Page 5 - Pensions

Govt to start family pension of employees died due to Covid: Jitendra Singh

All central government secretaries have been asked to monitor cases of in-service death of employees due to COVID-19 and ensure the start of family pension within a month

Kerala polls: LDF releases manifesto, assures pension for all housewives

The manifesto was released at the AKG centre in Thiruvananthapuram by the CPM state secretary-in-charge A Vijayaraghavan, CPI Secretary Kannan Rajendran and other leaders

Startups to gain as investment rules ease for pvt domestic pension funds

Indian capital has yet played a small role in the growth of domestic startups, but that could change after the ministry freed alternative investment funds

Over 2,000 old-age pensioners added in Noida scheme for elderly in 2020-21

As many as 2,648 beneficiaries got added in Gautam Buddh Nagar for a monthly financial support extended by the Uttar Pradesh government under a pension scheme for the elderly, officials said

Canada fund shrugs off past experience, renews interest in Indian realty

Three of its Indian partners went ahead and formed similar JVs with other investors in the past.

Government liberalises income criteria for grant of family pension

The Centre has issued instructions to liberalise the income criteria for eligibility of a deceased government servant or pensioner's family member for pension

Mamata presents vote on account, announces pension for all ahead of polls

Banerjee, while criticising the Centre for not extending "necessary help", insisted the state tirelessly undertook welfare measures for its people

Senior citizens: Strike a balance between tax saving and liquidity

They must also maximise the utilisation of the higher deductions available to them

Purchase annuities in a staggered manner to get a better rate of return

Buy plans that do not have return of purchase price option, at a later age, to get a better rate of return

Pension assets under management at Rs 5.49 trn as of Dec 2020: PFRDA

Total assets under management in government's flagship social security schemes -- National Pension System (NPS) and Atal Pension Yojana (APY) -- stood at Rs 5,48,913 crore at end-December 2020

EPFO extends deadline to submit life certificate by pensioners till Feb 28

The pensioners who could not submit their life certificates till November 30 deadline, would get pension every month till February

'Sunidhi' project to digitise provident fund, pension services of CMPFO

The government on Friday announced the launch of an ambitious information technology project 'Sunidhi' to digitise all provident fund and pension related activities of CMPFO

What makes the NPS so crucial to retirement planning in an ageing India

India still does not have a "one retirement account" concept, with the intended money distributed across various schemes. Pension fund managers are underlining NPS as the preferred way ahead

Salaried class pours, informal workers pare pension money: PFRDA data

Contributions towards pension rose as new subscriber growth fell in April-July

Contribution-based pension accounts for new EPFO subscribers soon

The move will help higher-income group workers to get higher pensions and is aimed at making the pension fund of the EPFO, which is in deficit, more sustainable

Govt plans to integrate e-PPO with DigiLocker for civil pensioners

The Centre has planned to integrate the electronic Pension Payment Order (e-PPO) with DigiLocker in order to enhance ease of living of Central government civil pensioners.

Delhi HC directs North DMC to release pension of employees by August end

The Delhi High Court on Monday directed the North Delhi Municipal Corporation (DMC) to release the pension of its retired employees, payable for the month of April this year, by the end of August.

Central, state employees join 'restore old pension' campaign on Twitter

A large number of central and state employees on Friday joined a Twitter campaign to demand restoration of the old pension scheme

EPFO allows regional offices to settle PF claims from other centres

Since April 1, EPFO has been settling claims for withdrawal of special Covid-19-related advances within three days. It has settled over 80,000 claims amounting to Rs 270 cr on daily basis since April

Statsguru: Economy was in grips of a slowdown even before Covid-19 hit

Manufacturing is weakening, as is the job-generating construction sector