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Finance ministry and PFRDA discuss ways to improve pension amount for govt employees in NPS framework

Finance ministry and PFRDA discuss ways to improve pension amount for govt employees in NPS framework

by AIP Online Bureau | Jan 6, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation

Supratim Bandyopadhyay, Chairman,PFRDA On launching of the Minimum Assured Return Scheme (MARS) under the National Pension System (NPS), PFRDA Chairman Supratim Bandyopadhyay said the board is considering it and hopefully in the next 7-10 days, approvals can take...
Money in NPS belongs to people can’t go back to state govts as per law FM

Money in NPS belongs to people can’t go back to state govts as per law FM

by AIP Online Bureau | Nov 10, 2022 | Indian News, Pension & Social Security

Nirmala Sitharaman, Finance Minister Responding to queries on restoration of the old pension scheme (OPS), Sitharaman clarified at a press conference that Rajasthan and Chhattisgarh governments that are asking the Centre to return the money, cannot get it back as per...
Finance ministry and PFRDA discuss ways to improve pension amount for govt employees in NPS framework

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...
Finance ministry and PFRDA discuss ways to improve pension amount for govt employees in NPS framework

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...
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