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Thursday, August 23, 2012

Correcting Anomalies in Sixth Central Pay Commission

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Press Information Bureau 
Government of India
Ministry of Defence 

22-August-2012 13:38 IST

Correcting Anomalies in Sixth Central Pay Commission

Recommendations of the Sixth Central Pay Commission and several improvements made thereon by the Government have been largely well received by the armed forces personnel including ex-servicemen. Some issues regarding service conditions, pay, pension and allowances have subsequently been received. These issues are examined by the Government on case to case basis.

In the matter relating to retirement benefits, an Anomaly Committee was set up under the Chairmanship of Secretary (Defence/Finance). This Committee identified some anomalies which have since been addressed to by the Government. 

Retirement Age of High Court Judges

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Ministry of Law & Justice

Retirement Age of High Court Judges

The Constitution (One Hundred and Fourteenth Amendment ) Bill, 2010 provides to increase the retirement age of Judges of High Courts from 62 to 65 i.e. at par with the retirement age of Judges of the Supreme Court. Giving this information in written reply to a question in the Lok Sabha, Shri Salman Khurshid, Minister of Law & Justice, said that the Bill was taken up for discussion in the Lok Sabha on 28.12.2011. However, the discussion has remained inconclusive due to adjournment of the Winter Session.

Contribution Towards Employee’s Pension Fund

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Press Information Bureau 
Government of India
Ministry of Labour & Employment 

22-August-2012 16:42 IST


Contribution Towards Employee’s Pension Fund

An amount of Rs. 14,767.47 crore (as per unaudited Balance Sheet of 2011-12) has been received as contribution in Employees’ Pension Fund for the financial year ending on 31.3.2012. 

An amount of Rs. 1,62,980.04 crore is balance in Employees’ Pension Fund Contribution Account as on 31.3.2012. 

The whole amount of Employees’ Pension Fund stands invested. Rs. 57,087.01 crores is invested in Public Account and balance is invested in securities. 



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