PM to launch insurance, pension schemes on May 9

Last Updated: Thursday, April 30, 2015, 19:59

Prime Minister Narendra Modi will launch the flagship social security schemes, including Rs 2 lakh accident cover at a premium of just Re 1 per month, in Kolkata on May 9.

Govt approves Rs 1,000 minimum monthly pension in perpetuity

Last Updated: Wednesday, April 29, 2015, 13:37

The scheme was initially effective only till last month.

Workers may get to choose between EPF and NPS for pension

Last Updated: Sunday, April 19, 2015, 12:05

The proposal is part of the bill to make comprehensive amendments to the Employees' Provident Funds and Miscellaneous Provisions Act 1952.

Tata Steel faces industrial action ballot in pension row

Last Updated: Monday, April 13, 2015, 18:51

Tata Steel's proposal to close the British Steel pension scheme has trade unions up in arms, which on announced industrial action ballot against the company's decision.

EPFO suspends Rs 1,000 minimum monthly pension scheme

Last Updated: Thursday, April 9, 2015, 22:06

In a circular to its field offices, the EPFO said it has decided to suspend the scheme in the absence of any direction from the government to continue this benefit beyond March 31.

Govt to launch APY pension scheme on June 1

Last Updated: Sunday, March 1, 2015, 20:54

The government today said Atal Pension Yojna (APY), announced in the Budget, will be launched on June 1 and will focus on all citizens in the unorganised sector entitling them to a pension of up to Rs 5,000 per month after 60 years of age.

EPFO mulls medical benefits for its pensioners

Last Updated: Sunday, February 22, 2015, 11:06

It was suggested that the surplus in Employees' Deposit Linked Insurance scheme could be used for extending medical benefits through ESIC.

Age limit under EPFO pension scheme may be raised to 60

Last Updated: Sunday, February 15, 2015, 16:28

At present, a formal sector worker covered under the EPS-95 can make contributions towards pension scheme till the age of 58 years and can claim pension after that.

UP government woos voters with pension scheme

Last Updated: Tuesday, January 28, 2014, 13:57

In a bid to woo electorate ahead of the Lok Sabha polls, Uttar Pradesh government today announced to launch "samajwadi pension scheme" which will benefit over 40 lakh families.

Considering Rs 1000 minimum pension under EPS-95: Govt

Last Updated: Wednesday, December 18, 2013, 19:55

"A proposal for providing a minimum pension of Rs 1,000 per month to pensioners under EPS-95 is under consideration of the government," Labour Minister Oscar Fernandes said in a written reply.

Elderly people meet Rahul, ask for revamp in pension scheme

Last Updated: Wednesday, December 11, 2013, 19:51

A delegation of elderly people from the Pension Parishad led by rights activist Aruna Roy met Rahul Gandhi to apprise him of their long standing demands of revamp in old age, widow and disabled pension scheme.