Chief Minister Arvind Kejriwal announced on Monday that the AAP government will restore the old pension scheme in Delhi. He …
NATIONAL PENSION SYSTEM NOW MORE ATTRACTIVE FOR INVESTORS
The center will contribute 14% of the basic salary to the pension corpus of the government employees. The employees contribution …
India ranked second last in pension benefits: Study
India has emerged as the second lowest among 34 countries providing retirement income systems with good benefits, according to a …
EPS Pensioners Can submit Life Certificate Without Aadhaar, Finger print Authentication: EPFO
Now Employee Pension Scheme (EPS) pensioners can submit life certificate without Aadhaar or even if Aadhaar finger print authentication fails …
Pensioners Can Also Claim Standard Deduction Of Rs 40,000
In this year’s budget , Finance minister, Arun Jaitley reintroduced the provision of standard deduction of Rs.40,000/- for every salaried …
25% withdrawal from pension corpus after 3 years
To make the scheme more attractive, norms for partial withdrawal under the NPS have been relaxed by PFRDA. NPS subscribers who …
Procedure for Payment of Family Pension to Handicapped children
The procedure for inclusion of names of disabled dependents of employees of central government pensioners has been simplified. Family pension to permanently …
NPS Return Over 10 Percent
The PFRDA is trying to maintain the return of over 10 percent to NPS subscribers when interest rates are falling. …
NPS joining age raised to 70 years
PFRDA has raised the joining age of NPS from 60 to 65 years and the subscriber can continue up to …
PFRDA increases incentives for POPs to promote NPS
PFRDA has increased incentives payable to Points of Presence (POPs) in NPS. The fee for initial subscriber registration to a …