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 ...

Kingfisher Pension Scheme has said it is holding fire on a trivial commutation derisking drive to focus instead on data cleansing, while research shows 83 per cent of members would consider such a ...

Kolkata: Protests against centralised pension disbursement via DPPG spread across state-aided universities, with about 200 Presidency University staff.

New Delhi: The central government employees have long called for commuted pensions to be reinstated. Employee organizations want the government to shorten the commutation pension period to 12 years as ...

The Punjab and Haryana High Court ruled Punjab unfairly increased pension commutation rates during a financial crisis, impacting retirees. The court ordered recalculation of benefits and refunds for ...