Wednesday, December 29, 2010

Pension Rules for Employees of PSUs, Gratuity ceiling raised

Department of Public Enterprises (DPE) has issued orders which, inter alia, provide pension scheme within 30% ceiling of Basic Pay and DA. The Pension Scheme is to be framed and operated by the Central Public Sector Enterprises (CPSEs).

DPE has issued orders enhancing Gratuity to Rs. 10 lakh in respect of CPSEs employees. 


Source : PIB
at

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