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Pension

US Pension fund - What to Expect from US Markets and Pension Funds

US Pension fund - What to Expect from US Markets and Pension Funds

Wed, Nov 29, 2023

Big investment will come in the domestic market #USPensioFund In preparation for investment, how much money will come into the market from US? In which stocks US pension funds invest? Know the complete news in this video

Will BSNL, Department of Telecommunications pensioners get hike in payment?

Will BSNL, Department of Telecommunications pensioners get hike in payment?

Thu, Mar 05, 2020

Pension revision - Is it possible?

EPFO: Provident fund interest rates alert! What 6 crore subscribers should know

EPFO: Provident fund interest rates alert! What 6 crore subscribers should know

Sun, Mar 01, 2020

Here is an important news for around six crore subscribers of retirement fund body Employees' Provident Fund Organisation (EPFO).

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NPS Pension: Share of government increased but employees are unhappy, and on strike - Here is why

NPS Pension: Share of government increased but employees are unhappy, and on strike - Here is why

Wed, Feb 06, 2019

Over 20 lakh Uttar Pradesh government employees went on a strike on Wednesday to demand restoration of the old pension scheme. The employees are protesting against the state's new pension scheme under which the share of the government has been raised from 10 per cent to 14 per cent.

Old age pension can't be linked to minimum wage, Centre tells SC

Old age pension can't be linked to minimum wage, Centre tells SC

Sat, Dec 01, 2018

The Central government on Friday rejected the suggestion linking old age pension with minimum wage saying that while minimum wage was earned, the old age pension was a social welfare measure.

You won't believe who is getting pension worth Rs 20,000 per month in this state

You won't believe who is getting pension worth Rs 20,000 per month in this state

Wed, Nov 14, 2018

Shocking revelations have been made about the people who are getting massive amounts as pension illegally! Pensions are for the old and needy to fill their basic needs.Shocking revelations have been made about the people who are getting massive amounts as pension illegally! Pensions are for the old and needy to fill their basic needs.

Contributory provident fund, pension row: Good news for teachers, Court gives this money order to state

Contributory provident fund, pension row: Good news for teachers, Court gives this money order to state

Tue, Nov 06, 2018

A government servant has nothing but money uncertainty, even penury, to face if he does not have Provident Fund and pensions.

RBI Strike: Employees to strike for 2 days over pension demands

RBI Strike: Employees to strike for 2 days over pension demands

Mon, Aug 20, 2018

The forum said in a press statement today that its members also held a silent demonstration near the RBI office in Hyderabad.

Pension, provident fund, surplus funds of this segment to change

Pension, provident fund, surplus funds of this segment to change

Tue, Jul 31, 2018

A diverse set of initiatives have been taken as part of a drive to boost profitability across major ports, including improving the returns earned on treasury investments by the ports for pension, provident and surplus funds, Ministry of Shipping said in a statement today.

Centre pitches for Rs 1K pension, free life cover for construction workers

Centre pitches for Rs 1K pension, free life cover for construction workers

Thu, May 17, 2018

According to the recent ministry estimates, around Rs 42,000 crore has been collected as construction workers welfare cess by states and Union Territories. Of this, around Rs 12,000 crore has been spent. The Building and Other Construction Workers Welfare Cess Act, 1996, provides for levy and collection of cess. The cess is being collected at 1 per cent of the cost of construction.

Centre cracks whip, bans selfies by government employees on pension forms

Centre cracks whip, bans selfies by government employees on pension forms

Tue, May 15, 2018

Central government employees readying for retirement have been issued a fiat by the personnel ministry that has banned them from taking selfies and pasting them on their forms as official photographs. There were more dos and don’ts for civil pensioners, check them out:

E-Pension Payment Order: Service extended to all defence pensioners

E-Pension Payment Order: Service extended to all defence pensioners

Mon, May 14, 2018

The shift to e-PPO system from manual system is expected to minimise delays in pension disbursement and further revision as and when needed, the statement said. This initiative will also eliminate the occurrence of human errors in data entry at multiple levels

Know all about 7th Pay Commission recommendations

Know all about 7th Pay Commission recommendations

Mon, Feb 12, 2018

The minimum pay of an entry-level government employee is increased from Rs 7,000 to Rs 18,000 per month

Union Budget: Trade unions for Rs 5 lakh tax-free income, Rs 3,000 pension

Union Budget: Trade unions for Rs 5 lakh tax-free income, Rs 3,000 pension

Wed, Dec 06, 2017

Central trade unions today pitched for tax exemption on income of up to Rs 5 lakh, minimum monthly wage of Rs 18,000 and Rs 3,000 minimum pension for workers in a pre-budget consultation with Finance Minister Arun Jaitley.

From opening bank account to getting a mobile number, 10 places where Aadhaar is required

From opening bank account to getting a mobile number, 10 places where Aadhaar is required

Fri, Sep 08, 2017

Though the legal battle with Supreme Court has ended, the government is expanding the use of Aadhaar with each passing day.

No need for govt employees to visit bank to start pension: Govt

No need for govt employees to visit bank to start pension: Govt

Sun, Aug 06, 2017

There is no need for central government employees to visit banks to start pension as their copy of the Pension Payment Order (PPO) will be handed over to them at the time of retirement, the Personnel Ministry has said.

India will have a Rs 54.75 lakh crore shortfall in pension savings in 30 years, WEF says

India will have a Rs 54.75 lakh crore shortfall in pension savings in 30 years, WEF says

Sat, Jun 03, 2017

With hundreds of millions of people approaching the age of retirement in India, is the country prepared to face the onset of retirement? A report by World Economic Forum pointed out that India will fall short of $85 trillion (nearly Rs 54.75 lakh crore) in pension savings by 2050.

7th Pay Commission: Committee on Allowances submits report; here's what happens next

7th Pay Commission: Committee on Allowances submits report; here's what happens next

Tue, May 02, 2017

"The decision to set-up the Committee was taken in view of significant changes recommended by the 7th CPC in the allowances structure and a large number of representations received in this regard from various Staff Associations as well as the apprehensions conveyed by various Ministries / Departments," Ministry of Finance said in a statement on April 28, 2017.

7th Pay Commission recommendation: Your allowances hike may have wait a big longer; here's why

7th Pay Commission recommendation: Your allowances hike may have wait a big longer; here's why

Fri, Mar 10, 2017

A Lavasa panel tasked tasked with examining the 7th Pay Commission’s (7th CPC) recommendations on allowances has been unable to reach a conclusion in its last scheduled meeting held on March 3 and will have few more meetings before it submits its report to FM Arun Jaitley

Amount transferred from PF to NPS not taxable: FinMin

Amount transferred from PF to NPS not taxable: FinMin

Wed, Mar 08, 2017

The amount transferred from a recognised Provident Fund or superannuation fund to NPS would not be treated as income of the current year and, as such, would not be taxable.

Single form soon for firms to enrol with EPFO, ESIC

Single form soon for firms to enrol with EPFO, ESIC

Sun, Mar 05, 2017

Similarly, ESIC provides mandatory health cover to formal sector workers and facility of cashless health treatment.

Ford sees lower 2017 profits, takes hit from pensions, Mexico

Ford sees lower 2017 profits, takes hit from pensions, Mexico

Thu, Jan 26, 2017

Ford Motor Co has reported a loss of $783 million in the fourth quarter of 2016.

Assured 8% return to aged: Cabinet approves Varishtha Pension Bima Yojana

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.

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