As per the deal, Wipro’s existing FCA-regulated entity Wipro...
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Pension & Social Security
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No proposal to change retirement age of govt employees: Centre
"No proposal to change the retirement age of government employees...
EPFO achieves a historic high of 21.6 million claim settlement as on March 6
At present, 96 per cent corrections are being done without any EPF...
EPFO to soon disburse pension to over 73 lakh pensioners in one go via central system
''A proposal for setting up a central pension disbursal system will be placed in the EPFO's apex decision-making body Central Board of Trustees (CBT) in a meeting scheduled on July 29 and 30,'' a source told PTI The source said that the CBT will also consider and...
PFRDA approves HDFC merger with HDFC Bank
''We wish to inform you that HDFC Limited has today i.e. on July 8, 2022, received an approval from PFRDA regarding change in its status/constitution pursuant to the Scheme in accordance with the PFRDA (Point of Presence) Regulations, 2018, subject to a condition that...
Coal pensioners’ body writes to PM Modi, seeks revision of post-retirement benefits
''We have written to the Prime Minister on July 5 on behalf of the 5.5 lakh pensioners seeking his intervention and stating our compelling decision to stage dharna from July 25 at Jantar-Mantar, New Delhi against non-review of CMPS-1998 and non-revision of pension,”...
Soaring inflation rates and Ukraine war push 71 million into poverty globally, warns UNDP
"Unprecedented price surges mean that for many people across the world, the food that they could afford yesterday is no longer attainable today/,This cost-of-living crisis is tipping millions of people into poverty and even starvation at breathtaking speed and with...
COVID-19 Pandemic: Risk lessons in a complex, inter-connected world
Today’s interconnected world is an evolving system, and disastrous events are often the results of systemic failures. The new UN report shows that It’s time to develop a deeper understanding of systemic risks, how they trigger other hazards and shocks, often in...
Rajasthan and Chhattisgarh exit NPS, PFRDA refuses to return their accumulated fund
Supratim Bandyopadhyay, chairperson, PFRDA Supratim Bandyopadhyay, chairperson, PFRDA, said, the total assets under NPS has touched Rs 35 trillion and currently almost has an AUM of Rs 7,40 trillion with 5.33 subscribers across central and state government...
40 pc elderly want to be employed for as long as possible, 13 pc experience physical abuse: study
The insurance sector and schemes - both government and private - needs to better address the health insurance needs of elderly, and it's time for employers to take off their ageist glasses and give elderly a chance to prove their mettle,'' said Anupama Datta, head...
From security to uncertainty: Post Covid, many elderly return to workforce
The reasons for seeking financial independence are varied as is the income bracket. It could be somebody whose son lost his job, another whose savings dwindled in the long months of lockdown or an elderly person who may have seen an earning child die of Covid and is...
Govt approves 8.1% on EPF deposit for 2021-22
The 8.1 per cent EPF rate of interest is the lowest since 1977-78, when it stood at 8 per cent. The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March 2021. New Delhi: The government has approved 8.1 per...
PFRDA rejects Chhattisgarh’s request to refund Rs 17,240 cr collected under NPS, CM urges Modi to intervene
Bhupesh Baghel,Chief Minister,Chhattisgarh PFRDA in a letter dated May 26 replied that there is no such provision available under which the funds, which are deposited both in the form of the government contribution and employees' contribution towards NPS, along with...