On retirement, if the employee opts for commutation of pension, a portion is paid as a lump sum based on the commutation factor while on the balance the pension begins. If you are a pensioner and had ...
DoPPW clarifies payment of DR after commutation of pension and the amount of pension to be considered for commutation. Representational image 7th pay commission latest news today: In a relief to ...
The labour ministry has implemented retirement fund body EPFO's decision to restore pension commutation under the Employees' Pension Scheme, a move that will benefit 6.3 lakh pensioners. Pension ...
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