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Performance of Pension Fund Managers - New Pension Scheme

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Performance of Pension Fund Managers, managing funds of Government Employees,was reviewed by the New Pension System Trust (NPST). The weighted average return as on 30/09/09, as reported by the Pension Fund Managers (un-audited figures),is as under:- Weighted Average Return as on 30/09/09 (MTM Basis)

Name of Company ------------------Return%

LIC Pension Fund Ltd. ------------10.57 (29%)

SBI Pension Fund Pvt. Ltd. -------13.41 (40%)

UTI Retirement Solution Ltd. -----12.73 (31%)

Weighted Average Return 12.3756%

Health insurance scheme for govt employees on anvil

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The government has formulated a scheme that will allow its employees to choose between a health insurance plan provided by an insurer or that from state-run Central Government Health Scheme (CGHS).

At present, the Central government employees are covered under the CHGS scheme, being operated by the health ministry.

"The scheme is already formulated...It will open the choice for government servants," G C Chaturvedi, Additional Secretary in the Finance Ministry told news agency.

The new scheme, which will be placed before the Union Cabinet for approval soon, will immediately benefit at least three lakh Central government employees, he said.

The new scheme, Chaturvedi said, will be more beneficial to the employees who are posted at places where there are no CGHS dispensaries or they are far away from the place of posting.

CGHS dispensaries and hospitals are located only in 26 places in the country.

"Those who are residing outside CGHS dispensaries areas will immediately opt for it... There are over three lakh employees which will immediately opt for it, others will take some time," Chaturvedi said.

The government had earlier appointed a inter-ministerial committee to work out a health insurance scheme to supplement the CGHS scheme to provide better coverage to its employees.

Result for CDS Exam ( I ) -2009 announced

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The UPSC has announced the results of the Combined Defence Services Examination (I)-2009 held by the Services Selection Board of the Ministry of Defence for admission to the 128th Course of Indian Military Academy, Dehradun, Naval Academy, Ezhimala, Kerala and Air Force Academy, Hyderabad (Pre-Flying) Training Course i.e. 187th F(P) Course.

The number of vacancies, as intimated by the Government is 250 for Indian Military Academy [including 32 vacancies reserved for NCC ‘C’ Certificate (Army Wing) holders], 40 for Naval Academy, Ezhimala, Kerala [(2 for Hydra/38 for General Service) (including 6 vacancies reserved for NCC ‘C’ Certificate (Naval Wing) holders] and 32 for Air Force Academy, Hyderabad. There are some common candidates in the lists for various courses/wings.

The candidature of all the candidates is provisional. Candidates are required to submit the original certificates in support of age, educational qualification, alongwith Photostat attested copies thereof of Army/Naval/Air Headquarters, as per their first choice.

UPSC has a “Facilitation Counter” in its campus where Candidates can obtain any information / clarification regarding their examinations / recruitments during working hours in person or over telephone Nos. 23385271 / 23381125 / 23098543. Result, in order of merit, is available on PIB website i.e www.pib.nic.in and also on the U.P.S.C. website i.e. www.upsc.gov.in.


Women’s day Celebrated by Railway Women’s Welfare Central Organization (RWWCO)

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Railway Women’s Welfare Central Organization (RWWCO) organized its women’s day here today. Speaking on the occasion, Minister of State for Railways Sh. E. Ahamed said that RWWCO has always risen to the call of the society and the nation to undertake activities of social service and welfare of mankind. Minister of State for Railways Sh. K.H.Muniyappa has called upon the members of the Railways Women ‘s Welfare Central Organization (RWWCO) to continue to work for the welfare of the society. He said that such organizations should be encouraged in their noble efforts for making the world a better place to live. Member Mechanical, Railway Board Sh. Praveen Kumar was also specially present on the occasion. Smt Arvinder Kaur Khurana, President, RWWCO was also present on the occasion.

During the function 34 outstanding women Railway employees were awarded. 15 talented children from the Indian Railways were given prizes for winning in the All India Drawing & Paining competition-2008. In addition 15 children received prizes for winning the Drawing & Painting Competition organized in Railway Board’s office. 15 children also got prizes for the Essay Competition organized in Railway Board office.

In 1986, RWWCO decided to organize Women’s Day on 19th November every year to commemorate the birthday of late Prime Minister Smt. Indira Gandhi.

Railway Women’s Welfare Central Organization (RWWCO) is the apex body of the chain of women’s welfare organizations spread over all Indian Railways engaged in the task of welfare of railway men and their families through various need-based socio/welfare activities. While the primary concern of the Organization is the welfare of Railway employees and their families, it has always risen to the call of the society and the nation- be it environmental awareness, family welfare drives, disturbances on the borders or the natural calamities. It is one of the fore-runner voluntary Organizations in the country today. Among all its activities RWWCO pays particular attention on betterment of womenfolk of vast railways family and their children.

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