As India aims for a developed economy by 2047, retirement security is crucial. Experts propose 5 key NPS reforms in the Union Budget to cover gig workers, self-employed & boost pension assets.
Punjab & Haryana High Court directs PSPCL to pay 100% family pension to a widow, ruling state cannot retain any portion when other beneficiaries become ineligible. Read the landmark judgment.
A retired headmaster in Gajapati district allegedly drew double pension & gratuity for 15 years due to a procedural lapse. Officials probe administrative negligence. Read the full investigation.
Kerala High Court directs state to reconsider revised pension for KSRTC staff retired before Jan 1, 2022. Orders must be passed within three months after hearing petitioners.
Former US President Joe Biden is set to receive a record $417,000 annual retirement package, combining two pensions. Discover how his career led to this historic payout and the debate it sparks.
Retired Kerala govt employees under NPS will hold a relay protest from Jan 16, demanding a decent minimum pension and a return to the old statutory scheme, inspired by Tamil Nadu's move.
Former US President Joe Biden receives a massive $417,000 yearly pension, surpassing his presidential salary. Details on his dual retirement funds and taxpayer-funded perks inside.
FUTAB opposes pension denial to 2,650+ Tilka Manjhi Bhagalpur University retirees. Govt grants withheld; officials cite information gap. Read the full story.
PFRDA's new NPS model reduces mandatory annuities, allows 100% equity. Dhirendra Kumar argues this flexibility beats rigid, one-size-fits-all pension rules. Read why this is a win for Indian retirees.
Tamil Nadu government announces TAPS, fulfilling a 23-year demand of employees. DMK allies celebrate while BJP, PMK criticize it as an election tactic. Details inside.
Kerala government employees and teachers will form a human chain on Jan 22 demanding the old pension scheme, salary revision, and pending DA. Read about their key demands and the state's financial crisis.
Tamil Nadu CM M K Stalin announces Tamil Nadu Assured Pension Scheme (TAPS), a New Year gift for over 6 lakh govt employees. Scheme offers 50% of last salary as pension. Read details.
Tamil Nadu Chief Minister M.K. Stalin unveils a new assured pension scheme for state government employees, promising 50% of last drawn salary as pension and regular DA hikes. Read the full details.
Tamil Nadu govt announces Tamil Nadu Assured Pension Scheme (TAPS), offering 50% of last drawn pay as pension, ahead of planned protests. A move blending OPS benefits with fiscal caution.
Tamil Nadu CM M.K. Stalin unveils a new assured pension scheme for state employees, promising 50% pension and regular DA hikes. Read the full details here.
Tamil Nadu CM MK Stalin will announce the state's decision on restoring the Old Pension Scheme on Jan 3, potentially averting a govt employee strike from Jan 6. Details inside.
Congress leader Partap Singh Bajwa attacks Bhagwant Mann govt for halting social security pensions for lakhs of vulnerable citizens. Read about the allegations of financial mismanagement.
A Mumbai civil court ruled a caretaker acquires no property rights, ordering a gardener's family evicted from a Madh Island bungalow's servant quarters after a 15-year legal battle. Read the full judgment details.
Haryana High Court rules employers cannot withhold gratuity after trial concludes. Conviction in a private dispute is not grounds to deny retirement dues. Full details inside.
Karnataka High Court imposes a Rs 1 lakh fine for a forged property claim, calling it a waste of court time. The 20-year battle over 3 acres in Bengaluru involved fake documents.
PFRDA approves a new framework allowing banks to independently sponsor and manage NPS pension funds, aiming to enhance competition and protect subscribers. New trustees appointed and fee structure revised.
PFRDA permits banks to establish pension funds for NPS, boosting competition. Fee structure revised from 2026. NPS Trust gets new trustees. Explore the impact on your retirement savings.
PFRDA approves banks as direct pension fund sponsors for NPS, aiming to widen access and increase competition. New fee structure and trustees also announced.
A high-level Tamil Nadu committee reviewed recommendations for a unified pension scheme. The final decision will be taken by CM Stalin's cabinet on January 6. The panel also discussed the ongoing teachers' pay disparity protest.
A Mumbai civil court orders Goregaon sellers to vacate a flat sold 13 years ago after they demanded double the price. The buyer finally gets justice and ownership rights. Read the full verdict details.
Bihar government initiates Mukhyamantri Kalakar Pension Yojana, offering Rs 3,000 monthly to senior artists. 85 selected, process ongoing. Scheme aims financial security for state's traditional artists.
Calcutta High Court prioritizes public safety, allows renovation of a dangerous building declared unsafe by KMC, overriding a civil ownership dispute. Read the full ruling details.
A resident doctor at Rajkot Civil Hospital was assaulted by a patient's relative over a dispute about returning an unused blood unit. Police are searching for the accused.
A Mumbai civil court directs Siddhivinayak Builders to return possession of a flat to NRI Suresh Basantani, ruling a 2005 sale as illegal. Read the full verdict details.
Axis Pension Fund CEO calls for a Rs 50,000 tax deduction for NPS under Section 80C to revive the scheme's appeal under the new tax regime. Key demands ahead of the Union Budget.