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PFRDA looks to offer guaranteed pension programme under NPS

PFRDA looks to offer guaranteed pension programme under NPS

by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation

Supratim Bandyopadhyay,Chairperson,PFRDA ”The Minimum Assured Return Scheme is under development. Tentatively, we may start from September 30,” PFRDA Chairperson Supratim Bandyopadhyay told reporters here on Friday New Delhi: The Pension Fund Regulatory...

PFRDA approves HDFC merger with HDFC Bank

by AIP Online Bureau | Jul 8, 2022 | Banking & Bancassurance, Indian News, Pension & Social Security, Regulation

”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...
PFRDA looks to offer guaranteed pension programme under NPS

Rajasthan and Chhattisgarh exit NPS, PFRDA refuses to return their accumulated fund

by AIP Online Bureau | Jun 14, 2022 | Indian News, Pension & Social Security

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...
PFRDA rejects Chhattisgarh’s request to refund Rs 17,240 cr collected under NPS, CM urges Modi to intervene

PFRDA rejects Chhattisgarh’s request to refund Rs 17,240 cr collected under NPS, CM urges Modi to intervene

by AIP Online Bureau | Jun 3, 2022 | Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits

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...

Budget 2022-23:Tax deduction limit of state govt employees increased from 10 pc to 14 pc

by AIP Online Bureau | Feb 2, 2022 | Indian News, Pension & Social Security, Policy

”This is a significant announcement to bring state government employees on par with the central government employees and this will help state government employees getting extended social security benefits in line with their counterparts in the union...
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