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...
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...
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...
by AIP Online Bureau | May 21, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
In a letter to the Chairman of PFRDA, New Delhi on Friday, state’s Finance Secretary Alarmelmangai D said the Chhattisgarh government has decided to reinstate the old pension scheme (OPS) and therefore, the demand is being made to implement the decision Raipur: The...
by AIP Online Bureau | Apr 24, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
“Our demographic structure, with a greater proportion of younger people, favors a phase of accumulation. Since longevity is inching up, so also the need for a steady stream of income is increasing to mitigate old-age poverty. Further, as the traditional family...