pension fund

PENSION FUND 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.

New proposal: States say will settle for lower, but an assured pension

October 04, 2023 5:51 pm

At present, while the government contribution is 14 per cent under NPS, an employee contributes 10 per cent of his salary plus DA.

In Jharkhand, pension net widens, 15 lakh beneficiaries added in over 3 years

April 01, 2023 9:13 am

In the first 19 years since the state was carved out of Bihar in November 2000, 6.6 lakh beneficiaries were registered as pensioners across five categories.

One-time option for some Central govt employees to choose OPS

March 05, 2023 12:08 pm

The department, which comes under the Ministry of Personnel, Public Grievances and Pension, issued the memorandum on Friday.

Tax sops lure 1.3 lakh subscribers to National Pension System in FY16

April 13, 2016 2:16 am

Since its launch in July 2015, Atal Pension Yojana has 20 lakh subscribers

PFRDA keen to regulate pension schemes under Sebi, IRDA

December 25, 2015 11:26 pm

While pension schemes of insurers are under the Insurance Regulatory and Development Authority, schemes floated by mutual funds are regulated by the Securities and Exchange Board of India.

National Pension System: Investments in PE, VC funds, 75% in equity in the works

June 02, 2015 3:16 am

Pension regulator examining recommendations of Bajpai panel that calls for greater flexibility to NPS.

NPS: Govt staffers may go for higher equity exposure

March 11, 2015 1:57 am

PFRDA plans to provide several investment options.

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