Planning for a comfortable and financially secure retirement is essential for everyone. The National Pension System (NPS), a government-backed retirement savings scheme in India, offers a reliable way to save for your golden years. But how can you estimate your future pension? This article will guide you through using the NPS Pension Calculator on the … Read more
EPFO pensioners can check their EPF pension payment statement or month-wise PPO details at the EPF pension payment enquiry portal or PP Enquiry Portal of the Pensioners Enquiry portal at epfindia.gov.in. The EPF Pension Payment Statement is an important document that provides a detailed summary of your pension payments. It includes information such as the … Read more
Are you worried about the uncertainty of your pension upon retirement? This is a common concern, but you can find relief and plan effectively with the right tools, like a pension calculator. It can provide a clear picture of your future income and bring you peace of mind. Retirement should be a time for relaxation, … Read more
Employees Provident Fund Organization (EPFO) has introduced a new ‘Application Form 6A’ to make it easier to claim a pension after retirement. This form can be submitted online through the EPFO portal, resulting in faster pension claim settlement. Previously, pension claims had to be made offline, which was time-consuming and challenging for retirees. However, the … Read more
The Central Government has released a New Single Simplified Pension Application form, Form 6A, for retiring employees. The new form is a significant step towards the government’s vision of “Maximum Governance—Minimum Government.” It aims to simplify and streamline the pension process, making it more efficient and user-friendly for retired employees. It merges the previous nine … Read more
If you are employed in a government or private organization, a certain amount of your salary is deducted monthly to contribute to the Employees’ Provident Fund (EPF). By contributing continuously for 10 years, you secure your future and become eligible for a pension from the Employees’ Provident Fund Organization (EPFO) after retirement, ensuring a financially … Read more
Get your Telangana Pensioners Pension Statement online. Know how to download, required documents, and importance. Plan your finances with your pension details. As a pensioner in Telangana, your pension statement is a vital document that contains essential information about your pension and tax deductions. What is Telangana Pensioner Pension Statement? The pension statement is a … Read more
If you want your wife to receive a pension of 45,000 rupees every month after she turns 60, you can start depositing 5000 in her name in the National Pension System (NPS) scheme. The NPS is a voluntary, long-term retirement savings scheme designed to enable systematic savings during your working life. This can ensure a … Read more
The Employees’ Provident Fund Organisation (EPFO) frequently updates and simplifies its rules to benefit customers. Recently, a significant change has been announced for private employees, which will take effect on January 1, 2025. The central government has already approved this new policy. Under the upcoming policy, 7.8 million pensioners nationwide will benefit from a new … Read more
The Central Government has introduced a scheme to provide financial security to all employees and empower them to avoid financial difficulties after retirement. The National Pension System, as an alternative, offers a significant degree of flexibility, allowing those currently in the NPS to shift to the new scheme. One of the benefits of the new … Read more