Page 2 - Latest Updates on pension scheme
No proposal for restoration of old pension scheme: Bhagwat Karad
Under the old pension scheme, employees get a defined pension. Under this, an employee is entitled for a 50 per cent amount of the last drawn salary as pension
 "No proposal for restoration of old pension scheme: Bhagwat Karad")
Himachal election results: Cong wins battle of tradition, faces CM hurdle
Locals say two factors played an invisible role in the BJP's defeat: one, the turnout of women in this time was 17% higher; second, the Agnivir scheme in a state that sends a large number of soldiers
 "Himachal election results: Cong wins battle of tradition, faces CM hurdle")
7.4% interest rate locked in for 10 years: Who should buy LIC's PMVVY
SCSS, which offers 80C benefit, allows you to lock in at 7.6% for five years
Almost 79% migrants availed PDS at their home locations, says study
This is because 79 per cent of them avail PDS only at their home locations, a new study has found
 "Almost 79% migrants availed PDS at their home locations, says study")
Consistency should be key criterion when choosing NPS fund manager
Asset allocation to NPS should depend on age, risk appetite and asset mix in existing investments
NITI Aayog VC says old pension scheme will burden future taxpayers
NITI Aayog VC Suman Bery expressed concern over the revival of Old Pension Scheme by some states, saying it would burden future taxpayers at a time when India needs to focus on fiscal prudence
 "NITI Aayog VC says old pension scheme will burden future taxpayers")
Kejriwal promises old pension scheme by Jan 31 ahead of Gujarat polls
Delhi Chief Minister Arvind Kejriwal made a written assertion that AAP will form government in Gujarat after the upcoming Assembly polls
 "Kejriwal promises old pension scheme by Jan 31 ahead of Gujarat polls")
Politics over pension
States cannot afford a return to the old system
Old Pension Scheme approved by Punjab Cabinet, says CM Bhagwant Mann
Punjab Chief Minister Bhagwant Mann on Friday said that the state cabinet has approved the reimplementation of the old pension scheme, which was discontinued in 2004
 "Old Pension Scheme approved by Punjab Cabinet, says CM Bhagwant Mann")
EPFO to appoint actuary firm for its pension and insurance schemes
The approved consultant will be empanelled with the EPFO headquarters in New Delhi for a tenure of three years
 "EPFO to appoint actuary firm for its pension and insurance schemes")
Which investors will lose the most money because of FTX's implosion?
Out of all the investors, at least two major shareholders, Sequoia and Paradigm, have decided to mark their investments down to zero
 "Which investors will lose the most money because of FTX's implosion?")
Money in NPS belongs to people, can't go back to state govts as per law: FM
Both the Congress-ruled states have notified the reintroduction of OPS for government employees and have said the Centre cannot hold back employees' money
 "Money in NPS belongs to people, can't go back to state govts as per law: FM")
SC allows 4-month time for employees under EPS to opt for increased pension
Eligible employees who had not opted for enhanced pension coverage prior to 2014 can jointly do so with their employers within the next four months
 "SC allows 4-month time for employees under EPS to opt for increased pension")
Supreme Court caps maximum pensionable salary at Rs 15,000 under EPS
Order gives employees four months to join
Punjab: 90,248 deceased beneficiaries of pension schemes identified
A survey of beneficiaries of various pension schemes in Punjab found 90,248 of such beneficiaries as deceased, said an official statement here
Bank employees' unions call for restoration of old pension scheme
Submit charter of demand for wage revision as part of 12th bipartite settlement
Punjab announces to restore old pension scheme for state govt employees
The Punjab government on Friday decided to restore the old pension scheme for its employees, with Chief Minister Bhagwant Mann terming it a Diwali gift for the state staff
 "Punjab announces to restore old pension scheme for state govt employees")
'Old pension scheme to be restored in Punjab, will do same in Gujarat, HP'
Delhi Chief Minister Arvind Kejriwal on Friday congratulated government employees in Punjab after the state cabinet gave its nod to the restoration of the old pension scheme
 "'Old pension scheme to be restored in Punjab, will do same in Gujarat, HP'")
HP CM Thakur should clarify why BJP is against old pension scheme: Gehlot
Rajasthan CM Ashok Gehlot said his Himachal Pradesh counterpart Jai Ram Thakur should clarify "why the BJP is against old pension scheme" which gives social security to government employees
 "HP CM Thakur should clarify why BJP is against old pension scheme: Gehlot")
Retirees can now opt to continue with 'default' investment plan under NPS
After the new rule kicks in, retirees will be able to choose to continue with the existing plan or choose a new PFM and investment plan
 "Retirees can now opt to continue with 'default' investment plan under NPS")
