Big news – Government is bringing new guaranteed pension scheme, know everything about it

-

PFRDA is bringing Minimum Return Guarantee Pension Scheme for millions of pensioners. PFRDA will offer this scheme in the current financial year.



new Delhi. The chairman of the Pension Fund Regulatory and Development Authority, Supratim Bandopadhyay, said that the authority is preparing to introduce a pension scheme that guarantees minimum returns. He said that the Pension Authority is in talks with pension funds and actuarial firms in this regard. Based on this interaction, the proposed plan will be prepared. He said that under the PFRDA Act we are allowed to start a minimum assured return scheme.

Also Read: Now you do not need to carry Aadhaar card, download in your mobile like this

The plan will be presented in the current financial year
Under pension fund (PF) schemes, managed funds are marked-to-market. So there are obviously some ups and downs and valuations are based on market movements. Bandopadhyay said that there might be some people who would like minimum assured returns. Therefore, we are working with our pension fund managers and some actuarial firms to determine the ideal level of minimum guarantee that can be given.



Despite this, he said that the guarantee would be linked to the market as the fund managers would have to decide the guaranteed portion of the return on investment. Asked if PFRDA will offer this scheme in the current financial year, he said, we will try. This is a product that we are making ourselves.

Subscribers have to invest fixed amount every month, quarterly or every half year in NPS NPS and APY started for government employees . After this, the subscriber is given a fixed amount of pension every month after retirement. Any Indian citizen from 18 to 60 years can join NPS. It was introduced by the Central Government on 1 January 2004. This scheme is necessary for all government employees joining after this date.



Since 2009, the scheme has also been opened to those working in the private sector. Employees can withdraw a part of NPS after retirement. At the same time, after retirement from the remaining amount, you can take an annuity for regular income.

 

The post Big news – Government is bringing new guaranteed pension scheme, know everything about it appeared first on informalnewz.



Comments

Post a Comment

Popular posts from this blog

Petrol Diesel Price: New rates of petrol diesel released, know your city prices

-
Image
Petrol Diesel Price: In February, the price of petrol diesel was increased by 16 days. In February, petrol in Delhi has become expensive by Rs 4.74 and diesel by Rs 4.52. New Delhi. There is a boom in the price of crude oil in the international market. Brent closed above $ 64 a barrel on Friday. Here the common man is relieved by the price of petrol diesel in the country. Oil in the domestic marketing companies (Oil marketing companies (OMCs) have not increased prices today continued the 21st day of petrol and diesel. The first arrived on 27 February, the price of petrol (Petrol Diesel Price) historical levels. Countries Petrol is Rs 91.17 per liter and diesel is Rs 81.47 per liter in the capital of Delhi. These prices are at an all-time high. The common man is currently relieved at the time of elections to the Legislative Assembly in 5 states of the country. February Petrol becomes expensive by Rs 5 In the month of February, the price of petrol diesel was increased for 16 da
Read more

Gold still cheaper today, there is great opportunity to earn in falling prices

-
Image
Experts say that in the next 6-12 months, gold can go up to 56500 or even above. There will be a rise in the price again, so this is a golden opportunity for investment. Seeds of continuous upward trend in US bond yields are showing pressure on the price of gold on the last day of the week. Gold is currently trading at the level of 46200. At 10.30 am, gold for April delivery fell by Rs 19 to trade at Rs 46222 per ten gram level. Similarly, June delivery gold was trading down by Rs 24 to trade at Rs 46371. In the international market, there is pressure on the price of gold. At this time, gold for April delivery was trading at $ 1,765.75 per ounce with a decline of $ 9.65 (-0.54%). Talking about silver, the silver for March delivery was trading at $ 27.28 per ounce with a drop of -0.35 (-1.27%) in the international market. There is 28.34 grams in one ounce. Silver for March delivery was currently trading at Rs. 7,722 per kg, down by Rs. 55722 per kg and Rs. 602 by May delivery on MCX.
Read more

Gold Price 30 March, 2021: Gold prices fall by Rs 12927 in full, know there will be strong profit or loss on investment

-
Image
Gold prices have decreased by Rs 12,927 per 10 grams so far from the highest level of 7 August 2020. At the same time, silver has fallen by Rs 13,564 per kg (Silver Price). Experts say that according to the data of previous years, the price of gold is also going to increase in 2021. Let us know what will be the trend in gold prices this year and what will be the return on investment? New Delhi. Not only in India, in the midst of the economic challenges that arose in the Corona crisis, people all over the world relied heavily on investment in gold. As a result, gold prices reached a record level in August 2020 on the back of tremendous buying by investors. Gold delivered huge profits to investors during 2020. Gold prices reached the highest level of Rs 57,008 per 10 grams on 7 August 2020 in Delhi Sarafa Bazar. At the same time, silver prices also reached the highest level on this day. After this, as good news about the Corona vaccine came, the price of gold and silver started falli
Read more