Page 3 - Latest Updates on pension scheme
Long lock-in, but safe investment: What NPS can do for your financial goals
NPS is an excellent product for retirement planning, provided you stay put till maturity
 "Long lock-in, but safe investment: What NPS can do for your financial goals")
Himachal Pradesh govt issues notification for granting pension to women
Providing Rs 1,500 monthly to women was one of the 10 "guarantees" given by the ruling Congress in Himachal Pradesh ahead of the Assembly polls
 "Himachal Pradesh govt issues notification for granting pension to women")
Make your retirement portfolio last longer, withdraw funds conservatively
A recent study suggests a withdrawal rate of 3-3.5%, but financial advisors suggest erring on the side of caution
 "Make your retirement portfolio last longer, withdraw funds conservatively")
Nagaland govt employees protest, demand restoration of old pension scheme
A large number of government employees in Nagaland took to the streets on Friday, demanding scrapping of the new pension scheme' and restoration of the earlier system
 "Nagaland govt employees protest, demand restoration of old pension scheme")
EPFO releases guidelines for EPS members having multiple accounts
The present guidelines are to streamline the claims process, as many times a member has multiple accounts and the contributed amount varies, causing trouble during the calculation of the amount
 "EPFO releases guidelines for EPS members having multiple accounts")
TMS Ep572: Old pension scheme, Tesla in India, markets this week, Houthis
Is the old pension scheme making a comeback? Have the stars aligned for Tesla's India entry? How will markets play out in this holiday-truncated week? Who are the Houthis? All answers here
 "TMS Ep572: Old pension scheme, Tesla in India, markets this week, Houthis")
US pension fund's index switch: Indian equity mkts set for $3.6 bn bonanza
Changing benchmark will trigger $3.6 bn inflows into domestic equities
 "US pension fund's index switch: Indian equity mkts set for $3.6 bn bonanza")
RSS backed-Bharatiya Mazdoor Sangh asks govt to restore Old Pension Scheme
Bharatiya Mazdoor Sangh and its affiliated federations and unions have opposed NPS, labelling it a non-guaranteed, market-based contributory pension scheme
 "RSS backed-Bharatiya Mazdoor Sangh asks govt to restore Old Pension Scheme")
Govt employees to hold Family March on Nov 8 for Old Pension Scheme in Maha
The employees have been disappointed with the Maharashtra government for not fulfilling their demand for the OPS, which provides an assured and reliable source of income post-retirement
 "Govt employees to hold Family March on Nov 8 for Old Pension Scheme in Maha")
Assembly polls: The age-old debate on OPS vs NPS is not retired hurt, yet
NMOPS swings for the fences as it attempts to hit a home run with a non-negotiable demand: restore the earlier pension scheme with fixed returns
 "Assembly polls: The age-old debate on OPS vs NPS is not retired hurt, yet")
OPS vs NPS: Why did government employees hold a rally at Ramlila Maidan?
The protesters said that the party which promises to restore the old pension scheme should be voted to power in the 2024 Lok Sabha polls
 "OPS vs NPS: Why did government employees hold a rally at Ramlila Maidan?")
Table: Pension plans of various companies, terms and fees explained
Regular Pay, Single Pay and Single Pay Deferred Annuity schemes explained in Policybazaar table
 "Table: Pension plans of various companies, terms and fees explained")
Only 3.62% of Rajasthan's workers registered to Centre's pension scheme
Four years since its launch, the Rajasthan authorities have managed to enrol less than five per cent of its unorganised workers in the Pradhan Mantri Shram Yogi Maandhan Yojana
 "Only 3.62% of Rajasthan's workers registered to Centre's pension scheme")
Pension reform reversal
The fiscal burden of states will increase over time
States reverting to OPS poses significant fiscal risks: RBI paper
However, the RBI clarified that the views expressed in the article are "those of the authors" and do not necessarily represent the views of the central bank
 "States reverting to OPS poses significant fiscal risks: RBI paper")
LIVE: Pak's caretaker PM gives Rs 2 mn each to 100 Christian families
Catch all the latest updates from across the globe here
 "LIVE: Pak's caretaker PM gives Rs 2 mn each to 100 Christian families")
Implementation of OPS will be done in 1st cabinet meeting: Bhupinder Hooda
"When our government will come, we will implement the OPS scheme in the first cabinet meeting," he said
 "Implementation of OPS will be done in 1st cabinet meeting: Bhupinder Hooda")
EPFO to appoint actuary to get consultancy for insurance, pension scheme
The proposal to elicit response from the interested actuarial firms was issued on Friday and the process is slated to commence by August 17
 "EPFO to appoint actuary to get consultancy for insurance, pension scheme")
21% unorganised workers opted out of Centre's pension scheme in six months
PM-SYM is a voluntary contributory pension scheme that aims to bring millions of unorganised workers into the social security net
 "21% unorganised workers opted out of Centre's pension scheme in six months")
After restoring OPS, debt-ridden Himachal hits market for Rs 800 cr loan
Despite facing financial restrictions, CM is saying the government is actively focused on resource mobilization by initiating measures to generate additional revenue for the exchequer
 "After restoring OPS, debt-ridden Himachal hits market for Rs 800 cr loan")
