Pension Schemes

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EPS Scheme 2026 vs EPS 1995: What changes for employees under new pension framework?

The EPS 2026 has replaced EPS 1995, introducing a new pension framework under the Code on Social Security, 2020. The new scheme retains key pension benefits and contribution rates while adding digital compliance, a 20-day claim settlement timeline and interest on delayed claims.

2 min read9 Jul 2026
Money

Income Tax Bill 2025: From UPS benefits to commuted pension rules — top 5 things every pensioner must know

The revised Income Tax Bill, 2025, passed by the Lok Sabha, seeks to modernise tax laws and offers various benefits for pensioners. It now awaits Rajya Sabha approval and Presidential assent.

1 min read12 Aug 2025
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Pension calculator: 5 key differences between UPS vs OPS — Check here

The five key differences between the Unified Pension Scheme (UPS) and the Old Pension Scheme (OPS) are - Differences in pension calculation, employee contribution to UPS, tax benefits, higher minimum pension in UPS and lumpsum payments.

3 min read25 Aug 2024
Money

Employee Provident Fund (EPF): New EPFO rules effective from today that you should know

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

2 min read3 Apr 2024
Money

Retirement planning: This Life Insurance policy will help you retire early

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

2 min read1 Mar 2024