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MF industry seeks management of pension, provident, insurance funds

by AIP Online Bureau | Dec 10, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”We want the government to allow the mutual fund industry to manage funds of pension, provident and insurance firms. This will help the MF industry ensure greater efficiency in managing the resources in a cost-effective manner. The industry can achieve the...
NITI Aayog VC expresses concern over revival of old pension scheme, says it will burden future taxpayers

NITI Aayog VC expresses concern over revival of old pension scheme, says it will burden future taxpayers

by AIP Online Bureau | Nov 27, 2022 | Indian News, Pension & Social Security, Policy

”I am slightly more worried about the return to the Old Pension Scheme (OPS). I think that is more of a concern because the cost will be borne by future taxpayers and citizens, not the present,” NITI Aayog Vice Chairman Suman said New Delhi: NITI Aayog...

Union Minister Jitendra Singh launches integrated portal for pensioners

by AIP Online Bureau | Oct 18, 2022 | Indian News, Pension & Social Security, Technology, Workplace/Employee Benefits

The portal – www.ipension.nic.in – will act as a one-stop solution for all the pensioners’ needs. New Delhi: Union Minister Jitendar Singh on Tuesday launched an integrated portal aimed at ensuring “ease of living” for the central government pensioners. The...

Jharkhand implements old pension scheme

by AIP Online Bureau | Sep 2, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Under the old pension scheme, the entire pension amount is given by the government. In NPS, employees contribute 10 per cent of their salary towards pension while the state government contributes 14 per cent. The implementation of the old pension scheme would benefit...

EPFO to soon disburse pension to over 73 lakh pensioners in one go via central system

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

”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...
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