Pension Scheme
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LIC's Pension Plan: PMVVY that offers Rs 10000/month is 'ideal' for senior citizen, says expert
Business | March 10, 2020 18:51 ISTLife Insurance Corporation's (LIC) pension scheme 'Pradhan Mantri Vaya Vandana Yojana' (PMVVY) is an ideal plan for senior citizens, said LIC's former Development Officer. Proper monetary planning for retirement can benefit you a long way in twilight years as old age comes with a number of problems.
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LIC Plan: Hurry! This senior citizen pension scheme can give you ₹10,000 a month, but to end on Marc
Business | March 09, 2020 8:31 ISTLIC Pension Plan Alert! Proper monetary planning can benefit you a long way in twilight years. Keep this in mind, the Life Insurance Company (LIC) is offering insurer a pension scheme that will give policyholders Rs 10,000 per month.
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Good news for 6.3 lakh pensioners. Govt implements EPFO's decision to restore pension commutation
India | February 25, 2020 18:10 ISTThe labour ministry has implemented retirement fund body EPFO's decision to restore pension commutation under the Employees' Pension Scheme, a move that will benefit 6.3 lakh pensioners.
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New Pension Rules: Centre revises pension rules for govt employees. Know what is special
Business | February 20, 2020 14:56 ISTNew Pension Rules: In a landmark judgement, the Narendra Modi-led government on January 18, 2020, decided to give pension under the old pension system to the government employees who were appointed before 01.01.2004 but they joined the job on this date.
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19 lakh farmers enrolled under govt's pension scheme
India | December 03, 2019 18:04 ISTAs many as 18.80 lakh farmers have so far enrolled under the Pradhan Mantri Kisan Mandhan Yojana (PM-KMY), a pension scheme for small and marginal farmers, Parliament was informed on Tuesday.
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Punjab govt hikes share in national pension scheme to 14%
India | December 02, 2019 17:43 ISTThe Punjab cabinet on Monday decided to hike its share in the national pension scheme from 10 per cent of basic pay and dearness allowance to 14 per cent, in line with a move by the Centre some months back.
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Reliance Capital Pension's registration under NPS cancelled
Business | November 19, 2019 12:56 IST"This is to inform to the general public that based on the request received from Reliance Capital Pension Fund Ltd, the certificate of registration granted to Reliance Capital Pension Fund Ltd has been cancelled by the Authority and the pension fund is no longer available for subscription under NPS," PFRDA said.
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Atal Pension Yojana has over 1.9 crore subscribers now
India | November 04, 2019 17:21 IST"In this financial year, the response towards the enrollment of APY was overwhelming and more than 36 lakh APY accounts have been added till October 31, 2019 indicating a growth of 33 per cent in comparison to 26 per cent growth during the corresponding period, last fiscal," the Pension Fund Regulatory and Development Authority (PFRDA) said
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7th Pay Commission: GOOD NEWS! These govt employees likely to get benefit of Rs 10,000 per month; get details
Business | September 01, 2019 15:15 IST7th Pay Commission: The PM Narendra Modi-led government is likely to provide "Dual family pension" gift to the families of armed forces personnel on the eve of festivals. Under this scheme, the family of army personnel will receive a dual pension.
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Nitish Kumar launches Mukhyamantri Vriddha Pension Yojna for poor
India | June 14, 2019 13:42 ISTBihar Chief Minister Nitish Kumar on Friday launched the Mukhyamantri Vriddha Pension Yojna for poor people above 60 years of age in the state.
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Cabinet approves pension scheme for shopkeepers, traders
News | June 02, 2019 18:36 ISTThe decision taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi will benefit 3 crore, retail traders and shopkeepers.
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Yogi Adityanath directs officials in Uttar Pradesh to cover 14 lakh new beneficiaries under pension schemes
India | October 23, 2018 15:29 ISTThe chief minister has decided to extend pension benefits to all widows, farmers, the aged and specially-abled persons.
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Government increases maximum age of joining National Pension Scheme to 65 years
India | November 01, 2017 20:45 ISTThe Pension Fund Regulatory and Development Authority (PFRDA) said that the maximum age of joining NPS for the private sector has been increased to 65.
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Centre approves pension benefits to 55 lakh civil and defence personnel
India | May 04, 2017 7:24 ISTThe government decided to continue with an earlier system of disbursing disability pension and not to go ahead with a new regime recommended by the seventh pay commission.
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CM Yogi scraps ‘Samajwadi Pension Scheme’, cycle tracks may also face hammer
Politics | April 12, 2017 10:28 ISTUttar Pradesh Chief Minister Yogi Adityanath, during the second Cabinet meet on Tuesday, scrapped the ‘Samajwadi Pension Scheme’ of the erstwhile SP government and ordered a detailed review of its beneficiaries.
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Govt approves ‘Varishtha Pension Bima Yojana’ for seniors with 8 pc return
January 24, 2017 16:49 ISTCabinet today approved a pension scheme for senior citizens under which public insurer LIC will provide a guaranteed return of 8 per cent for 10 years, as part of government's social security and financial inclusion programme.
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Panel to submit report on one regulator for pension plans
August 13, 2016 16:18 ISTA panel formed by the government to look into the issue of bringing all pension products under one regulator is likely to submit its report shortly, a top official of pension watchdog PFRDA said today.
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EPFO may soon allow members to contribute for pension scheme
June 13, 2016 18:01 ISTRetirement fund body EPFO may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their employers' mandatory contributions.
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Government plans to amend 145-year-old pension law
May 09, 2016 18:56 ISTNew Delhi: The Centre is considering to amend a 145-year-old law that provides security to the pensioners against attachment of pension. There are about 58 lakh central government pensioners. The matter to Pensions Act, 1871
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EPF fallout: Govt may tweak EPS contribution norms for employers
March 10, 2016 14:55 ISTNew Delhi: Not giving up after being forced to bite the bullet on its Budget proposal to individuals withdrawing their Employers Provident Fund (EPF), the government is now working on a fresh strategy over its
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