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PFRDA to luanch new life cycle plans next quarter
The new scheme would be effective in the next quarter, maybe in August and September
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Hike guaranteed pension under APY: PFRDA asks Govt
APY largely caters to social security of India’s unorganized sector, offering them flexibility in terms of contributions. This means that one does n
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Greater need to include urban poor in NPS: PFRDA chief
As per PFRDA data dated 15th July, around 83.18% of enrolments under APY happened in the Rs 1,000 segment, which is the lowest slab. Only 10.62% of su
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PFRDA set to modify regulations, tighten compliance
The new proposal states that the fund will need to independently develop a robust IT infrastructure, cyber security procedures and dedicated employees
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Take charge of your finances, women
A new nationwide study conducted by HelpAge India, which surveyed 8,000 women over 65 years of age, noted that 3 out of every 4 women do not have any
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NPS to add systematic withdrawal plan
Currently, subscibers are allowed to withdraw this 60% at one go and the rest 40% is used to buy annuity
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APY grosses 5.2 cr beneficiaries
The new enrolment in the past financial year recorded a 20% rise compared to the number in 2021-22
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PFRDA pension subscriber base increases by 24% till August
The data showed that the number of subscribers grew by 33.20% to 304.51 lakh as of August 31,2021, under APY
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Atal Pension Yojana commands social security space with 66% NPS subscribers
NPS data shows that APY is most popular among subscribers from non-metro cities.
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NPS vs APY: Which one is better pension scheme?
The government offers two popular pension schemes National Pension System (NPS) and Atal Pension Yojana (APY).
