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The Ministry of Personnel, Public Grievances and Pensions is a ministry of the Government of India in personnel matters specially issues concerning recruitment, training, career development, staff welfare as well as the post-retirement dispensation. The ministry is also concerned with the process of responsive people-oriented modern administration.
The Employees' Pension Scheme (EPS) has been controlled by the EPFO since 1995. The main advantage of this scheme is to provide social security to PF members. Under this scheme, employees working in the organised sector can gain pension benefit after reaching age 58. This EPS applies to new and existing members.
The State Police Services (SPS) is an umbrella term for police services under different state governments in India. In India, police is a state subject and each state has its own police service. For example, Maharashtra Police Service (MPS) for Maharashtra Police or Provincial Police Service (PPS) for Uttar Pradesh Police . [ 1 ]
The Union Parliament passed the IPRDA Interim Pension Fund Regulatory & Development Authority Bill in February 2003 as a Budget Announcement, approved by the then President of India, Dr. APJ Abdul Kalam. It was meant to be in place until the final and fool-proof system was prepared, re-approved, and implemented in a way acceptable to all ...
The Pension Parishad – an initiative to ensure universal pension to all workers in India – has been demanding that the Government of India establish a "non-contributory and universal old age pension system with a minimum amount of monthly pension not less than 50% of the minimum wage or ₹ 2,000 (US$23), whichever is higher." [51]
The unified pension system is a pension system for civil servants in India, that replaces the defined-benefit, unfunded, Old Pension Scheme. In the unified pension system, a civil servant contributes 10% of their salary while the government contributes 18% each month on their behalf.
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
National Recruitment Agency [1] is a Central Recruitment Agency established by the Government of India, that will conduct a Common Eligibility Test (CET) [2] for selection to all of the Group C and Group D employee posts in all central government establishments which includes all of the central public sector undertakings and all of the central autonomous bodies. [3]