The Rexam Pension Plan has carried out a trivial commutation exercise, contributing towards a reduction in total membership as defined benefit schemes are trying to reduce costs. Trivial commutation ...

From the blog: Most pension schemes are considering derisking and most of those are considering trivial commutation. Why? Probably because it seems like the pension scheme equivalent of decluttering – ...

PPO, Gratuity Payment order, Commutation Payment order and Form-16 documents of SAMPANN are hosted on Digilocker.

New Delhi: The central government employees have long called for commuted pensions to be reinstated. Employee organizations want the government to shorten the commutation pension period to 12 years as ...

Kolkata: Protests against centralised pension disbursement via DPPG spread across state-aided universities, with about 200 Presidency University staff.

The Punjab and Haryana High Court ruled Punjab unfairly increased pension commutation rates during a financial crisis, impacting retirees. The court ordered recalculation of benefits and refunds for ...