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Centre Clears Terms for 8th Central Pay Commission Why in the News ? The Union Cabinet has approved the Terms of Reference (ToR) for the Eighth Central Pay Commission (CPC), chaired by Justice Ranjana Prakash Desai (retd.), which will recommend changes to the salaries and pensions of Union government employees within 18 months, taking into …
Read MoreWhy in the news? The General Provident Fund (GPF) highlights its benefits, flexibility, and role in ensuring financial security for government employees, as its features are being revisited for enhanced awareness. About General Provident Fund (GPF): The General Provident Fund (GPF) is a retirement savings scheme launched in 1960 exclusively for government employees in India. …
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