Pension portal bags UN award

FDI in pensions could bring in knowledge and expertise on fund management In the furore of the last session, Parliament lost another opportunity to discuss the Pension Fund Regulatory and Development Authority (PFRDA) bill. It would have been an ...

The Permanent Retirement Account Number (PRAN) allotted to an individual under the ( NPS) is frozen if he fails to fulfil the minimum contribution criterion specified by PFRDA for Tier I and Tier II accounts. For Tier I accounts, this is Rs 500 per ...

The state government Wednesday launched the Delhi Swavlamban Scheme, to offer a pension for workers in the unorganised sector.The announcement was made in the state assembly, which is meeting in its budget session. The scheme will be a co-contributory pension ...

If you save towards pension today, you will have a monthly income when you stop working. Even Rs. 100 per month, saved from the age of 30 years onwards would yield an estimated corpus of Rs.1,49,035 @ 8% rate of return, at the age of 60 years. QUOTE ...

The resistance of workers and trade unions to pension "reforms" rests on their contention that they are aimed at transferring the responsibility of social security from the government to the market. At the heart of the issue is the National Pension ...

The National Pension System (NPS), which was opened up from May 2009 for all citizens to join on a voluntary basis, is considered a good option for retirement planning. V. R. Narasimhan, Chief Executive Officer, Kotak Mahindra Pension Fund, says the ...

Countercurrents.org A Sheila Dikshits budget speech ignores Punjab & Haryana High Court order, ongoing case in Supreme Court & Parliamentary Committee recommendations. Adhaar/UID is an assault on privacy and citizens rights, it should be boycotted ...

In an election year and looking forward for a fourth consecutive term in office, Chief Minister Sheila Dikshit presented a populist budget firmly focussed on the Congress core electorate in the national capital. While 65 per cent of the budget was ...

Delhi's Aam Aadmi is the centre of the budget proposals of chief minister Sheila Dikshit, who is seeking to win a landmark fourth consecutive term in the assembly elections scheduled for later this year. A series of sops were announced for widows, ...