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Government Says 1,20,279 Persons Applied To Opt For Higher Pension Till March 9

As many as 1,20,279 persons have applied online to opt for higher pension under Employees' Pension Scheme 1995 (EPS-95) till March 9, 2023, Parliament was informed on Thursday. In November last year, the Supreme Court had asked the Employees' Provident Fund ...

EPFO Higher Pension Scheme: Deadline Extended, Check Steps To Apply Without Delay

In a major relief, the deadline to select a higher pension has been extended by the Employees' Provident Fund Organization (EPFO) on Monday to May 3. Workers who stated working before September 1, 2014 and have been working on or after ...

Govt Announced Single-Window Portal for Pensioners Across India - Check Benefits, link and other Details

The government has announced that all pension portals, such as Pension Disbursing Bank portals, ANUBHAV, CPENGRAMS, CGHS, and others, will be integrated into a single-window in the near future. Union Minister Jitendra Singh stated that the new Single- Window Portal for ...

EPFO Members Can Apply For Higher 'Pension' Till May 3

All eligible members can opt and apply jointly with their employers for higher pension till May 3, 2023 at unified members' portal of retirement fund body EPFO. Earlier, there were apprehensions that March 3, 2023 is the last date for opting ...

'RBI' Cautions States Against Reverting To Old Pension Scheme

The Reserve Bank has sounded a note of caution on reversion to the old pension scheme by some states, saying it poses a major risk on the "subnational fiscal horizon" and would result in accumulation of unfunded liabilities in the coming ...

EPFO Implements Supreme Court Order, Gives Option For Higher Pension, To Eligible Subscribers

Retirement fund body EPFO has asked its field offices to provide an option for higher pension to eligible subscribers in accordance with the Supreme Court order on November 4, 2022. According to the Employees Provident Fund Organisation (EPFO) circular on December ...

Ahead Of Budget, Economists Demand Increase, In Social Security Pension And Maternity Benefits

Ahead of the Union Budget 2023-24, 51 eminent economists have written to Finance Minister Nirmala Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits. The signatory of the letter includes Jean Drèze (honorary professor, ...

Bringing Back, Old Pension Scheme A Freebie, Says Montek

Former deputy chairman of the erstwhile Planning Commission Montek Singh Ahluwalia on Tuesday spoke against bringing back the old pension scheme (OPS), saying it is one of the biggest 'revadis'. Addressing an event organised by economic think-tank ICRIER, Ahluwalia said everyone ...

When Is Pension Credited To Pensioner's Account By The Paying Branch?

Several retired folk depend on pension for sustaining themselves. The question that is therefore often asked is: When is pension going to be credited by the bank? The pension paying banks credit the pension amount in the accounts of the pensioners ...

Atal Pension Yojana Investment Rule Changes From October 1, 2022

Atal Pension Yojana is a social security plan administered by the Pension Fund Regulatory and Development Authority (PFRDA). The scheme has been touted as the centre had been concerned about the old age income security of the working poor and is ...

NPS Withdrawal Rules: Here's Everything You Should Know

NPS or the National Pension System is a retirement savings scheme that allows investors to make defined contribution for securing their future in the form of pension. The investment vehicle has gained traction of late due to the tax benefits, flexibility ...

Best Tax Saving Schemes By The Government, Those Are Offering assured Returns

Investors put their hard earn money into different equity-linked funds or government schemes for good returns in the long run or short run. However, one must not forget about the tax savings factor before investing, at a time when the inflation ...

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