The Union government has defended the pro-rata method for PF pension calculation in Parliament, backtracking from earlier ...

Many employee organizations want the government to merge DA and DR with the basic salary. Minister of State for Finance Pankaj Chaudhary provided this information in the Lok Sabha. However, the ...

In a written reply in Lok Sabha, the government clarified that there is no proposal regarding the merger of existing DA with ...

The government is expected to legislate before Christmas to restrict the national insurance exemption on employee pension contributions made via salary sacrifice, according to the Financial Times.

Govt is committed to ensuring maximum benefits for workers under EPS-95, duly taking into consideration the health of the ...

Half of retired Chicago pensioners make more than average working Illinoisans, but nearly 30,000 teachers won’t be eligible ...

However, expectations around the fitment factor remain high. The fitment factor determines how employees’ basic pay and ...

Introducing a salary sacrifice relief cap limits the options for pension savers. However, there are steps you can take to ...

The dust is now starting to settle on what must have been the most widely-trailed UK Budget on record and the likely impact ...

The Centre has issued a key clarification on DA–basic pay merger demands even as work on the 8th Pay Commission gathers pace.

Colorado is pouring more money into its public schools even as the system serves fewer students and teacher pay continues to ...

Minister of State for Finance Pankaj Chaudhary informed Lok Sabha on Monday that the government is not examining any DA and ...