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OLD PENSION SCHEME NEWS
Andhra Cabinet raises retirement age for PSUs; restores Old Pension Schemes for 11,000 employeesAndhra Pradesh employees in state PSUs, Gurukul schools, and welfare societies will now retire at 62, matching state government staff. Addi...- This 76-year-old former police officer from Tamil Nadu has been feeding monkeys from her pension for over a decadeA 76-year-old retired police officer from Madurai, Malathi, is winning hearts online for her decade-long dedication to feeding hundreds of ...
- Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS...
- Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
- President Donald Trump unveils the new Air Force One, a converted Qatari jetPresident Donald Trump unveiled the new Air Force One, a luxurious jumbo jet gifted by Qatar, at Joint Base Andrews. This "flying White Hou...
- Filing pension complaints gets easier as PFRDA rolls out AI-enabled Pension Sahayak: Key features explainedPFRDA has launched Pension Sahayak, an AI-powered platform simplifying pension grievance redressal. This upgrade from the old CGMS offers w...
- Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
- West Bengal Budget 2026: Govt allocates Rs 36,000 crore for Annapurna Yojna; hikes DA by 20%West Bengal's new BJP government unveiled its first budget, prioritizing welfare and employment. Finance Minister Swapan Dasgupta announced...
- PFRDA launches AI-powered portal to transform pension grievance redressalThe PFRDA has unveiled 'Pension Sahayak,' an AI-powered platform designed to streamline pension services. This initiative aims to boost inc...
- Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
- Kerala to review pension rolls, reiterates Rs 3,000 pension promiseKerala Chief Minister V D Satheesan announced a comprehensive review of welfare pension beneficiaries to eliminate ineligible recipients an...
- 7 ways to reuse old tshirtsMost of us have a pile of old T-shirts sitting in a cupboard corner—too worn out to wear outside, but too sentimental to throw away. Instea...
- Kerala CM VD Satheesan presents maiden UDF budget for 2026-27Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a signific...
- 3-year-old boy left critically injured after ending up in crocodile enclosure at UK zoo; stranger arrestedA 30-year-old man has been arrested on suspicion of attempted murder after a three-year-old boy suffered serious injuries inside a crocodil...
- 7 key rules about EPS-95 pension: Eligibility, pension formula, benefits, and more
- SC acts to ensure dignified life for Odisha mother-son duoThe Supreme Court has issued crucial directives to ensure social security for an elderly woman and her visually-impaired son in Odisha. The...
- Woman seeks to stop husband's pension over unpaid maintenance; HC suggests different optionA woman approached the Madras High Court seeking to stop her estranged husband's pension and retirement benefits, claiming he had failed to...
- Men received welfare incentives meant for women in TMC-led Bengal, CM Suvendu Adhikari allegesWest Bengal Chief Minister Suvendu Adhikari alleged past irregularities in welfare schemes. He stated men received widow pensions and fake ...
- 7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and moreThe Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fun...
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