Page 5 - Latest Updates on pension scheme
Old pension scheme will put burden of Rs 1.10 trn on exchequer: Fadnavis
Maharashtra Deputy Chief Minister Devendra Fadnavis said the govt will not revert to the old pension scheme as it would put a burden of Rs 1.10 trn on the exchequer and lead to bankruptcy of the state
 "Old pension scheme will put burden of Rs 1.10 trn on exchequer: Fadnavis")
Development took place even when old pension scheme was in place: Gehlot
Gehlot called upon other states to revive the old pension scheme and also demanded a uniform policy for social security in the entire country
 "Development took place even when old pension scheme was in place: Gehlot")
No proposal with government to restore old pension scheme, says minister
There is no proposal under the Central government's consideration to restore the old pension scheme, the Parliament was told on Monday
 "No proposal with government to restore old pension scheme, says minister")
No proposal for restoration of old pension scheme: Bhagwat Karad
Under the old pension scheme, employees get a defined pension. Under this, an employee is entitled for a 50 per cent amount of the last drawn salary as pension
 "No proposal for restoration of old pension scheme: Bhagwat Karad")
Himachal election results: Cong wins battle of tradition, faces CM hurdle
Locals say two factors played an invisible role in the BJP's defeat: one, the turnout of women in this time was 17% higher; second, the Agnivir scheme in a state that sends a large number of soldiers
 "Himachal election results: Cong wins battle of tradition, faces CM hurdle")
7.4% interest rate locked in for 10 years: Who should buy LIC's PMVVY
SCSS, which offers 80C benefit, allows you to lock in at 7.6% for five years
Almost 79% migrants availed PDS at their home locations, says study
This is because 79 per cent of them avail PDS only at their home locations, a new study has found
 "Almost 79% migrants availed PDS at their home locations, says study")
Consistency should be key criterion when choosing NPS fund manager
Asset allocation to NPS should depend on age, risk appetite and asset mix in existing investments
NITI Aayog VC says old pension scheme will burden future taxpayers
NITI Aayog VC Suman Bery expressed concern over the revival of Old Pension Scheme by some states, saying it would burden future taxpayers at a time when India needs to focus on fiscal prudence
 "NITI Aayog VC says old pension scheme will burden future taxpayers")
Kejriwal promises old pension scheme by Jan 31 ahead of Gujarat polls
Delhi Chief Minister Arvind Kejriwal made a written assertion that AAP will form government in Gujarat after the upcoming Assembly polls
 "Kejriwal promises old pension scheme by Jan 31 ahead of Gujarat polls")
Politics over pension
States cannot afford a return to the old system
Old Pension Scheme approved by Punjab Cabinet, says CM Bhagwant Mann
Punjab Chief Minister Bhagwant Mann on Friday said that the state cabinet has approved the reimplementation of the old pension scheme, which was discontinued in 2004
EPFO to appoint actuary firm for its pension and insurance schemes
The approved consultant will be empanelled with the EPFO headquarters in New Delhi for a tenure of three years
 "EPFO to appoint actuary firm for its pension and insurance schemes")
Which investors will lose the most money because of FTX's implosion?
Out of all the investors, at least two major shareholders, Sequoia and Paradigm, have decided to mark their investments down to zero
 "Which investors will lose the most money because of FTX's implosion?")
Money in NPS belongs to people, can't go back to state govts as per law: FM
Both the Congress-ruled states have notified the reintroduction of OPS for government employees and have said the Centre cannot hold back employees' money
 "Money in NPS belongs to people, can't go back to state govts as per law: FM")
Supreme Court caps maximum pensionable salary at Rs 15,000 under EPS
Order gives employees four months to join
 "Supreme Court caps maximum pensionable salary at Rs 15,000 under EPS")
SC allows 4-month time for employees under EPS to opt for increased pension
Eligible employees who had not opted for enhanced pension coverage prior to 2014 can jointly do so with their employers within the next four months
Punjab: 90,248 deceased beneficiaries of pension schemes identified
A survey of beneficiaries of various pension schemes in Punjab found 90,248 of such beneficiaries as deceased, said an official statement here
Bank employees' unions call for restoration of old pension scheme
Submit charter of demand for wage revision as part of 12th bipartite settlement
Punjab announces to restore old pension scheme for state govt employees
The Punjab government on Friday decided to restore the old pension scheme for its employees, with Chief Minister Bhagwant Mann terming it a Diwali gift for the state staff
 "Punjab announces to restore old pension scheme for state govt employees")
