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.
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.
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.
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.
Axis Max Life launches High Growth Fund II, an actively managed midcap equity fund with an 80-100% equity allocation. NFO period runs from 31 December 2025 to 15 January 2026. Explore its strategy, risk profile, and who should invest.
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.
Punjab & Haryana High Court dismisses petition by Haryana employees challenging the cut-off date for the Old Pension Scheme. The court upholds the state's policy decision. Read for details.
Uttar Pradesh's old age pension scheme expands to 67.5 lakh beneficiaries after adding 9.83 lakh in 2025. Digital drives weed out ineligible names, ensuring support reaches the deserving elderly.
BRS leader Chennamaneni Ramesh, declared a non-citizen by Telangana HC, continues to receive MLA pension. Congress MLA Adi Srinivas demands recovery of all benefits. Read the full controversy.
Experts propose a radical pension model for Viksit Bharat: start contributions at birth with a govt seed fund. This could secure a ₹2.1 lakh monthly pension by 60, tackling India's ageing crisis. Read the full proposal.
2025 saw landmark reforms in India's retirement landscape. Explore key changes to NPS flexibility and stricter EPF withdrawal rules, and learn how they impact your financial future.
Kerala Finance Minister K N Balagopal alleges the central government has failed to transfer welfare pensions, despite the state advancing Rs 25 crore. Over 8.4 lakh beneficiaries affected.
The University of Mysore fails to pay monthly pensions to its 1,900+ retired staff, citing a severe fund crunch. Retirees face medical & financial emergencies. Read more.