Pension: Latest News and Updates, Top Stories, Videos, Photos About Pension

PO Senior Citizen Savings Scheme (SCSS): Know Interest Rate, Deposit Limit, Eligibility, Other Details!

The Post Office Senior Citizen Savings Scheme (SCSS) emerges as a reliable avenue, offering a comprehensive solution for retirees seeking financial stability. Understanding the Senior Citizen Saving Scheme in the Post Office The SCSS, a government-sponsored initiative, caters specifically to individuals ...

Retirement Planning: How To EARN Rs 50,000 Pension Per Month? 5 Ways To Do So...

Everyone likes a better and more relaxing retirement. No need to be dependent on anyone, you can simply enjoy a healthy retired life. But for that, you first need to have an early investment plan that would help you restore your ...

PFRDA Introduces QR Code, UPI Payments For NPS Contributions; Here Are Some Benefits

The Pension Fund Regulatory and Development Authority (PFRDA) has announced that National Pension System (NPS) subscribers can now deposit contributions seamlessly through the Unified Payments Interface (UPI) QR code for accessibility and flexibility under the D-Remit process. The PFRDA's latest initiative ...

Active Vs Auto: Which Route Should You Opt For NPS Investment? Explained

An array of investment alternatives are available through the National Pension System (NPS), a government-sponsored retirement savings programme. NPS may be purchased in two different ways: active or auto choice. You have complete control over your asset allocation with active NPS. ...

EPFO Adds 13.40 Lakh Members In March 2023

The Employee Provident Fund Organisation (EPFO), the retirement fund body has added nearly 13.40 lakh members on a net basis in March, taking the total addition to 1.39 crore for the financial year 2022-23, according to payroll data released on Saturday. ...

Atal Pension Yojana: Jump Of 20% In subscribers To Cross 5.2 Crore Mark In FY23, Check Details

The Pension Fund Regulatory and Development Authority (PFRDA) reported that a total of 5.20 crore people enrolled to Atal Pension Yojana by March 31, 2023 and the asset under management stood at over Rs 27,200 crore. During the fiscal ...

National Pension Scheme (NPS) Rules: Mandatory Upload Documents To Receive Timely Pension

As per the Pension Fund Regulatory and Development Authority (PFRDA) circular issued recently on April 27, you can now quickly upload documents if you have subscribed to NPS. This quick process will be made effective from 1 April 2023. The pension ...

EPF Norms: Higher Pension Eligibility & Key Issues About Joint Application

In a circular issued by Employees' Provident Fund Organisation clarification was given pertaining to key issues employees/pensioners were facing while jointly applying for higher pension from Employees Pension Scheme (EPS). The circular issued on April 23, 2023 also mentioned about the ...

FinMin Sets Up Panel To Review Pension System For Government Employees

Finance Ministry on Thursday set up a committee under Finance Secretary T V Somanathan to review the pension system for government employees. The committee would suggest whether in the light of the existing framework and structure of the National Pension System ...

New NPS Withdrawal Rules That You Should Be Aware Of In FY24

The Pension Fund Regulatory and Development Authority (PFRDA) has mandated all subscribers to upload certain documents beginning April 1, 2023 for FY24 fiscal. The document s must be uploaded to Central Record-Keeping Agency (CRA) user interface before withdrawing the pension corpus ...

EPFO Board Meeting Begins Today: Pension, Interest Rates To Drop Below 8%

The Central Board of Trustees (CBT) will discuss interest rates for financial year 2022-23 for employees provident fund in its 233rd meeting to be held on March 27-28. It is unlikely that the interest for FY23 would drop below ...

FM Proposes Panel To Look Into Issues Related To Government Employees' Pension

Finance minister Nirmala Sitharaman on Friday proposed setting up of a committee to look into the issues related to pension for government employees and evolve an approach to address the need of employees while maintaining fiscal prudence. While moving the Finance ...

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