Why should you choose National Pension System (NPS) over other annuity plans?
Business | March 05, 2023 10:25 ISTThe NPS programme gives investors the chance to purchase annuity plans from insurance providers appointed by PFRDA.
The NPS programme gives investors the chance to purchase annuity plans from insurance providers appointed by PFRDA.
National Pension System (NPS) subscribers can retrieve their 'withdrawn but unclaimed' funds by following a specified format set by the Pension Fund Regulatory and Development Authority (PFRDA).
Old Pension Scheme: NITI Aayog Vice Chairman Suman Bery also underlined the need for enhancing capital expenditure and creating a space for the private sector through fiscal consolidation.
Gujarat Assembly elections: With effect from April 1, 2019, the government decided to contribute 14% of the employee's salary and deferred compensation under the Center's plan, compared to the employee's 10% contribution.
The portal is designed to streamline the disbursement of pension to the state government employees who retire from services.
The first digital payment was made under the programme on the day, Delhi Social Welfare Minister Rajendra Pal Gautam said.
Uttar Pradesh CM Yogi Adityanath on Friday announced a monthly pension of Rs 4,000 under the Mukhyamantri Bal Seva Yojana.
Union minister Jitendra Singh on Wednesday said that the government has decided to extend the payment of provisional pension up to a period of one year from the date of retirement of an employee in view of the COVID-19 situation.
All major allowances are proposed to be revised upward, with rationalisation in certain allowances, as per the recommendations of the sixth pay commission.
In a welcome development for those availing family pensions, the Centre has raised the upper ceiling from Rs 45,000 to Rs 1.25 lakh per month, Union Minister Jitendra Singh announced on Friday.
A child or sibling of a deceased government servant or pensioner, who is suffering from a mental or physical disability, shall be eligible for family pension for life.
Retired employees of Air India have said that the absence of pensions is causing them hardship.
The Delhi High Court on Monday directed the North Delhi Municipal Corporation to release the pension of its retired employees payable for the month of April 2020, by the end of August 2020.
In a big relief for Central government employees, who are retiring during the COVID-19 pandemic, the Narendra Modi led central government has decided to ensure provisional pension for them till their regular Pension Payment Order (PPO) is issued and other formalities completed
Family members, dependents of state government staff who die of coronavirus while on duty will receive a special family pension, the Bihar Cabinet took the decision on Saturday.
The Government has taken a decision to allow Invalid Pension to Armed Forces Personnel with less than 10 years of qualifying service. Invalid pension is granted to the Armed Forces Personnel who is invalided out of service on account of disability which is accepted as Neither Attributable to Nor aggravated (NANA) by Military Service.
In an unfortunate incident, a video of a woman dragging her mother on a cot to a bank in Odisha's Nuapada district surfaced recently. The woman was seen dragging her 100-year-old mother on a cot to a bank to withdraw her pension money allegedly after the bank asked for physical verification.
The Uttar Pradesh government on Thursday transferred over Rs 1,300 crore into bank accounts of more than 86 lakh pensioners under the Pradhan Mantri Garib Kalyan package.
Transgenders in J&K will get pension under the integrated social security scheme.
Amid the lockdown over the coronavirus pandemic, the Himachal Pradesh government has provided a special relief to 5.69 lakh social security pensioners by making an advance payment of Rs 217.86 crore, officials said on Thursday.
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