Page 3 - Pension

PFRDA subscriber base jumps over 23% to 42.7 million by April 2021

The Pension Fund Regulatory and Development Authority has registered over 23% jump in the subscriber base under its two flagship pension schemes at 42.7 mn by the end of April 2021

Govt may hike pension sector FDI limit to 74%; Bill likely in next session

The government may hike foreign direct investment (FDI) limit in the pension sector to 74% and a Bill in this regard is expected to come in the next Parliament session

Budget Byte: Can the GDP fall increase Budgetary share of defence forces?

Due to a contraction in the economy, defence spend as a share of GDP has risen in the first half of this year, touching the mark of 2%

World Coronavirus Dispatch: Toxic effects to weaken global pension systems

Pandemic delays cancer R&D, Australia hopes pilot scheme will restart its education sector, Tourist-starved Caribbean woos homebound workers and other-pandemic related news across the globe

To retire rich, don't leave too much to your kids

The retirement plan of Indians, like struggling middle-class people everywhere, now leans on spending on the education of their teenagers

Finance ministry rejects railways' request to bear pension expenses

Reminds national transporter of its autonomy; asks it to rationalise freight

Elderly should be paid pension; states to provide medicines, masks: SC

The Supreme Court Tuesday directed that all eligible old age persons should be regularly paid pension and states should provide them necessary medicines

Letter to BS: A 50% pension cut is like adding insult to injury

A 50% cut on pensioners, as announced by the Te­lan­gana government, is insensitive

Letter to BS: Unfair to discriminate between govt and LIC pensioners

LIC pensioners have been fighting their cases for over 20 years

The pension deficit

The govt should release statutory dues to the EPFO

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

Govt in consultation to increase minimum pension: Minister Gangwar tells LS

It was the Modi government which had hiked the pension to Rs 1000 in 2014, minister Gangwar said

Letter to BS: Indian pension system needs a comprehensive review, overhaul

The pension component should be part of the wages paid by the employer

FinMin may consider taking over part of Railways' pension liability: Panel

Lohani said that it has been mandated that the Ministry of Railways' expenditure has to be met out of the income

Private sector employees can get a higher pension: What this means for you

If an employee has become an EPFO subscriber before Sept 2014, he can increase contribution to Employee Pension Scheme

Pension as mandatory savings

It is useful to understand what low pension coverage means

EPFO orders pension settlement on retirement day to ensure dignity of life

About 48.85 lakh central govt employees, 55.51 lakh pensioners in the country

Allocate more of you pension money to equities for better returns

But it should be balanced and choice should be given to subscribers

Cabinet approves Varishtha Pension Bima Yojana

The scheme would provide an assured pension based on a guaranteed rate of return of 8% per annum for 10 years

Delhi increases old age, widow, disability pension by Rs 1,000 each

Senior citizens within 60-69 years will get Rs 2,000 now; those above 70 years will get Rs 2,500