New Delhi : The Union Cabinet on Wednesday approved the continuation of a scheme for providing monthly pension to freedom fighters beyond the 12th plan period, up to 2020, an official statement said. The statement said the Union Cabinet chaired ...
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Feed SubscriptionTata Steel separates itself from British Steel Pension Scheme
Mumbai : Tata Steel UK on Monday said it has separated itself and a number of affiliated companied from the British Steel Pension Scheme (BSPS), following the regulator’s confirmation on its pensions deal. “Tata Steel UK has received confirmation from ...
Read More »Age limit to join NPS raised to 65 years: Regulator
New Delhi : The Pension Fund Regulatory and Development Authority (PFRDA) on Monday announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60. Chairman PFRDA Hemant Contractor ...
Read More »Tata Steel UK signs new pensions deal
Mumbai : Tata Steel UK on Friday said it has signed the documentation for a Regulated Apportionment Arrangement (RAA) with the trustee of the British Steel Pension Scheme, offering more “sustainable outcomes for pensioners, employees and the business”. When the ...
Read More »Jaitley launches pension plan for senior citizens with 8% assured return
New Delhi : Finance Minister Arun Jaitley on Friday formally launched a pension scheme for senior citizens with an assured return rate of eight per cent, favouring efficiency with social security. “Banks have to lend at feasible rates, while senior ...
Read More »Odisha hikes pension given to World War II soldiers
Bhubaneswar, (IANS) : The Odisha government on Wednesday increased the financial assistance or pension given to the war veterans, who fought in the Second World War, and for their widows from Rs 1,000 to Rs 6,000 per month. “Chief Minister ...
Read More »Atal Pension Yojana reaches 53 lakh subscribers
New Delhi, (IANS) : The subscriber base of the Atal Pension Yojana (APY) that aims at old age income security for the working poor from mostly the unorganised sector has reached 53 lakh, the Finance Ministry said on Friday. Over ...
Read More »Tata Steel UK to close pension scheme, to implement new scheme
Mumbai, (IANS) : Tata Steel UK has completed the consultation process to close its existing pension scheme for its workers from March 31, 2017. A new pension scheme will be implemented from April 1, 2017. Tata Steel Ltd disclosed the ...
Read More »Tata Steel UK workers accept company’s rescue proposal
London, (IANS) : Tata Steel workers in the UK on Wednesday voted robustly in favour of accepting steel producer’s proposal on pensions, jobs, investment and production. As many as 72.1 per cent of the members who turned out for votes ...
Read More »National pension plan to get boost post-2017-18 Budget
New Delhi, (IANS) : A national pension regulator on Wednesday said that it is expecting a major boost in terms of the New Pension Scheme (NPS) subscribers in 2017-18. Pension Fund Regulatory and Development Authority Chairman Hemant Contractor said this ...
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