EPS 95 setback: Government cites EPS fund deficit; will the minimum Rs 1,000 pension stay unchanged?
EPS-95 pensioners hoping for a pension hike will likely be disappointed. The Labour Ministry confirmed an actuarial deficit in the Employees’ Pension Scheme, meaning it’s ...
EPFO clears 99% of applications for higher pensions; fund supports minimum pension of Rs 1,000
Your Retirement Dreams Just Got a Little Closer: Decoding the EPS Pension Boost For years, the Employee Pension Scheme (EPS) of 1995 has been a ...
Govt sets up 3-member panel to revise pay, pension of 1.2 crore
Rethinking Retirement: A New Dawn for Indian Pensioners? For over a crore Indians who’ve dedicated their lives to public service, the golden years are about ...
Aging population : CEA Nageswaran urges long-term savings for India’s elderly; warns of demographic shift
Chief Economic Advisor V Anantha Nageswaran underscored the critical need for long-term savings to ensure financial security, anticipating India’s elderly population will significantly expand by ...
UPS vs NPS: Only 1 lakh of 23L govt employees switch to Unified Pension Scheme; request deadline extension
The government is considering extending the September 30 deadline for switching to the Unified Pension Scheme (UPS) as only 1 lakh out of 23 lakh ...
UPS: EPFO pauses Unified Pension Scheme adoption for its employees; says matter still under consideration
The UPS Pension Plan: A Pause on Progress? For those unfamiliar, the Employees’ Provident Fund Organisation (EPFO) manages the retirement savings of millions of Indians. ...
Retirement planning mistakes: 8 costly errors to avoid – from skipping withdrawal plans to ignoring medical expenses
Many retirees face financial challenges due to inadequate savings, medical emergencies, or inflexible investments. Common mistakes include lacking a withdrawal plan, over-investing in annuities, avoiding ...
NPS vs UPS: Central government employees now have a one-time switch facility available- check details
Central government employees have a one-time opportunity to switch from the Unified Pension Scheme (UPS) to the National Pension System (NPS) by September 30, 2025. ...
Reduced annuity returns after rate cuts: LIC chief
LIC’s new MD & CEO, R Doraiswamy, outlines strategies to maintain market leadership amid evolving financial landscapes. The insurer is balancing par and non-par products, ...
‘Legal issues make reverse mortgage unsuitable’
HDFC Bank’s CEO, Sashidhar Jagdishan, expressed reservations about reverse mortgage loans in India, citing legal and operational challenges. He highlighted ongoing tech upgrades, including a ...
