PDA

View Full Version : What happens if pension, gratuity payment is delayed due to administrative reasons?



IndiaInsurance
24th February 2022, 02:08 PM
https://img.etimg.com/photo/89792753.cms (https://economictimes.indiatimes.com/wealth/save/what-happens-if-pension-gratuity-payment-is-delayed-due-to-administrative-reasons/articleshow/89792753.cms)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.

More... (https://economictimes.indiatimes.com/wealth/save/what-happens-if-pension-gratuity-payment-is-delayed-due-to-administrative-reasons/articleshow/89792753.cms)