Pensions

Remarriage does not end a widow's entitlement, says court in interpretation of Central Civil Services (Pension) Rules

Centre approves wage hikes for public sector insurers and Nabard, and pension revisions for RBI and Nabard retirees, benefiting over 93,000 employees and pensioners

The move assumes significance, given that it will benefit about 46,322 employees, 23,570 pensioners, and 23,260 family pensioners

PFRDA CHAIrman S Ramann saiD Access to Pension Products is essential for every Citizen as long-term financial security cannot be left to chance

Tamil Nadu Assured Pension Scheme will provide state government employees with a guaranteed monthly pension of 50% of their last-drawn salary alongside inflation-linked dearness allowance benefits

The court held that the petitioner had consistently disclosed his long-term live-in relationship and the continuous absence of his legally wedded wife throughout his service

Housing-related needs accounted for the highest number of partial withdrawal requests under the National Pension System in FY25, with Rs 1,327.91 crore withdrawn, PFRDA data show

The measure is an "enabler" that will help draw interest from global investors in the pension fund sector over time

The top court last week clarified that under the Central Civil Service (Pension) Rules, resignation results in forfeiture of past service, which makes an employee ineligible for pensionary benefits

The Pension Fund Regulatory and Development Authority will partly permit investment in select debt securities where 'rating from only one credit rating agency will be sufficient'

Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann on Tuesday said the regulator would create an NPS fund-of-funds platform to channelise pension money to select alternative investment funds (AIFs). PFRDA has classified all alternate investment instruments into equity and debt after Sebi categorised Real Estate Investment Trusts (REITs) as equity. "Over the last few years, we have worked to classify alternate assets more clearly, strengthen governance structures, and build a centralised and transparent NPS (National Pension System) fund of funds platform that can select AIFs with rigour and credibility," Ramann said at IVCA DII & Exits 2025. This gives every pension fund, large or small, the confidence to deploy capital without compromising on prudence, he added. "India's next phase of capital formation must be built on strong domestic pools of patient capital. Pension assets, by design, are long-term and stable, and our effort at PFRDA is to create a ...

The retirement fund body EPFO has disposed of nearly 99 per cent of the applications, seeking higher contributions for getting higher pension under the Employees' Pension Scheme (EPS) 1995, Parliament was informed on Monday. Minister of State for Labour & Employment Shobha Karandlaje stated in a written reply to Lok Sabha that the EPFO has taken action to implement the directions issued in the Supreme Court Judgement on November 4, 2022 in a time-bound manner. An online facility was provided and a total 17.49 lakh applications for validation of joint options were successfully submitted by pensioners/ members till last date i.e. July 11, 2023 out of which around 15.24 lakh applications were forwarded by employers to Employees' Provident Fund Organisation (EPFO) till last date i.e. January 31, 2025, she informed the House. As on November 24, 2025, nearly 99 per cent of applications received in EPFO have been disposed of, she also stated. As per her reply, a total of 4,27,308 demand

As the digital life certificate deadline nears, here's a step-by-step guide on how to download a digital copy of your Jeevan Pramaan Patra, the last date, and other relevant information

Benefits cannot be reduced after a department has approved them, it says

Clarification aims to prevent disputes and ensure rightful access to pension benefits for daughters of government employees

New clarification defines how retirement date impacts pension and family pension calculations

Ramann said financial literacy will be the key to the wider adoption of products such as pensions, insurance, and mutual funds

New LC75 and BLC schemes offer central government employees flexible equity exposure and greater control over their retirement investments

Senior citizens can now use PSB Alliance Doorstep Banking Services to submit their digital life certificate (DLC) from home

PFRDA seeks public feedback on draft pension reforms, aiming for clearer wealth tracking and stable long-term returns under NPS and APY