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Pension scheme News

25 Oct 2024

Centre Offers Additional Compassionate Pension After 80; Check New Guidelines

Additional Pension After 80 Years: The DoPPW notification stated that the additional pension or compassionate allowance would be effective from the first day of the month when the pensioner reaches the designated age.

New Pension scheme

25 Oct 2024

Big news for pensioners

New Simplified Pension

30 Aug 2024

New Simplified Pension Form Launched For Retiring Central Government Employees

Mr. Singh mentioned that introducing the simplified form is part of the government's ongoing efforts to make life easier for citizens and pensioners.

Unified Pension Scheme

25 Aug 2024

‘Unified Pension Scheme’ Vs NPS? Key Differences Explained

Retirees receive 50 per cent of their average basic pay from the last 12 months of service if they have at least 25 years of service.

Unified Pension Scheme

25 Aug 2024

Unified Pension Scheme: From Inflation Protection To Family Pension Benefit

Prime Minister Narendra Modi's Cabinet introduced the Unified Pension Scheme (UPS), starting April 1, 2025. Combining the best features of the Old Pension Scheme (OPS) and the National Pension Scheme (NPS), it will provide guaranteed pensions, family pensions, and minimum pensions to 23 lakh government employees. Here are the key benefits of the new scheme.

10 Jul 2023

Married couple can get Rs 72,000 yearly pension by investing Rs 200 per month

The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) was rolled out by the Ministry of Labour and Employment in 2019. The scheme lets married couple earn a yearly pension of Rs 72,000 by investing as little as Rs 200 per month.

27 Feb 2023

Good News For EPFO Subscribers, Date to Apply For Higher Pension Extended

EPFO Higher pension update: Earlier, there were apprehensions that March 3, 2023 is the last date for opting for higher pension.

19 Jan 2023

Old Pension Scheme vs the New Pension System: is OPS a financial burden?

Only last week the Congress-led Himachal govt announced the restoration of the Old Pension Scheme (OPS) for the govt employees. Infact OPS was one of the major reasons that led to Congress’s victory in Himachal elections.

03 Jan 2023

SC ruling on HIGHER PENSION: Who can apply for it? Check process to apply

The Supreme court in its order gave four more months to eligible subscribers to opt for higher pension under EPS-95. The court had also struck down the requirement in the 2014 amendments mandating employee contribution of 1.16 per cent of the salary exceeding Rs 15,000 per month. This will facilitate the subscribers to contribute higher to the scheme and get enhanced benefits accordingly.

22 Dec 2022

EPF: Govt says THIS on implementing SC verdict on allowing higher pension

The apex court order provides that employees who were existing EPS-95 members as on September 1, 2014 can contribute up to 8.33 per cent of their actual salaries, as against 8.33 per cent of the pensionable salary capped at Rs 15,000 a month, towards pension.

23 Nov 2022

Married couple can get Rs 72,000 yearly pension by investing Rs 200 per month

How married couples can get Rs 72,000 yearly pension under Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Scheme? Check the calculation below.

Himachal Pradesh

11 Nov 2022

Will fulfill every promise on OPS - Congress

Congress party's statement on OPS has come to the fore. Congress leader Rajiv Shukla said in a conversation with Zee News that OPS will be implemented in any case.

13 Sep 2022

EPFO ने दी pensioners को राहत वाली खबर

Now EPS'95 pensioners can submit Life Certificate at any time, know how.

01 Sep 2022

Big change in National Pension Scheme: PFRDA modifies rule on trail commission

PFRDA permits trail commission payment through points of presence for National pension system accountholders. The D-Remit feature was made available by PFRDA to subscribers so they can easily deposit their voluntary contributions. D-Remit views as a 'subscriber centric measure' to enable contributions into PRANs from their savings bank account through Net banking/UPI.

13 Aug 2022

NEW changes in NPS-APY schemes; check out details here

Now Subscribers can use UPI to pay subscription fee for NPS/APY schemes. Only subscription payment before 9:30 am will be counted in the same day investment. Income Tax payers will not applicable to apply for APY scheme from 1 October.

08 Aug 2022

Married couple can get Rs 72,000 yearly pension by investing Rs 200 per month

Modi Government rolled out Pension Schemes couple of years ago for the financial independence of unorganized sector workers of the country.

Atal Pension Yojana

21 Apr 2022

Atal Pension Yojana: Govt transfers Rs 5000 monthly on retirement; do THIS now

Atal Pension Yojana allows investors to save little every month for their retirement, as it guarantees a monthly payment of Rs 5,000 to the beneficiary once they touch 60.

09 Mar 2022

Chhattisgarh announces old pension scheme for govt employees

Baghel announced the National Rural Employment Guarantee scheme proposal at Rs 1,702 crore. CM Baghel announced a Budget of Rs 1,04,000 crore. The main focus on sectors like agriculture, employment, health, education and infrastructure.

Atal Pension Yojana

02 Sep 2021

Atal Pension Yojana: Invest Rs 7 per day to get Rs 5000 monthly pension

Investors aged between 18 to 40 years can join the Atal Pension Yojana to start investing for their future. The scheme allows investors to opt for monthly pensions starting from Rs 1000 to up to Rs 5000. The pension starts as soon as the investor turns 60.

12 Jun 2021

PPF or NPS? Invest THIS much monthly to earn Rs 1 crore on maturity

PPF and NPS investment schemes are run by the Indian government and come with a slew of benefits. PPF is offering an interest rate of 7.1% compounded on an annual basis. Your investment will be around Rs 73 lakh if you keep investing in PPF for straight 20 years.

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