Pension schemes

Pension schemes

• Finance Minister to Launch NPS Vatsalya Scheme on September 18

  NPS Vatsalya scheme will enable parents to invest in a pension account for their children's future through flexible contributions. It aims to promote long-term financial security and wealth accumulation from an early age.…

• National Pension Scheme Updates Withdrawal Rules

  The new rules position NPS as the best retirement scheme in India, offering a hassle-free way for investors to participate in equity without the need for active decision-making or rebalancing.…

• National Pension Scheme Expected to Undergo Amendments by Year-End to Enhance Retirement Payouts

  National Pension Scheme (NPS) allows pensioners to withdraw 60% of the corpus at the time of retirement (tax-free), and buy an annuity for the remaining 40%, payments from which are taxable.…

• Which Pension Scheme is Best For Retirement: Guaranteed Pension System (GPS) or Old Pension Scheme (OPS)

  The Andhra Pradesh Assembly approved the Andhra Pradesh Guaranteed Pension System Bill-2023. This new system ensures that every state government employee will receive a fixed monthly pension equivalent to 50 per cent of their final basic salary.…

• Get Rs 2 Lakh Pension Per Month by Investing in National Pension Scheme, Here's How

  The National Pension Scheme can be a valuable platform to build a retirement fund with high returns. Invest today in NPS and get Rs 2 Lakh pension per month after retirement.…

• PMVVY: 9% Returns for Seniors Know Eligibility, Benefits, How To Apply

  The Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a pension plan for people over 60 years. This scheme offers an opportunity for senior citizens to invest a maximum of Rs 15 lakh. More details are under.…

• Protest Erupts as Haryana Govt Employees Demand Restoration of Old Pension Scheme

  The Employees of the Haryana Government protested to restore the Old Pension Scheme.…

• Active vs Auto Investment: Which is the Best Option for National Pension Scheme?

  The National Pension System (NPS) is a retirement savings scheme supported by the Indian government.…

• National Pension Scheme to be Reviewed by Committee Set Up by Govt: FM Nirmala Sitharaman

  The current national pension scheme, or new pension scheme, was introduced in 2003 and implemented on January 1, 2004.…

• Higher Pension Scheme EPFO: Deadline Extended till May 3rd on EPFO Pension Portal

  EPFO has announced a new deadline of May 3 for higher pension applications for those employees who had retired before September 1, 2014.…

• Central Govt Employees Now Get a One-Time Option to Apply for Old Pension Scheme

  Old Pension Scheme: The select group of government servants can opt for this option by August 31, 2023.…

• Switching to Old Pension Scheme Could Create Obligations for Future: Raghuram Rajan

  Himachal Pradesh recently stopped using the National Pension System (NPS) and has already implemented the Old Pension Scheme…

• NPS: Get Rs 2 Lakh Monthly Pension by Investing Rs 5000/Month in This Govt Scheme! Check Benefits, Tax Exemption, & More

  Anyone who is an individual citizen of India and is between the ages of 18 and 70 (as of the application submission date for NPS) is eligible to join this scheme.…

• New Pension Scheme with 5% Guaranteed Returns in 2023!

  Government is set to introduce a new pension scheme for lakhs of central and state government employees.…

• National Pension Scheme: Can Nominee be Changed After the Death of the Subscriber? Check New Rules Here

  It is necessary for National Pension System (NPS) subscribers to choose a nominee. On being a nominee, the subscriber's money goes to the person to whom he wants to give. In the absence of a nominee, it is very difficult for the family to get…

• Kerala Farmers’ Pension Scheme: Apply Online! Direct Link & Complete Process Inside

  The Kerala Farmers Welfare Fund Board (KFWFB) has invited applications for the farmers' pension scheme.…

• PM-SYM: Couple Can Get Assured Pension worth Rs 75,000 Through This Scheme

  Those who are between the ages of 18 and 40, have a monthly income of not more than Rs 15,000, and work in the unorganized sector are eligible for this scheme.…

• National Pension Scheme: 5 Reasons to Invest in This Scheme For Better Return With Minimum Risk

  The GoI recently increased the FDI limit in pension funds from 49% to 74%. It has also approved to the PFRDA's suggestion to let pension funds to make IPO investments.…

• Government Approves Old Pension Scheme in This State, Will Give 100 Units Free Power to Poor

  The plan to provide 100 free electrical units to the underprivileged received approval from the cabinet as well.…

• NPS: Big News for Government Employees as Pension Rule Changes! Read Details Here

  The new laws will provide 50% of the last income as a pension to the dependents of deceased employees.…

• Govt To Launch Website For Govt employees To Expedite Pension Payments

  A webpage has been put up to follow the status of state government employees who are about to retire from employment, in response to complaints and concerns (PPO).…

• Andhra Pradesh To Roll Out Guaranteed Pension Scheme To Government Employees

  According to the government, reverting to the old pension scheme, as requested by government employees, will result in a massive financial burden.…

• LIC PMVVY Scheme Offers Senior Citizens With a Monthly Pension of Rs 9250, Complete Details Inside

  PMVVY is a pension plan for senior adults who are at least 60 years old. There is no upper age limit for the elderly. The plan has a ten-year policy term with a monthly pension ranging from Rs 1,000 to Rs 9,250 for the whole…

• Old Pension Scheme vs New Pension Scheme: Know the Differences

  Recently, Rajasthan and Chhattisgarh announced the restoration of the old pension scheme (OPS) for government employees for the year 2022-2023. The old pension scheme provides assured income after retirement.…

• Bhupesh Baghel Announces Restoration of Old Pension Scheme; Lakhs of Govt. Employees Will Get Benefit

  The CM’s announcement regarding the restoration of old pension in Chhattisgarh will benefit more than 3 lakh government employees appointed after January 1, 2004.…

• EPFO Important Update: Govt to Increase Pension & PF Interest Rates as HOLI Gift!

  Government may announce to increase the interest on PF which is 8.5% currently. Find more in this article.…

• LIC Saral Pension Scheme: Pay Premium Once and Get Lifetime Pension of up to Rs 12000 per month

  If you are also planning to take a pension plan for yourself, then you can choose LIC’s Saral Pension Scheme. Find all details inside.…

• PM Shram Yogi Maandhan Yojana: Invest Rs. 2 & Get Annual Pension of Rs.36000

  Pradhan Mantri Shram Yogi Maandhan Yojana is a government scheme, which provides social security to the unorganized workers. Under this scheme, by investing just Rs.2 per day, you can avail the benefit of annual pension of Rs.36000. Through this, protection is available at the time…

• Kisan Pension Scheme: Punjab Farmers May Receive Rs.24000 Pension per year

  Kisan Pension Scheme: Committee will be constituted to give pension of Rs.2000 per month to elderly farmers, Agriculture Economist welcomed the initiative of Punjab Government.…

• National Old Age Pension Scheme: Rs 836.55 crore Transferred to 55.77 lakh Beneficiaries

  Pension scheme is important as it is the biggest support for people after their retirement or during their old age. The Centre, as well as State Government, has launched many pension schemes for the social security of people.…

• PMSMY Pension Scheme: Get Pension of Rs 36,000 by depositing Just Rs 1.80 Daily

  Pension is prerequisite for all humans, especially if you do not plan to struggle in your old age. In order to prevent this, many invest in schemes- private & public which guarantees a fixed return in the old age.…

• How to Register for Saral Pension Yojana; Check Features and Benefits

  Who doesn’t want a secure and comfortable life after retirement or during old age? Recently, Insurance regulator IRDA has recently asked all insurance companies of the country to introduce Saral Pension Scheme across the states.…

• National Pension System vs Atal Pension Yojana: Detailed Difference between NPS & APY; Which is Better?

  “Pension” is a safe gourd and must option for every individual who wants to spend his/her after retirement days in a more secure way. Moreover, the government and several private companies offer pension schemes and the most tough task is to choose the right one.…

• Atal Pension Yojana Online: Over 40 Lakh Enrollment Done this Year; Check Complete Details Here

  The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said that over 40 lakh new subscribers have enrolled themselves under the Atal Pension Yojana (APY) thus far, this financial year.…

• Big News! West Bengal Farmers to get Advanced Pension before Durga Puja

  In order to provide some relief to the farming community who have been suffering badly due to Covid-19 and adverse weather conditions, the West Bengal government has decided to give farmers advanced pension ahead of Durga puja.…

• Get Rs. 7000 Every Month by Paying Just One Installment of This LIC Policy; Know How

  Life Insurance Corporation of India (LIC) is considered as one of the most trusted insurance companies in the country. People trust this government-run company as there is very little scope to sink money due to government intervention. India's most trusted insurance company LIC keeps on…

• Pension Scheme: Get Rs. 36000 Annually through PM Shram Yogi Maandhan Yojana; Know How to Apply

  Through PM Shram Yogi Mandhan Yojana, the beneficiaries get a pension of Rs 3000 per month after the age of 60 yrs. To know in detail, read the entire article…

• LIC Pradhan Mantri Vaya Vandana Yojana: Get Guaranteed Pension up to 10 Years after Retirement; Check Details

  LIC Pradhan Mantri Vaya Vandana Yojana is such pension scheme for senior citizens aged above 60 years which assures guaranteed pension for 10 years. Moreover, guaranteed rates of pension for policies sold during a year will be reviewed and decided at the beginning of each…

• SBI Pension Seva: How You Can Register, Check Status & Payment Details

  Country’s largest lender, State Bank of India has launched a portal for the pensioners who have their pension account in SBI. The dedicated website for the pensioners is known as ‘SBI Pension Seva’. It is very easy to use & will definitely benefit the general…

• Get Rs. 35,000 per Month after Retirement Investing in This Pension Policy; Complete Details Inside

  Life Insurance Corporation of India (LIC), the most trusted insurance company of the country has come up with many new schemes for its customers. This government-run company has different policies where customers have invested lakhs of rupees. As it's a government-run company, investors do not…

• LIC Jeevan Shanti Policy: Get Pension Every Month by Paying This Much Amount; Details Inside

  India's most trusted insurance company LIC (Life Insurance Corporation) keeps on bringing special schemes for its customers from time to time. LIC's Jeevan Shanti Policy is such a policy where you can earn a good amount of money every month after retirement.…

• New Pension System: Give Your Wife Guaranteed Income Every Month at Home by This Central Government Scheme

  If you want to secure the future of your wife then you can open a new pension system (NPS) account in your wife's name. NPS is the social security scheme of the central government. By this you can arrange regular income for your wife even…

• Open NPS Account via OTP; Read Important Details from PFRDA

  Now you can open NPS account through e- signature. Pension Fund Regulatory and Development Authority (PFRDA) have enabled the opening of online NPS Account in a paperless manner by e- signature. To simplify the opening up of NPS Account, the subscribers are now permitted to…

• Pradhan Mantri Vaya Vandana Yojana: Know How Elderly Couples Can Get Monthly Pension of Rs 18,500

  Pradhan Mantri Vaya Vandana Yojana (PMVVY) has been started for senior citizens (60 years and above) by Life Insurance Company Limited of India. This pension scheme is non-linked and non-participating and will be available to investors by 31 March 2023. According to LIC, the scheme…

• Big News! Senior Citizens Can Get Rs 18,500 Monthly for 10 Years Through PMVVY

  Big Relief under PMVVY: Pradhan Mantri Vaya Vandana Yojana or PMVVY is now available to senior citizens with a big change. It is to be noted that, the Life Insurance Corporation (LIC) is out with the details of the PMVVY (Modified 2020). The scheme was…