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Pension & Social Security
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Young Indians: From aspirational spending to aspirational planning
The shift is evident on social media, where conversations...
Wipro awrded multi-year deal from US-based retirement service firm TruStage to transform ops
"Customer expectations in financial services are changing, with a...
SC fastens liability of paying penalty on employer for delay in depositing compensation
"The perusal of the statement of objects of the said legislation makes it crystal clear that the said legislation is a social welfare statute brought in by Parliament to redress the grievances of the employees in case of accidents that may occur in or during the...
Weight-Loss Drugs: Are new weight-loss drugs key to solving the obesity epidemic
Obesity is a serious medical problem as it is associated with cardiovascular diseases, hypertension, hepatic steatosis, sleep apnea syndrome, metabolic abnormalities like type 2 diabetes or dyslipidemia, musculoskeletal disorders, or even cancer (especially colon,...
Various Govt social security schemes enhance confidence among citizens, says PM Modi
``India is going through a period of rapid economic growth and expansion of social security architecture. As India advances towards the vision of Vikasit Bharat 2047, it is important that our efforts remain aligned to widen and reinforce the safety nets available to...
ICICI Pension Fund launches scheme with a health cover
Sivasubramanian Ramann , chairman, PFRDA Comparing the NPS SEP scheme with Aayushman Bharat, Ramann added, "Ayushman Bharat is the biggest (experiment), and I think the boldest experiment and scheme. It's no longer an experiment. It's a full-fledged scheme that is...
Chhattisgarh govt returns to NPS fold for providing pension to its employees
Sivasubramanian Ramann,chairman,Pension Fund Regulatory and Development Authority(PFRDA), said it has allowed banks to sponsor pension funds under the NPS, that will create a level playing field for all sponsors, including asset management companies...
Bajaj Life Insurance to apply for Pension Fund Manager and GIFT City licences
Tarun Chugh, MD & CEO, Bajaj Life Insurance, said, “The Board’s approval for seeking approvals from PFRDA, IFSCA and IRDAI is a pivotal step as there is a pressing need for dedicated pension solutions in India, and a PFM company will allow us to offer a complete...
Urban Company and HDFC Pension forge partneship to secure future of 50,000 service professionals
As part of the affiliation, HDFC Pension will manage pension contributions providing a seamless digital experience for on-boarding, account management and long-term retirement planning, while Urban Company will facilitate awareness and access to the program across its...
PFRDA constitutes 9-member panel to review and modernise NPS investment framework
It will benchmark these norms against global pension systems and assess them in the context of India’s evolving investment ecosystem. The objective is to strengthen the NPS investment architecture to support long-term retirement wealth creation, enhance...
PFRDA constitutes high-level committee to overhaul NPS payouts
According to the Finance Ministry, the committee is established as a standing advisory committee on structured pension payouts. New Delhi: In a move to improve retirement security, the Pension Fund Regulatory and Development Authority (PFRDA) has constituted a...
Consider govt employee’s plea to include live-in partner in family pension: Delhi HC to Centre
A bench of Justices Navin Chawla and Madhu Jain held that the petitioner government employee never concealed his relationship, and treating his efforts to include the names of his partner and children as his family as "grave misconduct" to deny post-retirement...