New Pension Scheme

Explained: Why Punjab’s decision to revert to Old Pension Scheme could be disastrous

Punjab’s Bhagwant Mann announced that his government was looking into the possibility of reverting to the old pension regime, which was discontinued in 2004. In recent times, states such as Chhattisgarh, Rajasthan, Jharkhand have reverted to the old scheme, much to the concern of financial experts

Narendra Modi govt's decision not to junk New Pension Scheme of NDA-1 is bold, avoids fiscal profligacy

Finance Minister Arun Jaitley told the Lok Sabha in his budget speech that India should move towards the ideal of a pensioned society.

Niti Aayog says over 31 lakh new jobs generated in six months between September-February 2018

Niti Aayog said information on job creation was based on the additions made in payrolls from Employees' Provision Fund Organisation for all age-groups.

Finmin wants to cut EPF rates by 50 bps: Will it give way to better investments?

The Finance Ministry has been following the cost reduction approach in the process spurning and undermining the more demanding income-enhancement approach.

OROP impact will taper off gradually if replaced with NPS pronto

It is a tad curious that the government of the day then did not deem it necessary to rope in the armed forces personnel as well into the NPS.

Budget 2015: Jaitley incentivises middle class tax payers

The finance minister wants you to save more for your twilight years; pension funds and health insurance firms are the biggest beneficiaries.

Budget 2015: Government will revamp salary payment laws

The government today proposed to revamp laws governing salary payment and granting employees a choice over how they get salary.

Honey, the EPFO just shrunk our retirement funds. It's time for an exit option

The EPFO's returns on your investments have not been able to beat inflation for a while now. It needs to invest in equity, or at least offer an exit for subscribers who would like to opt for the NPS

PFRDA allows subscribers lump sum withdrawal on exit

Stakeholders informed PFRDA that subscribers be given a specific option to defer or time the entire lump sum withdrawal (maximum 60 percent) at the time of exit.

Whose pension scheme is it anyway? A pick-me-up for NPS

The New Pension Scheme, which was opened up to the general public just before the 2009 general election, has been a failure so far. No one has been selling it with enthusiasm. The Bajpai committee has suggested remedial measures.