Employees’ Pension (Amendment) Scheme, 2024: Ministry of Labour & Employment Notification dated 14.06.2024 in Table B regarding factor for computation of past service benefit under the ceased Family Pension Scheme for existing members on exit from the employment.

-

 Employees’ Pension (Amendment) Scheme, 2024: Ministry of Labour & Employment Notification dated 14.06.2024 in Table B regarding factor for computation of past service benefit under the ceased Family Pension Scheme for existing members on exit from the employment.

MINISTRY OF LABOUR AND EMPLOYMENT

NOTIFICATION

New Delhi, the 14th June, 2024

G.S.R. 325(E).—In exercise of powers conferred by Section 6A read with sub-section (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Pension Scheme, 1995, namely:-

1. Short title and commencement.— (1) This Scheme may be called the Employees’ Pension (Amendment) Scheme, 2024.

(2) This notification shall come into force from the date of its publication in the Official Gazette.

2. In the Employees’ Pension Scheme, 1995, in the ‘Table B’, after the entry “less than 34” in column (1) and the corresponding entry “13.173” in column (2), the following shall be inserted, namely:—

YEARSFACTOR
(1)(2)
“Less than 3514.2271
Less than 3615.36555
Less than 3716.59509
Less than 3817.92303
Less than 3919.35722
Less than 4020.90618
Less than 4122.57909
Less than 4224.38586”

[F. No. S-65015/01/2023-SS-II]
ALOK MISHRA, Jt. Secy.

Note: The Employees’ Pension Scheme, 1995 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide notification number G.S.R. 748(E) dated the 16th November, 1995 and was last amended vide notification number S.O. 2061 (E) dated the 3rd May, 2023.

Explanation: TABLE – B (See Paragraphs 12 and 14) (FACTOR FOR COMPUTATION OF PAST SERVICE BENEFIT UNDER THE CEASED FAMILY PENSION SCHEME FOR EXISTING MEMBERS ON EXIT FROM THE EMPLOYMENT)

View/Download the PDF 

 

Comments

Post a Comment

Popular posts from this blog

GREAT HOPE : Grant of notional increment to govt servants Superanuated on 30th june or 31st December-reg dated 26th June 2023

-
Image
  Grant of notional increment to Govt servants superannuated on 30th June or 31st December – Further action will be taken on completion of the consultation process: DoP&T 19/1/2023PersPolicy[Pay(Promotion)] 1/3026765/2023 19/1/2023 Pers Policy [Pay (Promotion)] Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel & Training North Block, New Delhi Dated June, 2023 To Shri Ramsahay Vijay Email: rsvijayvargia[at]gmail.com Subject: Grant of notional increment to Govt servants superannuated on 30th June or 31st December-reg Sir, I am directed to refer to your email dated 06.06.2023 in the matter involving grant of notional increment to the Central Government employees who superannuated on 30th June or 31st December in light of the Order of Hon’ble Supreme Court dated 11.04.2023 in the case of KPTCL v/s C.P. Mundinmanian and dismissal of SLP No.4722/2021 filed by UOI in order dated 19.05.2023. 2. In this regard it is informed that action i
Read more

Approval of the Government of India for extending the benefits of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) to all senior citizens aged 70 years and above.National Health Authority L.S. CHANGSAN (I.A.S.) Chief Executive Officer D. O. No. S-12018/395/2022-NHA 20th September, 2024

-
Image
  National Health Authority This is to inform you of the approval of the Government of India for extending the benefits of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) to all senior citizens aged 70 years and above. 2. Salient features of the approval are as below: a. The benefits of AB PM-JAY would now be available to all senior citizens of the age 70 years and above irrespective of their socio-economic status. These benefits will be available to senior citizens of 70 years and above in families already covered under AB PM-JAY (hereinafter referred to as ‘existing families’), as well as in families which are not covered under the AB PM-JAY, (hereinafter referred to as ‘new families’). b. The only eligibility criteria for availing benefits under the scheme would be attainment of age of 70 years or above by the individual. This would be determined on the basis of age recorded in Aadhaar. As per prevailing practice, Aadhaar would be the only document requi
Read more