INVESTMENT, PLANS, SAVINGS, mf, mutual funds, investors, equity, pension, NPS, funds

The Centre's Department of Pension & Pensioners' Welfare (DoPPW) will collaborate with the State Bank of India (SBI) to create an integrated pension portal to enhance ease of living of pensioners, according to an official statement on Tuesday.
Sessions on pension policy reforms and digitisation regarding the disbursement of pensions to central government pensioners were organised with the objective of updating SBI field functionaries during the two-day bankers' awareness programme in Udaipur, Rajasthan.
Special sessions were organised on income tax matters related to pensioners as well as digital means of submitting annual life certificates, said the statement by the Ministry of Personnel, Public Grievances and Pensions.
It was decided that immediate efforts are needed for the creation of an integrated pension portal by linking the existing portals of the DoPPW and the SBI to provide seamless services to pensioners, it said.
Face authentication technology for digital life ...

salary, jobs, pay, increment, employment, check, letter, interview, companies, wage, income

The move will benefit about 4.8 million central government employees and 6.9 million pensioners and will be effective from January 1, 2022.

pensions, funds, retirement, investments, investors, savings

The camp office of the NCPO will be at Delhi.

retirement

The body in its first all-India conference held at Shirdi (Maharashtra) on July 23, 2018 has resolved that pension should be exempted from income tax.

The former civil servants said they were unable to understand why there was a need for such an amendment to the Central Pension Rules

Union Minister Anurag Thakur on July 14, 2021 announced hike in Dearness Allowance from 17 per cent earlier to 28 per cent for government employees and pensioners  w.e.f. July. This will increase the take-home salary while pensioners will also get additional support. But will it result in higher spending? Let's find out

Can hike in Dearness Allowance boost consumer spending?

Subscriber base of NPS, APY up 22% to 4.05 cr at Jan-end 2021: PFRDA

The number of subscribers under government-run pension schemes NPS and APY rose nearly 22 per cent to 4.05 crore at January-end this year, according to data from PFRDA.

Pension, retirement, old age, savings

An EOFP is 50 per cent of personnel's last emoluments and is payable for 10 years from the date of the death of the personnel in service

Ontario Teachers' Pension Plan bets on PE, infrastructure in India

Contributions towards pension rose as new subscriber growth fell in April-July

Govt plans to integrate e-PPO with DigiLocker for civil pensioners

The Centre has planned to integrate the electronic Pension Payment Order (e-PPO) with DigiLocker in order to enhance ease of living of Central government civil pensioners.

rupee

Earlier this month, the EPFO had issued a statement asking its subscribers to avail online for availing various facilities, including for their provident fund claims

annuity, pension

Why it is practically impossible for elders to live independent and dignified lives on government pensions

Page 2 - Government pension

Govt dept to collaborate with SBI to create integrated pension portal

Cabinet hikes dearness allowance for central govt employees by 3%

A joint forum of pensioners named NCPO formed to raise key issues

Pensioners' body urges government to exempt pension from income tax

Deeply disturbed over changes in pension rules: Ex-civil servants to PM

Can hike in Dearness Allowance boost consumer spending?

Subscriber base of NPS, APY up 22% to 4.05 cr at Jan-end 2021: PFRDA

Govt scraps need of min 7-year constant service for enhanced family pension

Salaried class pours, informal workers pare pension money: PFRDA data

Govt plans to integrate e-PPO with DigiLocker for civil pensioners

Coronavirus: EPFO to disburse pension early to 6.5 mn account holders

Not a country for old people