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Pension scheme News

28 Apr 2025

EPS 1995: What Is Family Pension Scheme? Check Eligibility And Benefits

EPS Pension Scheme 1995: If an unmarried employee passes away, their parents are entitled to receive the full pension for the rest of their lives.

22 Mar 2025

Will EPFO Approve Rs 9,000 Pension For Private Workers? Check Details

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Universal pension scheme

26 Feb 2025

Modi Govt's Big Welfare Push: Universal Pension Coming Soon For All Indians

The Indian government is developing a universal pension scheme for all citizens, including those in the unorganised sector. The scheme will cover individuals aged 18 and above, including unorganised workers, traders, and self-employed people, ensuring broader access to pension benefits. This initiative aims to provide financial security to workers who are currently excluded from large government savings programs.

26 Feb 2025

Voluntary Pension Scheme On The Card; Open To All, No Job Or Employment Needed

The Labour Ministry has initiated talks on the voluntary and contributory pension plan that would enable people from all backgrounds to save for their retirement, irrespective of their work status.

06 Feb 2025

Pension Scheme For e-Commerce Delivery Agents Soon To Become Reality?

This assumes significance in view of the Budget announcement earlier this month by Finance Minister Nirmala Sitharaman about rolling out of a social security scheme for one crore gig workers engaged with online platforms.

08 Jan 2025

Is Your Employer Deducting Your PF From Salary But Not Depositing With EPFO?

the Employees' Provident Fund Scheme 1952 (EPF), the Employees' Pension Scheme 1995 (EPS), and the Employees' Deposit Linked Insurance Scheme 1976 (EDLI). Are you sure your employer is contributing to your EPFO fund? Find out how to check and ensure your retirement savings are on track.

25 Oct 2024

Centre Offers Additional Compassionate Pension After 80; Check New Guidelines

Additional Pension After 80 Years: The DoPPW notification stated that the additional pension or compassionate allowance would be effective from the first day of the month when the pensioner reaches the designated age.

New Pension scheme

25 Oct 2024

Big news for pensioners

New Simplified Pension

30 Aug 2024

New Simplified Pension Form Launched For Retiring Central Government Employees

Mr. Singh mentioned that introducing the simplified form is part of the government's ongoing efforts to make life easier for citizens and pensioners.

Unified Pension Scheme

25 Aug 2024

‘Unified Pension Scheme’ Vs NPS? Key Differences Explained

Retirees receive 50 per cent of their average basic pay from the last 12 months of service if they have at least 25 years of service.

Unified Pension Scheme

25 Aug 2024

Unified Pension Scheme: From Inflation Protection To Family Pension Benefit

Prime Minister Narendra Modi's Cabinet introduced the Unified Pension Scheme (UPS), starting April 1, 2025. Combining the best features of the Old Pension Scheme (OPS) and the National Pension Scheme (NPS), it will provide guaranteed pensions, family pensions, and minimum pensions to 23 lakh government employees. Here are the key benefits of the new scheme.

10 Jul 2023

Married couple can get Rs 72,000 yearly pension by investing Rs 200 per month

The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) was rolled out by the Ministry of Labour and Employment in 2019. The scheme lets married couple earn a yearly pension of Rs 72,000 by investing as little as Rs 200 per month.

27 Feb 2023

Good News For EPFO Subscribers, Date to Apply For Higher Pension Extended

EPFO Higher pension update: Earlier, there were apprehensions that March 3, 2023 is the last date for opting for higher pension.

19 Jan 2023

Old Pension Scheme vs the New Pension System: is OPS a financial burden?

Only last week the Congress-led Himachal govt announced the restoration of the Old Pension Scheme (OPS) for the govt employees. Infact OPS was one of the major reasons that led to Congress’s victory in Himachal elections.

03 Jan 2023

SC ruling on HIGHER PENSION: Who can apply for it? Check process to apply

The Supreme court in its order gave four more months to eligible subscribers to opt for higher pension under EPS-95. The court had also struck down the requirement in the 2014 amendments mandating employee contribution of 1.16 per cent of the salary exceeding Rs 15,000 per month. This will facilitate the subscribers to contribute higher to the scheme and get enhanced benefits accordingly.

22 Dec 2022

EPF: Govt says THIS on implementing SC verdict on allowing higher pension

The apex court order provides that employees who were existing EPS-95 members as on September 1, 2014 can contribute up to 8.33 per cent of their actual salaries, as against 8.33 per cent of the pensionable salary capped at Rs 15,000 a month, towards pension.

23 Nov 2022

Married couple can get Rs 72,000 yearly pension by investing Rs 200 per month

How married couples can get Rs 72,000 yearly pension under Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Scheme? Check the calculation below.

Himachal Pradesh

11 Nov 2022

Will fulfill every promise on OPS - Congress

Congress party's statement on OPS has come to the fore. Congress leader Rajiv Shukla said in a conversation with Zee News that OPS will be implemented in any case.

13 Sep 2022

EPFO ने दी pensioners को राहत वाली खबर

Now EPS'95 pensioners can submit Life Certificate at any time, know how.

01 Sep 2022

Big change in National Pension Scheme: PFRDA modifies rule on trail commission

PFRDA permits trail commission payment through points of presence for National pension system accountholders. The D-Remit feature was made available by PFRDA to subscribers so they can easily deposit their voluntary contributions. D-Remit views as a 'subscriber centric measure' to enable contributions into PRANs from their savings bank account through Net banking/UPI.

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