CENTRAL GOVERNMENT EMPLOYEES NEWS

  • Holidays
  • CSD Price
  • Pay Matrix
  • Expected DA

Expected DA Jan 2020 Calculator for CG Employees
Expected Bank DA Calculator 2020 for Bank Employees and Officers
Expected CPSE IDA Jan 2020 Calculator

DA from January 2021 – Expectation and Calculation
AICPIN for the month of August 2020

Extension of time-line upto 31st March, 2016 for Government Co-contribution under the Atal Pension Yojana (APY)

January 20, 2016

Extension of time-line upto 31st March, 2016 for Government Co-contribution under the Atal Pension Yojana (APY)

To address the longevity risks among the workers in unorganised sector and to encourage the workers in unorganised sector to voluntarily save for their retirement, the Government had launched a new initiative called Atal Pension Yojana (APY) with effect from 1st June, 2015. Under the APY, the Central Government’s co-contribution of 50% of the subscriber’s contribution upto Rs. 1000 per annum, was available to each eligible subscriber, for a period of 5 years, i.e. from 2015-16 to 2019-20, who join APY before 31st December, 2015.

After careful consideration of feedback received from various quarters, the Government has decided that the co-contribution by the Central Government of 50% of the total prescribed contribution upto Rs. 1,000 per annum, will be available for those eligible subscribers, who join APY before 31st March, 2016. This measure is likely to benefit substantial number of people who have not been able to join APY and therefore have failed to avail the benefit of co-contribution by the Government till 31st December, 2015.

Source : PIB

Also read this...

  • PFRDA seeks the support of State Governments for Atal Pension Yojana for a wider reach
  • Minutes of the Pre Retirement counseling workshop held on 31st May, 2016 at Vigyam Bhawan under the chairmanship of Secretary (Pension)
  • Deletion of unmatched Subscriber Contribution Files (SCFs) in CRA system after 10 days of SCF upload
  • Subscriber details of CG Employees under National Pension System as on 3.10.2015
  • Extension of tenure of officers working as CVO in CPSEs and other organizations under Ministries/Departments beyond 5 years and upto 7 years
  • CBDT Extended the due date of filing return of income for AY 2015-16 from 31st July 2015 to 31st August 2015
  • Clean up the employees’ pension scheme
  • Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme
  • Casual labourers with temporary status — clarification regarding contribution of GPF and Pension under the Old Pension Scheme
  • Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Copyright © 2021 www.cgemployeesnews.in