Pension

Government may hike FDI limit in pension sector to 74 per cent; Bill likely in monsoon session

The Insurance Act, 1938 was last amended in 2015 which raised FDI limit to 49 per cent, resulting in foreign capital inflow of Rs 26,000 crore in the last 5 years.

published on : 12th April 2021

TTE suspended for harassing woman passenger at Bareilly railway station

The woman told police that the incident occurred on a platform at the station on Monday when she was waiting for the Shramjivi COVID-19 special train to travel to Lucknow.

published on : 6th April 2021

Suspension of MLAs: Odisha BJP leaders call off agitation, will meet Governor on Monday

Opposition chief whip Mohan Charan Majhi and senior member Jayanarayan Mishra said they are prepared to apologise to the people of the state if they are hurt by their behaviour.

published on : 4th April 2021

Pension distribution from Thursday in Andhra Pradesh

The process will be monitored from the call centres located at the DRDA offices in all the 13 districts, the minister informed. 

published on : 1st April 2021

Poland plans pensions for dogs, horses in state employment

The Interior Ministry of Poland has proposed new legislation that would give these animals an official status, and paid retirement to help cover their upkeep costs.

published on : 27th March 2021

Telangana Assembly adopts bill to hike pension of former legislators

While moving the Bill, Finance Minister T Harish Rao said that the legislators and former legislators would also be eligible for healthcare to Rs 10 lakh from the existing Rs one lakh.

published on : 25th March 2021

Indian Lovers Party to Appaamma Kazhagam: It’s literally party-time in Tamil Nadu

It’s normal for new political parties to spring up ahead of elections.  But what’s interesting is that people entering politics are picking names of parties that are not new.

published on : 17th March 2021

Pension regulator PFRDA mulls minimum assured return product launch

Currently, pension funds are managed under the mark-to-market accounting method, and so giving a guarantee, even if it is a floating guarantee, calls for a lot of skill in designing the product. 

published on : 15th March 2021

How much liability would pension for divorced daughters of freedom fighters incur: SC to Centre

The top court was dealing with a question whether a divorced woman is entitled to her freedom fighter father's family pension like an unmarried or widowed daughter.

published on : 7th March 2021

Telangana looking hard to augment revenues

After the introduction of the GST regime, the government has limited the options to increase taxes. It is left with only four to five options to augment receipts.

published on : 1st March 2021

New Saral Pension scheme offers retirees options

Under the scheme, insurers will pay the policy holders a minimum sum of Rs 1,000/ month, Rs 3,000/ quarter, and Rs 12,000/ year.

published on : 1st March 2021

Nearly 1.9 lakh Aasara pensions are pending approval

As many as 1,88,876 applications were still pending with the authorities up to February 16, 2021.

published on : 26th February 2021

Fake pensioners’ racket in Odisha unearthed by viral video

A video that went viral on social media has exposed pension being disbursed to fake beneficiaries in Jagatsinghpur district. 

published on : 25th February 2021

No possibility of implementing old pension scheme: Centre 

The NPS has been applicable for all central government staff who had joined service on or after January 1, 2004. 

published on : 22nd February 2021

Illegal beneficiaries of pension scheme to face music

Defrauded money to be deducted from ineligible govt pensioners who availed benefits

published on : 21st February 2021
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