Tag: commutation of pension

• FastrackGovind
• Armed forces tribunal
• July 4, 2024

The commutation of pension is a game changer for 2024 .

What is the commutation of Pension? Commutation of pension refers to the process where a retired person converts a portion of his periodic future pension disbursements into a lump sum payment.  This facility is aimed to offer immediate financial assistance and help them manage important expenses that may arise post-retirement. The commutation of pension is...