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
via IFTTT

Comments

Popular posts from this blog

How to Establish a Good Relationship and Where to Use It

12 New Fund Offers open for subscription