Page 3 Pension: Latest News and Updates, Top Stories, Videos, Photos About Pension

LIC Offering Pradhan Mantri Vaya Vandana Yojana Pension Scheme: Financial Benefits And Eligibility

Life Insurance Corporation Of India (LIC) is authorized to operate Pradhan Mantri Vaya Vandana Yojana, which is a union government Pension Scheme. The plan has been extended till March 31, 2023. Under this scheme, investors get an assured pension of 7.40% pa, which is payable monthly. {photo-feature}...

DoPPW: Dearness Relief (DR) Hike of 3% Would Be Granted To These Pensioners

Dearness Relief (DR) for Central Government pensioners and family pensioners has been enhanced by 3% from 31% to 34% on January 1, 2022, according to the Department of Pension and Pensioners' Welfare (DoPPW). On the 5th of April 2022, DoPPW issued ...

Labour Ministry Launched 'Donate-a-Pension' Scheme Under The PM-SYM

Monday 07 March 2022, Labour Ministry On Today launched the 'Donate-a-Pension' Scheme under the Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) for the people to contribute to the pension fund of their support staff. The Labour ministry tweeted, 'Secure the ...

Govt Makes Clarifications On Pension & Gratuity Payment In Case PPO Is Not Issued

The Department of Pension and Pensioners' Welfare (DoPPW) clarifies the payment of provisional pension and gratuity under Rule 62 of the Central Civil Services (Pension) Rules, 2021 in the event of a delay in the issuance of a Pension Payment Order ...

EPS Pension Disbursal Rule Changed: Here’s When You Will Receive Your Pension

In accordance with the EPFO circular dated January 13, 2022, EPS'95 pensioners will receive pension amount on the last working day of the month. The pension administering body has tied up with several pension disbursing banks for credit of pension to ...

Did You Know You Can Save Additional Tax By Investing In NPS?

The National Pension Scheme or NPS is a government-sponsored social security program. Except for individuals in the military forces, this pension scheme is available to employees from the public, private, and even unorganized sectors. A part of the NPS is invested ...

How To Calculate Family Pension, Death Gratuity If A Govt Employee Dies During Penalty?

The Department of Pension & Pensioners' Welfare (DoPPW) has clarified rules for the calculation of pay/emolument for the estimation of family pension and death gratuity when a Government official dies during the duration of a penalty. According to the department clarifications ...

Provident Fund: EPFO Proposes Entry Of Former Members, With A Low Contribution

The Employees' Provident Fund Organisation (EPFO) is proposing to open up a subscription to its former members. The organization will offer this with a contribution of as low as Rs. 500 per month, to those who earlier left the scheme. The ...

High Return Pension Funds On Government-Securities (G-Sec) Scheme

The National Pension System (NPS) allows the subscribers to accept the asset allocation under G-Sec (government securities). The National Pension System (NPS), offered by the government of India permits the policyholders to select between active and auto choices. NPS G-sec funds ...

Joint Bank Account Not Mandatory For Spouse Pension, Clarifies Govt

Joint bank account is not mandatory for spouse pension, the government said on Saturday. Union Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh said the Narendra Modi government has always sought "ease of living" for all sections of ...

LIC's Jeevan Akshay Pension Policy With Multiple Annuity Options

LIC's Jeevan Akshay is an Immediate Annuity plan is a single premium policy. That means the policyholder will have to buy the plan with a lump sum amount, while the annuity is available on a monthly, quarterly, biannually or annually basis.{image-tcs-04-1493886211.jpg ...

What Is A PPO Number For Pensioners, Benefits For Life-Proof, 'Nirbadh Sewa' To Get PPO

A Pension Payment Order number (PPO number) is a 12 digit reference number that will help people to get a pension and the number is issued after the retirement of the employee. {photo-feature} ...

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