8th Pay Commission : Increase in salaries and pensions of Govt. Employee

Greenlight given for 8th Pay Commission to increase salaries and pensions of over a crore central govt employees and retirees. Recommendations expected by 2025, with a 30-34% hike.

Pensioners to Access Pensions from Any Indian Bank Branch from January 2025

Pensioners under the Employees' Pension Scheme (EPS), 1995 can now receive their pensions from any bank branch in India starting on January 1, 2025, thanks to the approved Centralized Pension Payment System (CPPS).