Pension Scheme  

The scheme is designed to protect the financial futures of children by enabling parents to contribute early to a pension account. Let's learn more about it.

If you want to ensure your family's financial security in the future, the New Pension System (NPS) is a great option. Investing Rs 5,000 per month can lead to a pension of Rs 45,000 at the age of 60.

Unified Pension Scheme (UPS) is a new and assured pension plan for government employees in India. It includes a fixed pension after retirement, a minimum service period, and family pension benefits. Learn how UPS is better than the Old Pension Scheme (OPS).

As global populations age, ensuring financial security for seniors is crucial. In India, these top 6 government-backed pension plans offer essential support and stability for senior citizens.

When planning for retirement and aiming to build a significant retirement fund, both the National Pension System (NPS) and Public Provident Fund (PPF) are good investment choices. However, the decision between the two depends on your specific financial goals and preferences.

Atal Pension Yojana offers benefits of Rs 1000 to 5000 per month during your retirement years. For receiving benefits of Rs 5000 per month, you need to invest Rs 210 per month i.e., Rs 7 daily.

Atal Pension Yojana is a great opportunity for building a retirement fund as it provides a steady income at old age. Similar to this, there are various investment schemes available that can help you spend your golden years in comfort. Let’s read about some of them.

The central government launched the National Pension System in the year 2004. NPS works as a market-linked scheme and offers advantages of building a retirement fund while also providing pension benefits.

Saving money is crucial for many reasons. It’s an important way to keep yourself motivated and disciplined.

The Ministry of Youth Affairs and Sports is implementing ‘Pension to Meritorious Sportspersons’ scheme, Sportspersons who are Indian citizens and have won medals in Olympic Games, Commonwealth Games, Asian Games and World Cups/World Championships (in Olympic and Asian Games disciplines) and Paralympic Games, are eligible for lifelong monthly pension after they attain the age of 30 years or retire from active sports, whichever is later.

Government of India has introduced two voluntary and Contributory Pension Schemes, Pradhan Mantri Shram Yogi Maan-dhan Yojna, (PM-SYM), a pension scheme for the Unorganised Workers and National Pension Scheme for the Traders and Self Employed Persons (NPS-Traders)

For old age protection in the form of monthly pension, Ministry of Labour & Employment has launched Pradhan Mantri Shram Yogi Maan-dhan Yojana which is a voluntary and contributory pension scheme for providing monthly minimum assured pension of Rs. 3,000/- on attaining the age of 60 years. 

The ED told a court here on Thursday that former finance minister P Chidambaram, lodged in Tihar jail in the INX Media corruption case, is not required to be arrested at this stage in the money laundering case. Prime Minister Narendra Modi on Thursday lauded the team of Varun Dhawan-starrer "Coolie No 1" for their decision to go plastic-free. Varun had announced the initiative on September 1 and had also urged his other Bollywood counterparts to do the same. Watch MyNation in 100 seconds for a glimpse into the top headlines of the day.

 

Days after 25 legislators were sworn-in as ministers in the Cabinet, Andhra Pradesh chief minister YS Jaganmohan Reddy held his first cabinet meeting on Monday (June 10).

The government has roped in CSC e-Governance Services India Ltd for mobilising and registering beneficiaries across India. The SPV has a network of over 3.13 lakh CSCs across India.