The National Pension System (NPS) has received strong support from industry experts, who said that the reforms introduced by the Pension Fund Regulatory and Development Authority (PFRDA) are progressive and will help expand the reach of retirement savings in India.
The Pension Fund Regulatory and Development Authority (PFRDA) has released a detailed Consultation Paper titled "Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes", inviting stakeholders across sectors to provide feedback on proposed refor
The Ministry of Finance has set September 30, 2025, as the last date for eligible central government employees and past retirees under the National Pension System (NPS) to opt for the Unified Pension Scheme (UPS). Employees remaining in NPS after this date won't be able to switch to UPS.
Following the directions of Himachal Chief Minister Thakur Sukhvinder Singh Sukhu, the notification to remove Rule 7A from the Himachal Pradesh Civil Services (Revised Pay) Rules, 2022, issued on Saturday, shall be held in abeyance.
In a significant ruling, the Himachal Pradesh High Court has directed the state government to extend benefits of the Old Pension Scheme (OPS) to a retired peon who was initially employed as a daily wager and later granted work charge status, observing that services rendered in such capacity
Apart from this, the beneficiaries of Below Poverty Line (BPL) category, whose sons or grandsons are 20 years or more, will also be eligible for pension
New Delhi [India], July 28: The Government of India has extended the cut-off date for opting into the Unified Pension Scheme (UPS) until 30th September 2025. This move gives central government employees more time to weigh their options between UPS and the National Pension System (NPS). Here'
In a major development, Bihar Chief Minister Nitish Kumar on Saturday announced a significant hike in monthly pension benefits under the 'Bihar Patrakaar Samman Pension Scheme' for all eligible journalists and their spouses.
Bihar Chief Minister Nitish Kumar transferred Rs 1227.27 Crores to the accounts of over 1.11 crore beneficiaries under Bihar Social Security Pension Schemes, through Direct Benefit Transfer (DBT) today.
While speaking to mediapersons in Sasaram, Kishor said, "Tomorrow is a happy day for us because, after three years of Jan Suraaj Abhiyan, the pension amount for the elderly, disabled, and widows is being increased from Rs 400 to Rs 1100. This is a matter of happiness, and we are thanking the