central govt pension Archives

8th Pay Commission Fitment Factor Estimates: Are you retiring as Level 2, 5, 7, 9, or 10 employee? Here’s how your pension may be revised at 1.92, 2.57 and 2.86 fitment factors

DainikNews Live Admin7 months ago04 mins

8th Pay Commission Fitment Factor Estimates: The 8th Pay Commission brings hopes for a lot of central government pensioners as their basic pay is set to be revised once 8th CPC recommendations are implemented. If you are an employee who is just about to retire or you are a pensioner, the payout may be revised…

8th Pay Commission Pension Calculations: Is your pension Rs 25,000, Rs 40,000, Rs 55,000 or Rs 75,000 ? Here’s how it may be revised at 1.92, 2.0, 2.28 and 2.57 fitment factors

DainikNews Live Admin8 months ago02 mins

8th Pay Commission Pension Calculations: The 8th Pay Commission is yet to be formed. Once it is established, prepares a report, and gets it approved by the government, pensioners will start getting increased payouts. The revised pension amounts will be decided on the basis of the fitment factor, the multiplier for the salary revision. In…

UPS Pension Calculations: Rs 35,000 basic pay at 28 years of age? Know what can be your pension, lump sum payout in UPS

DainikNews Live Admin8 months ago04 mins

UPS Pension Calculations: Central government employees had National Pension System (NPS) as their default setting for the pension scheme. But they can now select Unified Pension Scheme (UPS) also. If they are already in NPS, they can also switch to UPS. Pensioners getting their payout under NPS can also switch to UPS. Unlike NPS, which…