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 ...

On the go: Pension scheme actuaries are being called to improve the quality of the advice they are giving trustees on commutation rates, after a review of their work by the Institute and Faculty of ...

The Income Tax Department has released a new brochure which mentions all the benefits under the Income Tax Act, 1961 which retired employees, both private and public sector, can avail. This brochure ...

New Delhi: Retired government employees and current staff are hopeful that the 8th Pay Commission will recommend significant changes to the pension commutation rules. One of the key proposals is to ...