Thu, Aug 29, 2024
Both UPS and OPS provide pensions to government employees, but the calculation methods differ. Under UPS, the pension is calculated as 50 per cent of the average basic salary over the last 12 months before retirement. In contrast, OPS calculated the pension as 50 per cent of the basic salary for the last month of service.
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Fri, Aug 02, 2024
National Pension System (NPS) is a government-backed pension scheme designed to help individuals save for their retirement. NPS offers two investment options: active choice and auto choice.
Wed, Apr 17, 2024
So, be mindful of the fact, that you cannot as per your discretion access your corpus in PPF account.
Mon, May 20, 2019
SIP contribution have jumped by 23% in last one year and 1.9 times in past two years in mutual fund industry.
Thu, Jul 06, 2017
The best age to start thinking about retirement is when you start working in your 20s. At that point, retirement is a long way off, and doesn’t seem worth bothering about.
Tue, May 30, 2017
With change in lifestyle and rise in prices of essential items, maintaining monthly finances has become very crucial. While you are looking at "monthly finances" do not forget to look at long term finances. Here we are talking about "post retirement life".
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