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Commutation of pension
  • Adv Govind Bali
  • 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...

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