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pension News

Life insurers seek tax parity with National Pension Scheme

The firms also want principal amount in an annuity to be given tax exemption

Pension to retired artistes delayed: MSHRC asks govt to improve disbursal system

In 1954, the state government’s culture department had enacted a pension scheme for aged and retired folk artistes in acknowledgment of their contribution to society.

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Maharashtra state pension rights body threatens stir

The Maharashtra State Old Pension Rights Association of government employees has decided to hold an agitation at Azad Maidan on Tuesday demanding amendment in the pension scheme on lines of Union government scheme. According to the association, the state government introduced the new pension scheme in 2005 on the lines of the Union government scheme. […]

Delhi: United in demand for pension, thousands protest at Jantar Mantar

The protest was organised by Pension Parishad, and on Monday, a “jan manch” will be set up to address the issues at Jantar Mantar. From Cuddalore in Tamil Nadu came a train full of 1,200-plus protesters, and eight buses from Rajsamand in Rajasthan.

Demand to increase pension not accepted, NAC proposes to offer one-month services for free

Based on their experiences and skills they would contribute towards the cause of nation-building and in "this way, the government will receive a total workforce of 13.50 crore man days per year and the money saved from this would roughly amount to Rs 20,250 crore," he said.

India needs to evolve into a pensioned and insured society: Arun Jaitley

"As the income increases, your ability to take out a part of your income and invest for safer future is also going to be important," Jaitley said.

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Haryana: Pension and allowance disbursed to 117 dead people, High Court told

Advocate Pardeep Kumar Rapria, who represents the complainant in the case, said the government has maintained silence about the similar instances in other districts in an “attempt to save other officers who could face similar charges of embezzlement.”

Planning savings for your retirement — pension and retirement plans

Pension plans are today varied and cater to every age group. There are tailor made plans to suit you as you retire and there are others that you can chose early in life.

Punjab farmer accuses SBI of refusing pension over unpaid loan

The bank said it was unable to allow the withdrawal of Rs 1,500 as pension because the amount "has not been credited" by the state government. "How can we disburse pension when it has not been credited (by the state government)," said Raghav Gupta, Deputy Manager, SBI Gurusar branch.

The winding, (sometimes) bumpy road to pension reform

With increasing longevity and the rise in the number of the elderly, it was clear that the pension scheme would leave a huge hole in the government’s coffers in the medium and long term.

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Differently-abled protest against PWD in Chennai

Chennai, Feb 08 (ANI): More than 300 differently-abled people protested outside the Public Work Department (PWD) office in Chennai on Monday, demanding better amenities and pension for people with 40% disability. They also demanded probe into the misuse 3% reservations, which was given to the differently-abled people. They have decided to carry on the protest till their pleas are heard.

EXPLAINED: One Rank One Pension

One rank, one pension (OROP) for military veterans was one of the first public promises made by Narendra Modi in his campaign which immediately won him the support of a majority of veterans in the country.

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