the Railway Beneficiaries may be referred by two doctors for treatment, & Investigation to private empanelled and other Government Hospitals, This hasleftoutthe Single Doctor Health Units in cities like Chandigarh as 'not being authorised to refer the cases to Empanelledspecialized Hospitals and thus compelling the Railway Beneficiaries to travel long distances fromsuch cities, towns & areas which have “Single” Doctor Health Units to reach out to the two authorizedDoctors to get a referral for an ailing patient. The hardship thus continues for majority of Old age patients to get the requisite treatment. It is requested that in such cases, the Single Doctor of Railway Health Units may be authorized to refer the RELHS be…

Fixation of pension and working out notional pay of pre 1996 retirees-BPS writes

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Running Staff revision of pension of pre-2016

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Fixation of pensions of pre 1996 retirees: pension/family pension will not be less than 50% and 30% respectively of the upgraded scale. OM No. 38/86/03-P&PW (A) dt : 08.02.2005

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Secy genl visit to Directorate of P & PW

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Review of FR 56(a)

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Delhi high court judgement

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