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Articles for Retirees, search results for pensions

Millions to Get Bigger Social Security Checks If Biden Signs New Bill
2 days, 4 hours ago

Millions to Get Bigger Social Security Checks If Biden Signs New Bill

Live Mint  

Millions of Americans may see their Social Security benefits increase under a bill headed to President Joe Biden’s desk — though critics warn that the measure comes at the cost of pushing the fund further toward insolvency. If signed by the president before the new Congress convenes on Jan. 3, the law would boost Social Security payments to more than …

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Deadline Alert! Pensioners must submit life certificates by November 30
1 month, 1 week ago

Deadline Alert! Pensioners must submit life certificates by November 30

Live Mint  

To continue receiving pensions, all central and state government pensioners must submit their life certificates every year by the end of November. Requirements for submission of Life Certificate PPO Number -Adhaar number -Details of the bank account -Aadhaar-linked mobile number Last day to submit theAnnual Life Certificate Pensioners who are 80 years of age or older may begin submitting their …

Digital Pensioners Submit Life Certificates
New pension platform to ease payouts: Minister
1 month, 1 week ago

New pension platform to ease payouts: Minister

Hindustan Times  

The labour ministry will switch to a centralised pension-payment system from 2025, allowing retirees to receive monthly payouts from any bank or its branches in any location throughout the country, for which a large-scale test run was recently carried out. Mansukh Mandaviya The new platform for subscribers of the Employees’ Provident Fund Organisation, the state-run retirement fund manager, is aimed …

Pension System Epfo
Reported £400 pensions boost ‘cold comfort’ for retirees struggling this winter
3 months, 2 weeks ago

Reported £400 pensions boost ‘cold comfort’ for retirees struggling this winter

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Jon Greer, head of retirement policy at wealth manager …

Policy Winter Pension Income Tax Pensioners State Increase
Democrats put a spotlight on more than 1 million pensions saved under a 2021 law
6 months ago

Democrats put a spotlight on more than 1 million pensions saved under a 2021 law

Associated Press  

WASHINGTON — As the general election nears, Democrats are keen to remind union voters in Pennsylvania that pensions for many workers have been preserved as part of a coronavirus pandemic-era aid package that keeps on giving. As of Friday, the White House said, more than 1 million union workers and retirees’ pensions will have been saved by the Butch Lewis …

Benefits Pension Pennsylvania Workers Democrats Democrat Biden
Pennsylvania House OKs $1.8 billion pension boost for government and public school retirees
1 year, 1 month ago

Pennsylvania House OKs $1.8 billion pension boost for government and public school retirees

Associated Press  

HARRISBURG, Pa. — Democrats who control the state House of Representatives on Tuesday advanced an estimated $1.8 billion boost to the pensions of Pennsylvania state government and public school retirees, while some Republicans said taxpayers will unfairly shoulder the financial burden. The state’s teacher’s union hailed the legislation as “long overdue.” The bill’s sponsor, Rep. Steve Malagari, D-Montgomery, said during …

School Pension Pennsylvania State House Democrat Public
Relief for 80 more retirees as CAT stays PGIMER’s decision to reduce their pension
1 year, 6 months ago

Relief for 80 more retirees as CAT stays PGIMER’s decision to reduce their pension

Hindustan Times  

The Central Administrative Tribunal on Wednesday stayed the decision of PGIMER, Chandigarh, to reduce the pension of 80 retirees by applying the Punjab Civil Service Pension Rules. After enquiries by the applicants, it was informed verbally that their pension had been re-fixed from January 1, 2016, under the Punjab Civil Service Pension Rules, but no reason or document was provided, …

Pension Rules Cat Retirees Pgimer
Chandigarh: PGI retirees to move court against pension reduction
1 year, 6 months ago

Chandigarh: PGI retirees to move court against pension reduction

Hindustan Times  

A group of over 80 retirees from the Post Graduate Institute of Medical Education and Research are planning to move to court for relief after a reduction in their pensions. Although the pensions of five petitioners were initially reduced by PGIMER, they were paid the difference after presenting the court orders to PGIMER director. PGI Employees Union general secretary Ashwani …

Pension Rules Cat Pensions Retirees Pgimer Pcs
Give an opportunity to pre-2014 retirees to avail of higher PF pensions: Kerala MP
1 year, 7 months ago

Give an opportunity to pre-2014 retirees to avail of higher PF pensions: Kerala MP

The Hindu  

The demand to provide an opportunity to those pensioners who came under the Employees’ Pension Scheme of the Employees’ Provident Fund Organisation and retired prior to September 1, 2014, without exercising the joint option to avail themselves of higher PF pensions, has been renewed by John Brittas, Member of Parliament from Kerala. In a seven-page letter sent to the Union …

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Rejected by courts, retirees take last shot to save pensions
2 years, 4 months ago

Rejected by courts, retirees take last shot to save pensions

Associated Press  

WASHINGTON — Dave Muffley thought he had it made when it came to a solid retirement. A 2013 inspector general’s report said that while the union workers had leverage “to prolong Delphi’s bankruptcy or strike, which GM believed would significantly impact its ability to survive, Delphi’s salaried retirees had no leverage, other than what they hoped would be political leverage.” …

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Rejected by courts, retirees take last shot to save pensions
2 years, 4 months ago

Rejected by courts, retirees take last shot to save pensions

Associated Press  

WASHINGTON — Dave Muffley thought he had it made when it came to a solid retirement. Presidential candidate Joe Biden said in September 2020 he would work to help restore Delphi workers’ retirement savings. When GM went through bankruptcy in June 2009 due to massive losses during the Great Recession, the company said it would not assume pension liabilities for …

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