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Central Government Employees

Pension Budget 2024 Expectations: FM May Offer Guarantee Under NPS; Central Government Employees Likely to Get 50% of Last Pay Drawn as Pension

Article ArdorComm Media Group Pension Budget 2024 Expectations: FM May Offer Guarantee Under NPS; Central Government Employees Likely to Get 50% of Last Pay Drawn as Pension

The government plans to provide 50% of the final pay drawn as pension for central government employees enrolled in the National Pension System (NPS). This effort addresses their worries about the pension payout, even though the current scheme offers attractive returns for those who remain invested for 25-30 years, especially for those recruited after 2004, …

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Central Government Employees Anticipate 3% DA Hike as Inflation Soars

News on HR 29th Aug 2023 ArdorComm Media Group Central Government Employees Anticipate 3% DA Hike as Inflation Soars

In the latest developments, a significant number of central government employees are eagerly awaiting the forthcoming Dearness Allowance (DA) hike. According to recent data and reports, there is a strong likelihood that the government will announce a 3 percent increase in the current DA rate, which currently stands at 42 percent. The surge in retail …

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