Pens News

Peru’s Congress overwhelmingly approved a bill late Thursday allowing workers to tap their retirement accounts, which authorities estimate could lead to $7 billion in withdrawals.

EPFO's new rules enable the automatic transfer of old PF balance to the new employer, eliminating manual requests

Over the past year, tier-one equity schemes of the National Pension System (NPS) have achieved an average return of 34%. In comparison, government bond funds have provided a return of 10.6%, while corporate bond funds have yielded an 8.6% return during the same period.

A group of massive pension funds will dominate Australia’s retirement system in the coming decades as increasing mergers and rivalry leave just a handful of powerhouse investors.

LIC's Jeevan Dhara policy caters to early retirement goals with financial security, flexible options, and tax benefits

EPFO allows subscribers to withdraw funds from their EPF Account, stressing the importance of updating accurate bank account details to avoid failed credit transactions

National Pension System: Currently, there are ten pension fund managers in the country, comprising seven private companies and three government-owned entities

The Pension Fund Regulatory and Development Authority (PFRDA) rules define that a subscriber is allowed to make partial withdrawal but only up to 25 percent of contribution excluding the employer’s contribution

Earlier the female central government employees could nominate only their husband, but now a women can nominate her children too. She must make a written request, stating that family pension should be granted to her eligible child in precedence to her spouse, in the event of her death.