Sun, Sep 22, 2024
Announced in Budget 2024-25, NPS Vatsalya is a contributory pension scheme for minor subscribers that enables parents or guardians to create a retirement corpus on behalf of their children. The NPS Vatsalya scheme is regulated and administered by the Pension Fund Regulatory and Development Authority (PFRDA), the country's pension fund regulator.
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Wed, Mar 27, 2024
Monthly Income Scheme (MIS) at Post Office: Did you know that you can earn monthly interest ranging from Rs 6 to Rs 9,250 for five years against a one-time deposit to the tune of Rs 1,000-15,00,000 in a special, guaranteed income small savings scheme at the post office? Formally known as the National Savings Monthly Income Account (MIS), this savings plan enables depositors to park their funds to earn interest every month for the entire maturity period of five years. And what is the interest rate of the MIS plan? Currently, the scheme delivers a return of 7.4 per cent (paid monthly). Read on to learn all about this investment plan with examples.
Wed, Mar 08, 2023
EPFO has issued new guidelines for employees to opt for higher pension. Know what are the new rules of EPFO on pension and who will get the benefit of higher pension?
Mon, Mar 06, 2023
Government allows one-time option for those who applied for jobs advertised before December 22, 2003 but joined the service in 2004.
Tue, Feb 28, 2023
Wed, Feb 15, 2023
The government is about to take a big decision amid the tussle between new and old pension (OPS vs NPS). Officials associated with the case say that the government is preparing to make changes in the NPS to provide guaranteed pension to the employees after retirement. Moreover, SBI claims that OPS can prove fatal for the economy. The governments are considering an option to offer around 50% of the last pay drawn as guaranteed pension to Government employees under the National Pension System (NPS). Watch this special report on India 360.
Tue, Oct 18, 2022
Guaranteed Pension Lifetime: This is a plan in which you can get the benefit of pension by investing money at once. As soon as you purchase the plan, you will start getting the benefit of pension.
Tue, Sep 27, 2022
PM-Kisan Pension Yojana 2022 Online Registration, Eligibility, Amount, Status: Under the Pradhan Mantri Kisan Maandhan Yojana (PM-KMY), the government provides a pension of Rs 3000 per month to farmers after 60 years of age.
Tue, Sep 13, 2022
Old Pension Scheme Vs NPS: The old pension scheme was discontinued by the BJP-led NDA government in December 2003. The government had then launched the NPS as a substitute for the old pension scheme.
Fri, Sep 02, 2022
Old Pension Scheme In Jharkhand Latest News: The old pension scheme which was discontinued in 2004 is now being implemented again. The Jharkhand government has announced that it will bring back the old pension scheme for government employees.
Thu, Aug 11, 2022
Atal Pension Yojana rule change: The government has introduced a major change in the Atal Pension Yojana (APY). According to a gazette notification issued by the Ministry of Finance, a person paying income tax will not be eligible to join the scheme from October 1.
Thu, Jul 14, 2022
The pension amount ranges from Rs 5,000 to Rs 10,000 depending upon the jail term of activists during Emergency between 1975 and 1977.
Tue, May 17, 2022
National pension system scheme is voluntary retiremet saving scheme. The scheme seeks to promote the habit of saving for retirement amongst the citizens. Let us know more about it's nomination process.
Mon, Mar 28, 2022
Retirement planning means preparing today for your future life so that you continue to meet all your goals and dreams independently. Here are some government pension plans to secure your future after the age of 60.
Fri, Nov 26, 2021
Mon, Jun 21, 2021
Saving money and future planning is very important and needs to be done in order to avoid any financial crunch. Also, there are several schemes offered by the central government through which one can get a fixed income in the future.
Fri, Sep 04, 2020
Earlier a total 10 per cent of the sum of basic salary and DA of the university staff used to be deducted as their contribution and the same amount used to be deducted from their employers. Now the deduction has been raised to 14 per cent which will ultimately benefit the university employees, he said.
Fri, May 29, 2020
Atal Pension Yojana (APY) is a social security scheme. Under the APY scheme, the government aims to secure pension from Rs 1000 to Rs 5000 per month to people employed in the urnorganised sector.
Fri, May 01, 2020
PM-SYM Pension Scheme: The Government of India (GoI) has introduced Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) — a pension scheme — which aims to give financial freedom to a person post-retirement.
Sat, Jun 01, 2019
Under this scheme, all shopkeepers, retail traders and self-employed persons are assured of a minimum monthly pension of Rs 3,000/month after attaining the age of 60 years
Tue, Apr 30, 2019
Steel Authority of India Ltd (SAIL) said that it has introduced its pension scheme for the benefit of its eligible ex-employees and employees in line with the guidelines issued by the DPE and with the approval of the Ministry of Steel.
Sun, Dec 30, 2018
Narendra Modi launched a pension management software SAMPANN (System for Accounting and Management of Pension) to assist and provide additional benefit to pensioners of the telecom department.
Sat, Dec 02, 2017
The aim of the EPF scheme is to promote retirement savings for employees across India. The amount contributed to the fund is based on a fixed rate.
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