by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Wealth Management/ Philanthropy
Under the revised framework for corpus exceeding Rs 12 lakh, the new rule is shifted to 80:20, allowing non-government subscribers to take up to 80 per cent as a lump sum while requiring only 20 per cent of the pension wealth to be used for purchasing an annuity,...
by AIP Online Bureau | Oct 2, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Wealth Management/ Philanthropy
The new framework gives pension funds the freedom to create their own schemes, thereby offering more flexibility and options for subscribers New Delhi: India’s National Pension System (NPS) has emerged as a high-performing and cost-effective retirement planning...
by AIP Online Bureau | Oct 1, 2025 | Indian News, Non-Life, Policy
Girija Subramanian, CMD, New India Assurance and chairperson of GIPSA GIPSA chairperson Girija Subramanian, in a meeting with unions, has confirmed that the Department of Financial Services (DFS) has moved ahead with the notification with 14 per cent wage hike GIPSA...
by AIP Online Bureau | Sep 18, 2025 | Indian News, Pension & Social Security, Policy, Regulation
Around 31,555 central government employees had opted for the UPS till July 20, and the last date to enrol under the scheme is September 30 New Delhi: The Finance Ministry on Thursday asked government employees to opt for shifting to the Unified Pension Scheme (UPS)...
by AIP Online Bureau | Aug 25, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
From April 1, 2025, the government has introduced UPS as an option under the National Pension System (NPS) for central government employees. UPS will provide assured payouts to the employees. Around 31,555 central government employees have opted for the Unified...
