The Punjab Government decided to restore the old pension scheme for its employees. Chief Minister Bhagwant Mann announced that the government has decided to implement the old pension scheme as a Diwali gift for its employees. The decision was taken as an in-principle decision to the effect of the cabinet meeting. The decision aims to benefit lakhs of employees.
Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks
The old pension scheme of the government referred to as the Defined Benefit Pension System (DBPS) based on the last pay drawn by the employee. The New Pension Scheme is referred to as the Defined Contribution Pension System (DCPS), in which the employer and employee contribution to build a pension wealth payable at the time of retirement by way of annuity withdrawal as per norms.
On World Wildlife Day (3 March 2026), the Indian Army and the Ladakh Forest Department…
To Strengthen India’s maritime and air defense capabilities, the Ministry of Defense on March 03,…
India’s flagship Geo Politics and Geo Economics conference the Raisina Dialogue 2026 which will be…
Did you know that Holi is not celebrated in the same way across India? While…
Did you know that many countries around the world celebrate festivals filled with colors, water,…
Did you know that the festival of colors is not celebrated only in one country?…