The ELI scheme to support job generation, enhance employability and...
Category:
Pension & Social Security
Latest
LIC CEO Bhanoo seeks govt push for taking insurance education to cities and schools across India
P. Jaipuria, secretary general, Insurance Institute of India, S.N....
95 crore people now benefiting from social security schemes: PM Modi
“Today, around 95 crore people of the country are getting the...
Pitiable: SC on pension of retired high court judges
The petitioner, who was elevated as a judge of the Allahabad High Court after serving as a judicial officer in the district court for 13 years, had claimed that the authorities had refused to consider his judicial service while computing the pension. New Delhi: The...
India and UK to collaborate on developing financial regulations
Participants from India and UK touched upon reforms in respective financial services sectors including capital markets, insurance & reinsurance, pensions, FinTech, sustainable finance and International Financial Services Centre GIFT City/Gujarat: The 3rd India –...
China to expand private pension scheme nationwide from Dec 15
Those covered by public pension insurance will be allowed to open private pension accounts and invest up to 12,000 yuan ($1,652) a year in financial products, five official bodies, including the human resources ministry, said in a joint notice Beijing: China said on...
Labour Min mulls scheme for gig platform workers
"We are putting together the scheme for the gig and platform economy workers because there is no traditional employer-employee relationship defined for the gig and platform workers but we need to bring social security coverage for them so that they can be more...
OROP: Have decided not to accept recommendations on pension hike, Centre to SC
Earlier, the bench had come down heavily on the Centre for failing to take any decision for years on the pension payable to retired regular captains in accordance with the OROP scheme and imposed a fine of Rs 2 lakh on it New Delhi: The Centre on Thursday told the...
EPFO invests Rs 34,208 cr in ETFs during Apr-Oct
The total corpus of various funds managed by EPFO was Rs 24.75 lakh crore as on March 31, 2024, including debt investments of Rs 22,40,922.30 crore and Rs 2,34,921.49 crore in ETFs New Delhi: Retirement fund body EPFO has invested Rs 34,207.93 crore in exchange traded...
wefox agrees to sell insurance carrier to a group of Swiss companies led by BERAG
wefox has agreed to sell the insurance company to a group of Swiss companies led by BERAG. BERAG is an independent Swiss provider of pension services and in recent years has represented wefox Insurance AG as an MGA in Switzerland and built up the daily sickness...
Welfare pension fraud: Luxury car owners, affluent individuals found on beneficiary lists in Kerala
This revelation comes amidst widespread outrage in Kerala following reports that nearly 1,500 government employees, including gazetted officers and college professors, had fraudulently claimed social security pensions Thiruvananthapuram: An audit conducted by the...
Labour Min asks EPFO to focus on preparations to launch ELI Scheme
Three schemes for ELI were announced in Union Budget 2024-25 as part of the Prime Minister's package of five schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over 5 years with a central outlay of Rs 2 lakh crore...
AM Best maintains outlook for global reinsurance industry to positive
Property reinsurance rates and terms have been relatively stable and are unlikely to soften in the coming months, owing to the hurricane activity during this year. Life insurance remains a good source of diversification for the large global reinsurers. The global...