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pension scheme News
New pension scheme: Bihar government increases contributions for university employees to 14 pct
Fri, Sep 04, 2020
Earlier a total 10 per cent of the sum of basic salary and DA of the university staff used to be deducted as their contribution and the same amount used to be deducted from their employers. Now the deduction has been raised to 14 per cent which will ultimately benefit the university employees, he said.
Atal Pension Yojana Online: Just Rs 376 pm investment can give you Rs 5000 pm in hand; here is how to get top pension
Fri, May 29, 2020
Atal Pension Yojana (APY) is a social security scheme. Under the APY scheme, the government aims to secure pension from Rs 1000 to Rs 5000 per month to people employed in the urnorganised sector.
Pension Scheme: Your Rs 55 monthly investment can fetch Rs 3,000 pension; invest in PMSYM plan, live stress-free life
Fri, May 01, 2020
PM-SYM Pension Scheme: The Government of India (GoI) has introduced Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) — a pension scheme — which aims to give financial freedom to a person post-retirement.
This Modi government scheme is set to benefit 3 crore retail traders, shop keepers
Sat, Jun 01, 2019
Under this scheme, all shopkeepers, retail traders and self-employed persons are assured of a minimum monthly pension of Rs 3,000/month after attaining the age of 60 years
SAIL introduces pension scheme for current and former employees
Tue, Apr 30, 2019
Steel Authority of India Ltd (SAIL) said that it has introduced its pension scheme for the benefit of its eligible ex-employees and employees in line with the guidelines issued by the DPE and with the approval of the Ministry of Steel.
Big gift for 5 lakh pensioners: This software ends all pension woes; Check features, benefits
Sun, Dec 30, 2018
Narendra Modi launched a pension management software SAMPANN (System for Accounting and Management of Pension) to assist and provide additional benefit to pensioners of the telecom department.
Employees Provident Fund wage ceiling at Rs 21,000 may soon become reality
Sat, Dec 02, 2017
The aim of the EPF scheme is to promote retirement savings for employees across India. The amount contributed to the fund is based on a fixed rate.
Why stick with FDs when these six financial instruments can give over 7% returns
Sun, Aug 13, 2017
With the rates of fixed deposits falling, should you still invest in it? There are various financial instruments which are safe like FDs and can give returns of over 7%.
PMVVY launch: Should you invest Rs 1.5 lakh to get Rs 1000 per month?
Fri, Jul 21, 2017
Finance Minister Arun Jaitley will be officially launching Pradhan Mantri Vaya Vandana Yojana (PMVVY) today.
Govt to launch pension scheme 'PMVVY' for senior citizens; Here are the details
Thu, Jul 20, 2017
As per the Ministry, Pradhan Mantri Vaya Vandana Yojana will provide an assured return of 8% per annum payable monthly (equivalent to 8.30% p.a. effective) for 10 years.
Tata Steel UK's pensions trustee warns deficit to surge
Fri, Jan 27, 2017
Tata Steel's UK steel unit pension scheme deficit is set to ballon to 1-2 billion pounds ($1.25-$2.5 billion) and Britain`s largest steelmaker believes it could face insolvency unless a way can be found to tackle it.
Assured 8% return to aged: Cabinet approves Varishtha Pension Bima Yojana
Tue, Jan 24, 2017
The scheme will be open for subscription for a period of one year from the date of launch, Ministry added.
Tata Steel offers to pay millions for pension scheme revamp
Fri, Jan 13, 2017
Tata Steel Ltd has offered to pay hundreds of millions of pounds to its pension scheme to release a guarantee the fund holds over its Dutch assets, as the Indian firm moves closer to merging its European assets with Germany`s Thyssenkrupp , the Financial Times reported.
TCS helps 100,000 employers sign-up for pension scheme in UK
Tue, May 17, 2016
NEST requires all UK employers to enroll their eligible workforce into a qualifying workplace pension scheme.