pension scheme

BIG change in National Pension Scheme: PFRDA modifies rules on trail commission; here is all you need to know

The D-Remit (Direct Remittance) feature was made available by PFRDA to subscribers so they could more easily deposit their voluntary contributions by generating a static virtual ID connected to their PRAN and remitting the money from their bank account

Sep 01, 2022, 16:08 PM IST

NEW changes in NPS-APY schemes; Good news for central employees and pension scheme subscribers

Under the new rule, income tax payers will no longer be able to apply for Atal Pension Yojana (APY). This rule will be applicable from October 1, 2022.

Aug 13, 2022, 19:25 PM IST

Modi govt's big bonanza for married couple! Get Rs 72,000 yearly pension by investing just Rs 200 per month, here is how to enroll in just 5 minutes

Modi Government rolled out Pension Schemes couple of years ago for the financial independence of unorganized sector workers of the country.

Aug 08, 2022, 08:35 AM IST

Atal Pension Yojana: Govt transfers Rs 5000 to account every month; here’s how to avail benefits

Atal Pension Yojana allows investors to save little every month for their retirement, as it guarantees a monthly payment of Rs 5,000 to the beneficiary once they touch 60. 

Apr 21, 2022, 20:33 PM IST

Chhattisgarh announces old pension scheme for govt employees, follows in Rajasthan’s footsteps

Baghel announced the National Rural Employment Guarantee scheme proposal at Rs 1,702 crore. 

Mar 09, 2022, 17:54 PM IST

Atal Pension Yojana: Invest Rs 7 per day in APY to get Rs 5000 monthly pension, here’s how

Launched by Prime Minister Narendra Modi on 9 May 2015, more than 3 crore investors have joined the Atal Pension Yojana.  

Sep 02, 2021, 20:27 PM IST

PPF or NPS? Invest THIS much monthly to earn Rs 1 crore on maturity

If you invest Rs 12,500 per month in PPF, at the current rate of 7.1% interest rate compounded annually, you will earn Rs 1 crore in 25 years.

Jun 12, 2021, 13:03 PM IST

Cancer, kidney and HIV patients will be given a pension of Rs 2,250 per month in Haryana

A status report has been sought from the chief medical officers of all the districts for this. The pension scheme will be implemented as soon as the report is submitted, the minister said, as per an official statement.

It will be implemented soon.​

Feb 18, 2021, 09:02 AM IST

PM Modi to launch pension schemes for farmers, traders in Jharkhand on Thursday

Prime Minister Narendra Modi is scheduled to visit Jharkhand on Thursday, to launch 'Pradhan Mantri Kisan Mandhan Yojana' for the benefits of the farmers across the nation.

Sep 12, 2019, 06:41 AM IST

Union Budget 2019: Nirmala Sitharaman announces pension for shopkeepers, traders with turnover less than Rs 1.5 crore

Pension benefit will be extended to around 3 crore retail traders and shopkeepers with an annual turnover less than 1.5 crores.

Jul 05, 2019, 12:08 PM IST

MP cabinet approves pension scheme for elderly spinsters

The state government has claimed that it is the first such scheme in the world which would help elderly women attain financial independence to a certain degree.

Sep 24, 2018, 14:56 PM IST

Sports Ministry doubles pension for meritorious Indian sportspersons

Sporters Minister Rathore said the pension amount has been doubled across the board and the Paralympic medal winners have been brought at par with able-bodied sportspersons.

Feb 09, 2018, 21:23 PM IST

Arun Jaitley launches pension plan for senior citizens with 8% assured return

"Banks have to lend at feasible rates, while senior citizens want secure, reasonable, unfluctuating return on their investment," Jaitley said here launching the pension scheme -- Pradhan Mantri Vaya Vandana Yojana (PMVVY).

Jul 21, 2017, 20:39 PM IST

Jaitley to launch pension scheme with 8% fixed rate

It can be purchased offline as well as online through Life Insurance Corporation (LIC) of India which has been given the sole privilege to operate this scheme, the finance ministry said in a statement on Thursday.

Jul 20, 2017, 20:20 PM IST

Haryana CM Manohar Lal Khattar announces pension scheme for journalists

Haryana Chief Minister Manohar Lal Khattar on Saturday announced a slew of incentives for journalists.

May 27, 2017, 20:49 PM IST

Tata Steel UK to close pension scheme, to implement new scheme

Tata Steel UK has completed the consultation process to close its existing pension scheme for its workers from March 31, 2017. A new pension scheme will be implemented from April 1, 2017.

Mar 08, 2017, 20:09 PM IST

SC junks plea against UP government's pension scheme

The Supreme Court on Monday junked a plea challenging the Akhilesh Yadav government's 'Samajwadi' pension scheme for the poor in Uttar Pradesh.

Feb 21, 2017, 00:51 AM IST

Tata Steel offers to pay millions for pension scheme revamp

Tata Steel Ltd has offered to pay hundreds of millions of pounds to its pension scheme to release a guarantee the fund holds over its Dutch assets, as the Indian firm moves closer to merging its Eu

Jan 13, 2017, 14:49 PM IST

NPS: PFRDA lowers minimum contribution to Rs 1,000 per year

To encourage more people to join the National Pension System, regulator PFRDA has substantially lowered the minimum annual contribution to Rs 1,000 to keep the account active.

 

Aug 15, 2016, 10:46 AM IST

Tata Steel UK's deficit in pension scheme stands at $138 mn

Tata Steel Wednesday said that its UK arm has concluded the actuarial valuation of British Steel Pension Scheme (BSPS) and the deficit in the scheme stands at about 90 million pound (around USD 138 million) as of March 2014.

Oct 07, 2015, 20:23 PM IST