Category: STATE GOVERNMENT
-
New Gratuity Rules 2025: Major Changes That Will Impact Millions of Workers – Complete Guide
The Indian government has implemented significant amendments to the Payment of Gratuity Act, 1972, effective in 2025. These changes will impact millions of salaried workers across the country, particularly those in non-traditional employment arrangements. The revised rules introduce stricter eligibility criteria and clearer definitions that could exclude several categories of workers from receiving gratuity benefits.…
-
Digital Security Best Practices for Government Officers: A Two-System Approach
In today’s digital age, government officers face unique security challenges that require a systematic approach to protect their identity and financial assets. This guide outlines a comprehensive two-system strategy that every government employee should consider implementing. The Two-Phone System Government officers should maintain two separate mobile devices, each serving a distinct purpose: Personal Device Your…
-
Important Pension rules for AP State Government Employees
Common terminologies in Pension rules Here are terms commonly used in the Andhra Pradesh Revised Pension Rules, along with simplified explanations for easy understanding: Term Explanation Superannuation Pension A pension given to employees upon reaching the retirement age (58 for superior service, 60 for inferior service). Voluntary Retirement Pension A pension provided when employees voluntarily…
-
Understanding Treasury code of Andhra Pradesh
In India, the financial management of state funds and public moneys is governed by a well-structured set of rules and regulations. One such framework is the A.P. Treasury Rules (TR Rules), which plays a crucial role in managing government finances in Andhra Pradesh. These rules are empowered by the Constitution of India, specifically under Article…
-
Andhra Pradesh Guaranteed Pension System (APGPS) Act, 2023 – Explained
The Andhra Pradesh Guaranteed Pension System (APGPS) Act, 2023, aims to enhance the financial security of government employees subscribed to the National Pension System (NPS). This new legislation provides a guaranteed pension for retirees, offering a safety net that bridges any shortfalls in pension benefits while also ensuring fiscal sustainability for the state. Key Features…
-
Turning Your Retirement Benefits into Monthly Pension with SWP: A Guide for Job Holders
Retirement is an exciting chapter of life, especially when it comes with a substantial payout from benefits like gratuity, provident fund, or other retirement perks. However, knowing how to convert this lump sum into a sustainable income stream can be challenging. A Systematic Withdrawal Plan (SWP) can be a great way to turn retirement benefits…