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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.

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.

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.

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.

SEBI wants young, high-earning workers' pension money in MFs

Last Updated: Thursday, February 20, 2014, 14:35

Market regulator SEBI has pitched for a part of money lying in employee pension funds to be invested in mutual fund schemes for investors aged below 40-45 years and those earning over Rs 6,500 per month.

Need new fund-raising avenues to meet capital requirements

Last Updated: Friday, November 29, 2013, 15:52

Alternate avenues for fund raising like insurance and pension funds need to be tapped into to meet India's growing capital requirements and to achieve the growth target of 8 percent during the 12th Plan period, says a study.

Higher contributions to pension in new cases not allowed: EPFO

Last Updated: Tuesday, November 12, 2013, 18:34

Retirement fund body EPFO will not allow higher contribution towards pension scheme in fresh cases for time being as it causes additional financial burden on the Employees' Pension Scheme 1995 (EPS-95).

CRPF constable siphons off Rs 53 lakh pension funds

Last Updated: Saturday, August 24, 2013, 22:05

City police have uncovered a scam, in which a CRPF constable allegedly got Rs 53 lakh of monthly pension of a few retired employees of para-military forces, credited to his wife`s account over a period of time.

PF, pension funds can soon invest in corporate bonds

Last Updated: Friday, November 09, 2012, 20:11

The Finance Ministry on Friday said it will soon relax norms to enable pension and provident funds to invest in the corporate bond market, with a view to provide an additional funding source for infrastructure projects.

Future of pensioners will crash with FDI: Mamata Banerjee

Last Updated: Sunday, October 07, 2012, 22:59

Intensifying her tirade against Centre for allowing FDI in pension funds, Mamata Banerjee said future of pensioners in country would be jeopardised.

Trinamool to stick to pre-election stand on reform

Last Updated: Friday, July 20, 2012, 17:14

The Trinamool Congress is sticking to its pre-election stance on opposition to FDI in retail, privatisation of pension funds and forward trading, party leader Mukul Roy said on Friday.

EPFO may fix minimum pension at Rs 1,000 per month next week

Last Updated: Sunday, February 19, 2012, 14:45

Retirement fund body EPFO may take a final decision on fixing the minimum pension for its subscribers at Rs 1,000 per month, during a meeting of the Central Board of Trustees (CBT) scheduled on February 22.