8th Pay Commission May Offer Commutation Relief: Panel Likely to Review 15-Year Deduction Rule for Pensioners
The upcoming 8th Central Pay Commission (CPC) could bring long-awaited relief to lakhs of central government pensioners, with the panel reportedly considering a proposal to reduce the commuted pension deduction period from 15 years to 12 years. This move, if approved, would mark a significant shift in India’s pension policy and offer enhanced financial security…