Commutation of pension is an important option for government employees, where a portion of the pension can be withdrawn in lump sum at the time of retirement. So, learn how to get the full pension ...

The All India Trade Union Congress (AITUC) has demanded that the revision of pay scales, pension, allowances and other benefits should take effect from January 1, 2026, since the pay revision is ...

From the blog: Most pension schemes are considering derisking and most of those are considering trivial commutation. Why? Probably because it seems like the pension scheme equivalent of decluttering – ...

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 ...

Some still remain though and the Division 296 tax legislation (if passed) will introduce some new problems – annual ...