Bharat Pensioners Samaj

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  To  Shri Narender Modi ji, The Honorable Prime Minister,  Government of India.   Subject: Request for Equitable Relief and Dignity in Pension Revision  Respected Prime Minister Sir, On behalf of Bharat Pensioners Samaj (BPS), representing millions of pensioners across our nation, we deeply acknowledge and respect your recent decision to revise salaries and pensions of MPs retrospectively to address rising inflation.  However, pensioners, too, have been severely affected by persistent inflation, significantly eroding  purchasing power and quality of life. Sir, we are deeply concerned by the recent amendment introduced in the Finance Bill, which threatens to deprive existing pensioners of the benefits provided by the Central Pay Commission (CPC). This amendment, on implementation, would severely harm the financial stability and dignity of existing  pensioners nationwide. & will  remind us of the British colonia era of past when dign...

  There is no change in pension rules, says Sitharaman ENS ECONOMIC BUREAU @ New Delhi Finance Minister Nirmala Sitharaman, during her reply on the Finance Bill, 2025, and the Appropriation (No 3) Bill, 2025, in the Rajya Sabha, clarified that the recent amendments to pension rules are only a validation of existing policies and do not alter benefits for civil or defense pensioners. She clarified that the 6th Central Pay Commission (CPC) had introduced a distinction between pensioners based on the January 1, 2006, cutoff, which was upheld by the Congress-led UPA government. However, the 7th CPC has since ensured parity between pre-2016 and post-2016 retirees. The upcoming 8th CPC, approved by Prime Minister Narendra Modi in January 2025, is expected to further revise salaries and benefits for government employees and pensioners. She highlighted the government’s commitment to tax relief, saying that the new income tax threshold has been set at ₹12 lakh, ensuring that middle-class...

FM Nirmala Sitharaman Clarifies Pension Validation Rules: No Change In Existing Benefits Curated By : Saurabh Verma News18.com Last Updated: March 28, 2025, 13:50 IST Speaking in Rajya Sabha, the Finance Minister said all Central government pensioners who had retired before January 1, 2016 are receiving pension at par with employees who retired after January 1, 2016 Finance Minister Nirmala Sitharaman on Thursday clarified that there will be no change in pension for defence as well as central government pensioners due to the validation of existing rules. On pension parity, she said all central government pensioners who had retired before January 1, 2016, are receiving pension at par with employees who retired after January 1, 2016. The legislation regarding the Validation of the Central Pay Commission (Pension) Rules and Principles for expenditure on Pension liabilities from the Consolidated Fund of India was passed in Lok Sabha on Tuesday as part of the Finance Bill, 2025. Th...

  PART IV of the Finance Bill Validation of the Central Civil Services (Pension) Rules and Principles for Expenditure on Pension Liabilities from the Consolidated Fund of India Whereas article 309 of the Constitution provides that, subject to the provisions of the Constitution, Acts of the appropriate Legislature may regulate the recruitment and conditions of service of persons appointed to public services and posts in connection with the affairs of the Union. And whereas the recruitment and the conditions of service of persons appointed to public services and posts in connection with the affairs of the Union are governed by rules made under the proviso to article 309 of the Constitution; And whereas the pension of the Central Government employees was governed by the Central Civil Services (Pension) Rules, 1972, which was subsequently replaced by the Central Civil Services (Pension) Rules, 2021 and the Central Civil Services (Extraordinary Pension) Rules, 2023 (hereinafter in t...

  Major Changes in Government Employees' Pension: New Rules Effective from April 1 1d  •  2 min read In this article UPS ▼ ‎-5.05%‎ Major Changes in Government Employees' Pension: New Rules Effective from April 1 Unified Pension Scheme: A Revolutionary Change for Government Employees The Unified Pension Scheme (UPS) is set to bring a significant transformation in the retirement benefits of government employees. With guaranteed pensions post-retirement, this scheme aims to enhance financial stability for employees who have served for 25 years or more and seek a secured income after retirement. designrr.io Designrr Login - Login Details Designrr - Access the Designrr Login Here Ad Who is Eligible for This Pension Scheme? The benefits of the Unified Pension Scheme (UPS) will be available to government employees who are in service as of April 1, 2025, and are already covered under the National Pension System (NPS). Additionally, employees joining central government services a...

  Read more at: http://timesofindia.indiatimes.com/articleshow/119480865.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cp ps Read more at: http://timesofindia.indiatimes.com/articleshow/119480865.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

  UNIFIED PENSION SCHEME – Whether the UPS will resolve identified the problems of NPS? Lok Sabha Unstarred Question No. 3681 answered on 24.03.2025 GOVERNMENT OF I MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA UNSTARRED QUESTION NO. 3681 ANSWERED ON MONDAY, 24 MARCH, 2025/ CHAITRA 3, 1947 (SAKA) IMPLEMENATION OF UNIFIED PENSION SCHEME †3681. Shri Dharmendra Yadav Will the Minister of Finance be pleased to state: (a) the timeline for full implementation of Unified Pension Scheme (UPS) and the manner in which it is likely to impact the existing New Pension Scheme (NPS) Subscribers; (b) the likely long-term financial viability for UPS in comparison to NPS for the Government; (c) the difference between investment flexibility in NPS an (d) whether the Government has identified the problems of NPS and if so, the details thereof; and (e) whether the UPS will resolve the above problems, if so, the details thereof? ANSWER MINISTER OF STATE FOR FINANCE (SHRI PANKAJ CHAUDHAR...

 New Delhi: A day after it notified a 24% salary hike for members of parliament, the Indian government defended the move as a structured adjustment rather than a discretionary decision. In a statement on Tuesday the government said the revision, effective 1 April 2023, was based on a mechanism introduced in 2018 that linked MPs' salaries to inflation with the aim of preventing arbitrary increases. The Ministry of Parliamentary Affairs notification, issued on 24 March, raised MPs’ monthly salaries from ₹1 lakh to ₹1.24 lakh. The government's statement emphasised that the revision was aligned with the cost inflation index (CII) under the Income Tax Act, ensuring automatic salary adjustments every five years. Also read:  India’s US trade deal at risk without fast-track authority: GTRI The system was introduced after Prime Minister Narendra Modi opposed MPs deciding their own pay in 2016 and suggested linking it to structured criteria, similar to pay commissions, the sta...