The Rexam Pension Plan has carried out a trivial commutation exercise, contributing towards a reduction in total membership as defined benefit schemes are trying to reduce costs. Trivial commutation ...
8th Pay Commission News: Central government employees and retirees are expecting a big relief on the pension commutation front under the 8th Pay Commission, which is expected to come out with its ...
The National Council (Staff Side) of the Joint Consultative Machinery (JCM) — the body that speaks for lakhs of central government employees — has written a letter to Prime Minister Narendra Modi, ...
The IBM Pension Trust has updated its cash commutation factors, offering transferring members across its schemes higher lump sums when exchanging part of their defined benefit entitlements. As DB ...
The Punjab and Haryana High Court ruled Punjab unfairly increased pension commutation rates during a financial crisis, ...