New Delhi [India], January 17: Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited ("Axis Max Life"/ "Company"), has launched the Axis Max Life BSE 500 Value 50 Index Pension Fund , a passively managed equity-oriented fund. Available through the Axis Max Li
Union Minister of State for Defence Sanjay Seth highlighted the Centre's initiatives for ex-servicemen on the 10th Defence Forces Veterans' Day, including the implementation of One Rank One Pension (OROP), and urged the Jharkhand government to introduce a 4-5% reservation for veterans, sa
"Pension Bazaar is an assurance like Policy Bazaar has given the option to people that, with a click on mobile, they can buy any insurance policy. If we can also provide such a platform to people in pension, then the adoption rate will be increased," Ramann told ANI.
In a major move to improve retirement security, the Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee tasked with formulating guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS). This move
One of the major reforms introduced by the government has been the removal of the income ceiling and the requirement of Gram Sabha approval for widowed, deserted and single women, as well as for persons with 40 to 69 per cent disability seeking social security pensions. The move has signi
The report said India cannot reach a USD 20-35 trillion GDP through investment expansion alone unless capital efficiency improves sharply and domestic savings rise on a sustained basis
While addressing the media at Tiruchirappalli airport, she accused the Tamil Nadu government of continuously deceiving the people. The BJP leader further described the recent pension announcement as the peak of "election stunt politics."
Chief Minister Pushkar Singh Dhami on Sunday transferred the December installment of various pension schemes being run under the Social Welfare Department directly into the bank accounts of beneficiaries through the Direct Benefit Transfer (DBT) system from the Chief Minister's Camp Offic
A key highlight of the reform package is the proposal to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds for managing NPS.
Naidu said that in December, the government released ₹2,743 crore to disburse pensions to 63.12 lakh beneficiaries across the state. Although pensions are normally distributed on the first day of the month, special arrangements were made to ensure that the amount reached beneficiaries a d