Investing earned money appropriately can ensure a lifetime of financial stability. There are specialized saving plans to secure your future. Financial planning is crucial at all stages of life, even after the age of 60, when earning potential decreases. LIC offers an attractive plan to address this need. Having sufficient funds is crucial for a … Read more
The Atal Pension Yojana (APY), the Central Govt Pension Scheme, is a government-initiated pension plan providing financial security to unorganized workers. Subscribers can earn a guaranteed monthly pension ranging from ₹1,000 to ₹5,000 upon retirement. In India, government employees receive a pension after retirement. Pension plans are also available for private-sector employees. However, individuals working … Read more
The government is implementing various schemes to support people from all sections of the country, particularly those in the unorganized sector. One such scheme is the Pradhan Mantri Shrama Yogi Mandhan Yojana (PMSYM), which aims to provide financial assistance to workers in the unorganized sector. The scheme offers a fixed pension of Rs. 3,000 per … Read more
Prime Minister Narendra Modi recently announced the Unified Pension Scheme (UPS) for government employees, emphasizing its pivotal role in ensuring workers’ financial security. The UPS guarantees 50% of the average basic pay for the 12 months prior to retirement as a pension, along with additional benefits such as family pension, minimum pension, and inflation adjustments. … Read more
The government has announced a new Unified Pension Scheme (UPS) for central government employees, replacing the current Shared Pension Scheme (CPS). The Central Government greatly respects all government employees who work for the country’s development. The UPS Scheme has been introduced to provide financial security to all of them so that they can live with … Read more
As you approach retirement, ensuring financial stability becomes increasingly important. The National Pension Scheme (NPS) is a government-backed initiative designed to provide a reliable monthly pension, ensuring you can enjoy your golden years without financial stress. Whether you’re looking forward to spending your retirement relaxing with a book or exploring new hobbies, planning for your … Read more
Andhra Pradesh Indian National Congress has announced the AP Old Page Pnesion amount ₹4000 to old age persons. The AP Old Page Pension will be announed under the social security scheme. It is a social security program for vulnerable sections of society to better support elderly residents. The Andhra Pradesh Old Age Pension scheme stands … Read more
Andhra Pradesh Indian National Congress has announced the AP Disable Person Pnesion amount ₹6000 to persons with disabilty. The AP Disabled Person Pension Sheme is a fantastic initiative by the AP INC that provides financial assistance to people with disabilities in the state. Everyone deserves to live with dignity and respect, regardless of their abilities. … Read more
Andhra Pradesh Indian National Congress has announced the AP Widow Pnesion amount ₹4000 to widow persons. The AP Widow Pension scheme is a welfare initiative aimed at providing financial assistance and social security to widows in the Andhra Pradesh state. The program acknowledges the vulnerable position of widows in society and aims to alleviate their economic hardships. … Read more
The Employee Pension Scheme (EPS) is an integral part of the Employees’ Provident Fund (EPF), which is managed by the Employees’ Provident Fund Organization (EPFO) in India. The EPFO, a statutory body under the Ministry of Labour and Employment, is responsible for overseeing the implementation of the EPS and ensuring its benefits reach the employees. … Read more