NPS full withdrawal allowed if corpus is Rs 5 lakh or less
The National Pension System allows full withdrawal of the corpus only when it is Rs 5 lakh or less at the time of a normal exit, which is at age 60 or…
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EPFO to answer pension queries in live session on 18 August
The Employees' Provident Fund Organisation (EPFO) will host a live session on 18 August at noon on its YouTube, Facebook and Instagram channels to address pension-related queries. Members can post questions in…
Pension, FD interest, rent taxable even after retirement
Many retirees assume their tax liability ends with their salary. The Economic Times reports that monthly pension, interest from savings accounts, FDs, post office deposits, and the Senior Citizens' Savings Scheme remain…
West Bengal CM announces Rs 10,000 monthly pension for Emergency detainees
West Bengal Chief Minister Suvendu Adhikari on Sunday announced a monthly pension of Rs 10,000 for 325 people jailed during the 1975-77 Emergency. The beneficiaries, identified by the state government, will receive…
Corporate NPS can boost retirement corpus, says PFRDA official
PFRDA whole-time member Randip Singh Jagpal says Corporate NPS can provide an additional pension layer alongside EPF, not replace it. Speaking at an Outlook Money event, Jagpal stressed that with frequent job…
8th Pay Commission Delhi meetings conclude; IRTSA demands Rs 52,600
The 8th Pay Commission concluded its Delhi consultations on Saturday, with the Indian Railways Technical Supervisors’ Association pressing for a minimum pay of Rs 52,600 and differentiated fitment factors ranging from 2.92…
EPFO: EPF interest stops 3 years after retirement, pension rules
Livemint reports that EPFO stops crediting interest on EPF balances three years after retirement, even if the corpus is not withdrawn. For those retiring at 58, interest stops at 61. The balance…
PFRDA extends NPS same-day NAV cut-off to 1:30 pm
The Pension Fund Regulatory and Development Authority has extended the cut-off for same-day investment of National Pension System contributions from 11 am to 1:30 pm. Contributions received by the NPS Trustee Bank…
Woman carries 90-year-old mother-in-law 3 km for pension
A tribal woman in Chhattisgarh’s Surguja district carried her 90-year-old mother-in-law nearly 3 km to a bank after the elderly woman’s Rs 500 monthly pension went unpaid for four months. Sukhmaniya, who…
