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NPS SWAVALAMBAN
NPS withdrawal rules clarified: Postal department says pension body explains conditions to withdraw 100% NPS-Lite corpusNPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announ...- 'Clear exit rules will encourage NPS participation': Finance MinistryNew rules for the National Pension System offer more flexibility. Subscribers can now withdraw their entire pension wealth in a lump sum if...
- Major NPS rule changes 2023: Systematic Lumpsum Withdrawal facility, NPS Lite exit rules, consolidated statement & moreThe Pension Fund Regulatory and Development Authority (PFRDA) has implemented many rule and regulatory changes in 2023 to better facilitate...
- NPS Lite exit rules revised; what subscribers must knowFresh enrollment under the NPS-Lite Swavalamban plan was discontinued in 2015 after the introduction of the Atal Pension Yojana (APY), with...
- PFRDA relaxes NPS exit rules on medical groundsThe PFRDA has relaxed the exit rules under NPS on medical grounds if the subscriber is physically incapacitated or has suffered a bodily di...
- Retail NPS grows by over 100% in one yearThe total assets under management of NPS has reached Rs 1.38 trillion out of which Rs 3,000 crore are of retail assets.
- Pfrda looks at doubling Atal pension scheme accounts to 5 mnTalking about Swavalamban scheme he said "we are not taking any fresh investment under this scheme but only existing investments."
- Swavalamban subscribers can switch to APY: PFRDASubscribers of micro-pension scheme 'Swavalamban', which closes tomorrow, can switch to the 'Atal Pension Yojana' (APY) and retain the gove...
- How to open a new Atal Pension Yojana accountThe Atal Pension Yojana aims to provide a minimum monthly pension of Rs 1,000 to Rs 5,000 to workers in the unorganised sector.
- PFRDA chief eyes increasing pension coverage by 20% for the poor by FY'18Pension fund regulator PFRDA today said it aims at increasing pension coverage for the deprived section to 15-20 per cent over the next few...
- PFRDA aims to open 56 lakh Swavalamban Pension accounts through banks & NBFCs in 2014-15Swavalamban is a government initiative in which the government co-contributes Rs. 1000/- per annum to all eligible Swavalamban pension acco...
- PFRDA hopes for concrete proposals in next BudgetWith over 80 per cent of people employed with the unorganised sector, the scheme is targeted at those not having social security cover unde...
- New Pension System for low income group in AssamThe Swavalamban Pension Scheme for all citizens of low income group in Assam will be implemented by the government in a phased manner.
- PFRDA to hire media firm to popularise retirement plan NPSPension regulator PFRDA proposes to hire a media consultant to promote and increase penetration of its flagship National Pension System.
- Govt may relax norms for joining New Pension Scheme"We have taken up this matter with secretary, DoPE, and he has prepared a note which he would be soon taking to the Cabinet," said PFRDA ch...
- Government to give Rs 2,065 cr more to Swavalamban pension schemeIn 2010-11, there were about 3.02 lakh subscribers under the scheme, whereas during 2011-12 (till March,9, 2012) there were 1,93,238 subscr...
- Finance ministry to meet PSU bank chief based in south on SwavalambanIn a bid to push Swavalamban Yojana- D K Mittal, secretary - department of financial services will be meeting chiefs of south based banks
- All UBI branches to sell National Pension SystemThe pension regulator said banks are reluctant to distribute new national pension product despite higher returns that it gives in the long-...
- NPS fee may be cut as scheme nears 10L clientsThe new pension scheme (NPS) is set to become cheaper. The government’s flagship retirement scheme’s subscriptions will soon cross a trigge...
- PFRDA to launch pension scheme for poorInterim pension regulator PFRDA on Thursday introduced a new scheme, NSP Lite, for the economically deprived sections of the society.
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