FLASH NEWS:

GDS Pension Proposal (Annuity Scheme recommended by Natarajamurthy Committee)

cleared by Finance Ministry. It will take some more time to get permission from PFRDA. After that option will be called for from all GDS whether willing to remain in the Severance Amount Scheme or the NEW ANNUITY SCHEME. It is likely t o be implemented from 01-01-2011. NFPE is making all out efforts to get the Scheme implemented soon.

Posted by: Abdul Rahiman T.P, Secretary ,PIII.