Page 3 - Pension Schemes

Saral Pension promises higher liquidity than existing plans: Details here

Surrender, loan options will encourage those wary of illiquid annuities

Irdai introduces 'Saral Pension', a standard individual annuity product

It is an immediate-anuuity product comes that all life insurers must start offering by April 1

PFRDA raises cap on fund management charges as it floats RFPs

There would now be four slabs, each attracting charges based on the quantum of assets under management

Over 4 mn subscribers enrolled under Atal Pension Yojana so far this fiscal

With the new additions, the total enrolments under the APY have crossed 2.63 crore, said the Pension Fund Regulatory and Development Authority (PFRDA) in the release

EPFO to use common service centres for life certification of pensioners

EPS pensioners are required to submit their life certificates each year to continue to draw pension

ELSS: Get potentially higher returns with shortest lock-in tenure

Give these equity-linked instruments at least seven years to yield good returns

PFRDA chief mulls separate trust to manage private sector pension funds

Many other pension schemes in the market currently are unregulated

Pension commutation under EPS implemented; move to benefit 630,000 people

With the ministry's latest decision, such pensioners would receive their full pension after completion of 15 years

Aadhaar made mandatory for subscribers of PMVVY pension scheme

In the Budget 2018-19, the maximum limit under PMVVY was doubled to Rs 15 lakh per senior citizen

Clear govt dues of Rs 9,100 crore towards pension schemes: EPFO to FinMin

At present, 8.33% of wage up to Rs 15,000 a month is remitted to the EPS account of a worker.

Advance part-withdrawal approved under Employees' Pension Scheme

The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement before 2009

PM may launch farm pension scheme next month, enrolment to start from Aug 1

Just as in the case of PM-KISAN, the pension scheme will be officially rolled out only after a requisite number of beneficiaries are enrolled

Forced to fund half their pension by themselves, govt employees up in arms

The new pension scheme has caused indignation and sparked widespread protests

Few takers for pension and life cover schemes by govt

The government has now given banks specific targets for enrolment under the Atal Pension Yojana

Letters: Review pension system

Employees who were in service as on December 31, 2003, who will continue to enjoy the benefits

United fight for pension

Managements of banks and the RBI, at the behest of the govt, have denied updated pension

Govt guarantees 8.30% to seniors for 10 years

In combination with other assured return options as the maximum investment permitted is quite small