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Central Government News

ATAL PENSION YOJANA (APY) IS THE GUARANTEED PENSION SCHEME OF GOVERNMENT OF INDIA ADMINISTERED BY PFRDA

Ministry of Finance EASY TO EXPLAIN BENEFITS DRIVE ATAL PENSION YOJANA (APY) BACKED BY GOVERNMENT OF INDIA’S GUARANTEE;THE SUBSCRIBER BASE UNDER APY HAS CROSSED 1.24 CRORE MARK; MORE THAN 27 LACS NEW SUBSCRIBERS HAVE JOINED THE SCHEME DURING THE CURRENT FINANCIAL YEAR 2018-19 02 NOV 2018 The Atal Pension Yojana (APY) is the guaranteed Pension Scheme of Government of India administered by PFRDA. The Subscriber base under APY has crossed 1.24 crore mark. The Govt of India guarantees the pension benefits. The Scheme is very easy to understand and it is very transparent. More than 27 lacs new subscribers have joined the Scheme during the current financial year, i.e. 2018-19. States like Uttar Pradesh, Bihar, Andhra Pradesh, Maharashtra and Karnataka are the top contributors in APY enrollment. The Scheme allows any Indian Citizen between the age group of 18-40 years to join through the bank or post office branches where one has the savings bank account. The table below shows State ...

PROCEDURE FOR EXTENDING THE BENEFITS OF OLD GPF / PENSION SCHEME TO THOSE CASUAL WORKERS COVERED UNDER THE SCHEME OF 1993 AND REGULARIZED ON OR AFTER 01.01.2004

CPAO GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CENTRAL PENSION ACCOUNTING OFFICE TRIKOOT-II, BHIKAJI CAMA PLACE, NEW DELHI-110066 CPAO/IT&Tech/Clarificarion/P&PW/13 (Vol-III)/2018-19/68 13.07.2018 Office Memorandum Subject :  Procedure for extending the benefits of Old GPF / Pension Scheme to those casual workers covered under the Scheme of 1993 and regularized on or after 01.01.2004. It has been observed that the pension cases of casual labour who were regularized on or after 01.01.2004 and eligible for old GPF/Pension Scheme vide DOPT OM No.49014/2/2014-Estt(C) dated 28.07.2016 have not been processed by the concerned Ministries/Departments. In order to avoid the hardship to the pensioners all the Ministries/Departments/PAOs have been requested to finalise the pension cases of the pensioners after following the procedure below: 1) Deptt. may issue the order that the old GPF Scheme/ Pension Scheme is applicable to the concerned official...