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PFRDA hopes for concrete proposals in next Budget

PFRDA hopes for concrete proposals in next Budget

Last Updated: Sunday, July 13, 2014, 13:06

Under the Swavalamban scheme, the government pays a fixed contribution of Rs 1,000 per account for enrolment.

Cong demands OROP benefits for Para Military Forces

Last Updated: Friday, July 11, 2014, 19:00

A day after Union government allocated Rs 1,000 crore under `One Rank One Pension` for the ex-servicemen in the budget, Congress demanded the Centre to sanction benefits of the scheme to the retired Para Military Forces officials.

Proposal for Rs 1,000 minimum monthly pension approved: Govt

Last Updated: Monday, July 07, 2014, 15:22

Government has approved minimum monthly pension of Rs 1,000 under Employees Pension Scheme 1995 (EPS-95) run by the retirement body Employees' Provident Fund Organisation (EPFO), Parliament was informed Monday.

PFRDA asks funds to match Rel Capital's bid for pension corpus

Last Updated: Sunday, July 06, 2014, 14:13

The total assets under management is about Rs 56,000 crore comprising of both government and non-government employees' contribution.

Akhilesh approves ``e-pension`` scheme

Last Updated: Wednesday, July 02, 2014, 23:12

Uttar Pradesh Chief Minister Akhilesh Yadav Wednesday approved the implementation of the `UP e-pension system` for the benefit of lakhs of pensioners in the state.

Kerala plans to raise age for getting diaspora pension

Last Updated: Monday, June 30, 2014, 13:42

The Kerala government is planning to raise from 55 years to 60 the age for expatriates to register their names in the diaspora pension scheme, a minister said here Monday.

New measures on anvil to attract sovereign wealth funds

Last Updated: Wednesday, June 25, 2014, 21:11

Looking to attract larger inflows from sovereign wealth funds and foreign pension funds, central government and financial sector regulators have renewed their efforts to make Indian markets, especially government bonds, much more appealing to such investors.

When Rajendra Prasad`s pension went to govt`s calamity fund!

Last Updated: Monday, June 23, 2014, 21:54

The pension of India`s first President Rajendra Prasad and salary of late Prime Minister Lal Bahadur Shastri were sent to the government`s calamity fund as they refused to accept these, while Lord Mountbatten received a princely Rs 64,000 as TA/DA for returning home.

Canadian pension fund to invest Rs 2,000 cr in L&T infra arm

Last Updated: Monday, June 23, 2014, 19:19

This is the first direct private investment by a Canadian pension fund in a domestic infra development company, Group Chief Financial Officer R Shankar Raman said.

Japan readies to unshackle huge pension fund

Last Updated: Sunday, June 15, 2014, 12:58

The bid to shake up Japan's slumbering economy after two decades of drift began in early 2013.

PFRDA finalising regulations for intermediary institutions

Last Updated: Sunday, June 15, 2014, 12:09

The intermediary agencies for whom the regulations are being framed include points of presence and aggregators.

Old, disabled retirees should get pension at doorstep: Govt

Last Updated: Friday, June 13, 2014, 15:59

An online Pension Sanction and Payment Tracking System called 'BHAVISHYA' has been launched.