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SWAVALAMBAN PENSION ACCOUNTS
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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...
PM Narendra Modi may push financial inclusion drive in Independence Day speechThere could be a doubling of overdraft facility to Rs 10,000 under the Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders as part of th...
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...
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 seeks bankers help to promote pension in countryPension fund regulator PFRDA asked bankers to promote pension through various schemes and advised them to meet the target for selling Swava...
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...
Delhi Cabinet clears pension scheme for unorganized sectorA pension scheme for un-organised and informal sector workers was today cleared by Delhi government.
- Government to give Rs 2,065 cr more to Swavalamban pension scheme
In 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 Swavalamban
In a bid to push Swavalamban Yojana- D K Mittal, secretary - department of financial services will be meeting chiefs of south based banks
- PFRDA to do own maths for pension age
Launched with much fanfare in finance minister Pranab Mukherjee's Lok Sabha constituency last September, the PFRDA's pension scheme for the...
- MFIs may get to set up banks
The Reserve Bank of India may soon allow micro-finance institutions (MFIs) to set up banks, Union finance minister Pranab Mukherjee said.
- Rs 1,000 a year pension aid approved to informal sector workers
The government today approved a Rs 1,000 per annum pension assistance to unorganised sector workers to inculcate the habit of savings among...
- PFRDA to launch pension scheme for poor
Interim pension regulator PFRDA on Thursday introduced a new scheme, NSP Lite, for the economically deprived sections of the society.
- FM to go east, take banks along to drive financial inclusion
FM plans reality check on central schemes in meeting with CMs of 12 eastern states on June 14.