Fact-Check: A viral post falsely states that the Supreme Court has issued direction to reduce the recovery period for pension commutation to 10 years and 8 months, from the current period of 15 years.

Punjab and Haryana HC provided relief restricted to the petitioners, without quashing the 2003 govt circular on pension ...

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 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 ...

Petitioners say that on July 29, 2003, the rate of interest was enhanced from 4.75% per annum to 8% due to which the amount ...

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 ...

Lawmakers have urged Pakistan Railways to introduce a sustainable pension system as rising liabilities strain its finances ...

New Delhi: The central government employees have long called for commuted pensions to be reinstated. Employee organizations want the government to shorten the commutation pension period to 12 years as ...

The National Assembly Standing Committee on Parliamentary Affairs on Wednesday urged Pakistan Railways to develop a ...

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 ...

PESHAWAR, Dec 24 (APP): The Wafaqi Mohtasib Secretariat Regional Office here has successfully resolved six pension commutation cases filed against Frontier Corps (North), Peshawar, restoring pensions ...

Discover how commutation agreements work, including methods to value claims and discharge reinsurance obligations, ensuring financial stability and risk management.