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 ...

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 – ...

New Delhi: Retired government employees and current staff are hopeful that the 8th Pay Commission will recommend significant changes to the pension commutation rules. One of the key proposals is to ...

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 ...