National Pension System
NATIONAL PENSION SYSTEM NEWS
Centre notifies new Unified Pension Scheme as an option to NPS for govt employees
January 27, 2025 9:57 pm
The scheme will see a hike in the government's contribution to 18.5 per cent of the combined sum of basic pay and dearness allowance from 14 per cent earlier, while the share of the employee will be the same at 10 per cent.
Top 10 countries with the most public pension wealth in 2025: Where does India stand?
January 22, 2025 8:38 am
Countries with most public pension wealth in 2025: On the contrary, India, despite being the world's most populous nation, ranks 14th in public pension wealth, with assets totalling $305 billion, according to SWF 2025.
What is Unified Pension Scheme (UPS) 2024: Here's all you need to know
November 22, 2024 9:02 am
Presently, government employees are covered by the National Pension System (NPS), and now have the choice of switching to the UPS plan.
Explained: In Unified Pension Scheme, extra burden on govt but no pushing back on reforms
August 26, 2024 11:28 am
Clearly, the UPS is a political response to the festering grouse among government employees, who form a vocal political constituency. With assured pension expected to benefit over 23 lakh central government employees, states are also expected to join under the UPS. However, the additional strain on state government finances would require caution.
How to login NPS account with Aadhaar's two-factor authentication system?
April 04, 2024 1:40 pm
New e-Insurance Rules 2024: As PFRDA changed the new login rules for National Pension System (NPS), here is how users can log in using the two-factor Aadhaar authentication system from April 1, 2024, onwards.
Govt allows extra borrowing ceiling of over Rs 60,000 crore to states for NPS
December 20, 2023 1:05 am
. States are eligible to borrow Rs 1.43 lakh crore on the recommendation of the power ministry in FY24.
Express View on RBI paper on OPS: Undoing reform
September 21, 2023 8:56 am
Shift to old pension scheme is fiscally imprudent. In run-up to polls, political parties must be mindful of long-term implications
64 amendments in 44 mins, Bill passed with no discussion
March 25, 2023 5:23 am
Soon after, Agrawal adjourned the House till March 27. Apart from bringing changes on taxation through the amendments, Sitharaman also announced a committee headed by the finance secretary to "improve" the National Pension System (NPS).
Rajasthan and Chhattisgarh walk out of National Pension System
June 16, 2022 8:57 am
Sources confirmed that both the states, ruled by the Congress, have stopped contributing any funds from their side to the NPS since April 1.
Rules relaxed: ‘Kin of missing Central govt employee can avail pension’
May 24, 2022 5:26 am
Earlier, the family pension would not be paid till the missing government employee was declared dead in accordance with the law or till seven years had passed since he went missing, a statement issued by the Personnel Ministry said.
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