Thursday, February 24, 2022

What happens if pension, gratuity payment is delayed due to administrative reasons?

If a Pension Payment Order (PPO) authorised pension is delayed due to administrative reasons or lapses, interest on arrears of pension, gratuity, and family pension will be paid at the same rate and in the same manner as interest on General Provident Fund amounts.

from Personal Finance News-Wealth-Economic Times https://ift.tt/We5DoEm

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