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The first governing body consisted of 5 members, and was headed by chairman K P Sreedhara Kaymal. The staff of the erstwhile Department of Electricity of the Thiru-Kochi state were transferred to the KSEB. At the time of its inception, in 1958, the KSEB had an installed capacity of 109.5 MW, with a total annual internal generation of 441.35 MU.
It also administers various welfare schemes for central government pensioners, i.e., redressal for Pensioners' grievances through CPENGRAM, an online pension sanction module for civil pensioners "Bhavishya", Sankalp, etc., under the umbrella of Pensioners' Portal. However, the pensioners of Ministries of Railways and Defence are governed by ...
Repealed from 1 January 2004, it had a defined-benefit (DB) pension of half the Last Pay Drawn (LPD) at the time of retirement along with components like Dearness Allowances (DA) etc. OPS was an unfunded pension scheme financed on a pay-as-you-go (PAYG) basis in which current revenues of the government funded the pension benefit for its retired ...
The Pension Parishad – an initiative to ensure universal pension to all workers in India – has been demanding that the Government of India establish a "non-contributory and universal old age pension system with a minimum amount of monthly pension not less than 50% of the minimum wage or ₹ 2,000 (US$23), whichever is higher." [51]
The EPFO's top decision-making body is the Central Board of Trustees (CBT), [2] [3] a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions (EPF&MP) Act, 1952. [4] As of 2021, more than ₹ 15.6 lakh crore (US$209 billion) are under EPFO management.
Each MP is allocated Rs. 5 crore per year since 2011-12 which has been increased from Rs. 5 lakh in 1993-94 and Rs. 2 crore in 1998–99. MoSPI disburses funds to district authorities, not directly to MPs. This annual entitlement is released conditionally in two installments of Rs. 2.5 crore each.
From the 26th of August 1966, if a firefighter died, the FPS would pay out either a flat rate pension, or a third rate pension to an eligible widow. [144] The Police Pensions Regulations of 1966 empowered a police authority “to grant what is known as an augmented award to the widow of a police officer who lost his life as a result of an ...
S. Krishna Kumar (born 6 September 1939) is an Indian former IAS officer, technocrat, and politician from Kerala.He was a former leader of Indian National Congress in Kerala and joined the Bharatiya Janata Party on 20 April 2019.