Government is planning to bring in reforms in NSAP pension scheme to include more socially and economically deprived people by covering single women and reducing minimum eligibility age for widows from 40 years to 18 years. The revised scheme which is expected to cost Rs 1,31,626 crore will have an exclusion criteria and the assistance extended to beneficiaries would be indexed to annual inflation. ...
07:15 PM, Mar 04, 2013
New Delhi: The Union Cabinet will be meeting on Thursday and the pricing of excess spectrum is likely to be approved. The AG could be asked to come to Cabinet. Also on agenda are measures to control the spread of Japanese Encephalitis in UP and Bihar, the 78-day productivity linked bonus for railway employees and the Rajiv Gandhi pension scheme. The Cabinet is likely to consider a Rs 4,000-crore multi-pronged...
09:53 AM, Oct 18, 2012
It was the day of her superannuation and Anasuya was quite thrilled. Everyone at the bank spoke to her in endearing terms and asked after ...
03:51 PM, Sep 26, 2012
New Delhi: India's nearly 23 lakh ex-military personnel have a reason to celebrate. The government has finally conceded their demand for One Rank One Pension. It means that the military personnel will draw the pensions depending on the rank at which they retired, and not the date of their retirement. The government's decision on Monday evening is set to bring on par those who retired before 2006 with those who...
07:48 AM, Sep 25, 2012
Thiruvananthapuram: With the Congress-led UDF government in Kerala sticking to its decision to introduce Participatory Pension Scheme (PPS) in state services, pro-Left employees unions have threatened to strike work on August 21. Union leaders announced the decision after talks convened by Chief Minister Oommen Chandy on Thursday evening failed to bring them around. The unions, owing allegiance to the Congress and other UDF constituents, would not join the strike but...
12:32 PM, Aug 17, 2012
New Delhi: The monthly pension of Rs 200 given to the elderly is "an insult to the dignity of an individual", Rural Development Minister Jairam Ramesh has said, requesting Prime Minister Manmohan Singh to immediately review the scheme. In a letter to the Prime Minister, the minister has recommended streamlining the disbursal system of Indira Gandhi National Old Age Pension Scheme (IGNOAPS) under which Rs 200 per month is given...
10:59 PM, May 20, 2012
New Delhi: Activists Aruna Roy, Nikhil Dey and Baba Adhav have sparked a debate on rights of citizens and obligations of the state. Does every citizen above the age of 60 deserve a pension of Rs 2000 a month? Is it the duty of the state to mobilise resources to guarantee this? We are talking about those who have spent all their working years earning irregular and meager wages, negotiating...
08:43 PM, May 11, 2012
Demand for universal pension scheme, tonight at 10 pm CNN-IBN's Deputy Editor Sagarika Ghose discusses with a panel of experts, are senior citizens the most neglected community today?
01:40 PM, May 08, 2012
Ballia: Chief of Army Staff General VK Singh on Sunday hinted at implementation of one rank, one pension and said all information regarding ex-Army men would be collected and their problems would be sorted out. Addressing a conference of ex-Army men Gen Singh said that all efforts were being made to implement one rank, one pension from the last two years. Stating efforts were also being made to remove disparity...
08:29 AM, Apr 23, 2012
London: Greece, India, China and Thailand are home to the weakest national pension systems in the world, crippled by a mix of acute sovereign debt, young retirement ages, high ratios of pensioners to workers and poor pension take-up, a study showed. The Allianz Global Investors Pension Sustainability Index, which tracks the relative sustainability of national pension systems in 44 countries around the world, showed the number of Greek retirees to...
10:27 AM, Nov 08, 2011
The long awaited plan was finally launched on May 1, 2009. ...
04:50 PM, May 15, 2009
It promises returns of over 14 per cent and offers lowest management charges. ...
03:13 AM, May 02, 2009
