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Pension Schemes in India

Odisha Old Age Pension Hiked under Madhu Babu Pension Yojana (MBPY)

Updated on: January 21, 2019 | Published on: January 21, 2019 | By: Karan Chhabra | No Comments

Odisha govt. has raised the social security allowance under the Madhu Babu Pension Yojana. Now the old age pension for all the senior citizens under MBPY is hiked which will come into effect from 15 February 2019. CM had made this announcement at a programme organized under Ama Gaon Ama Bikash campaign in Bhubaneshwar. Earlier […]

AP NTR Bharosa Scheme – Old Age / Widow Pension Amount Doubled to Rs. 2,000

Updated on: January 13, 2019 | Published on: January 13, 2019 | By: Karan Chhabra | No Comments

The state govt. of Andhra Pradesh has doubled the pension amount under the NTR Bharosa Scheme. Now the beneficiaries of Old Age Pension Scheme, Widow Pension Scheme and others will get Rs. 2,000 per month. This announcement to double the pension amount from Rs. 1,000 to Rs. 2,000 p.m was made on 11 January 2019 […]

National Pension Scheme (NPS) Premature Withdrawal New Rules 2019

Updated on: January 11, 2019 | Published on: January 11, 2019 | By: Karan Chhabra | No Comments

Narendra Modi govt. has now released National Pension Scheme (NPS) Premature Withdrawal Rules 2019. Under these rules, govt. allows early partial withdrawals upto 3 times from New Pension Scheme Fund. Each partial withdrawal should not exceed 25% of contributions made by the subscriber excluding contributions of employer. Tier II account holders have no restriction on […]

Kisan Pension Scheme 2019 for Farmers to Be Rolled Out in Haryana

Updated on: January 10, 2019 | Published on: January 10, 2019 | By: Karan Chhabra | No Comments

Haryana govt. is soon going to rollout Kisan Pension Scheme 2019 for farmers in the state. For this purpose, the state govt. has already constituted a committee to formulate the pension scheme for farmers. This committee will submit its report to the CM Manohar Lal Khattar. The committee members also hold discussions over the eligible […]

Rajasthan Old Age (Vridhavastha) Pension Scheme Form, PPO Status & List [2019]

Updated on: January 5, 2019 | Published on: January 5, 2019 | By: Karan Chhabra | 4 Comments

Social Justice and Empowerment Department (SJED) in Rajasthan has launched Old Age Pension Scheme / Mukhyamantri Vridhjan Samman Pension Yojana to provide Pension to Senior Citizens. Under Vridhavastha Pension Yojana (वृद्धावस्था पेंशन योजना), the state govt. will provide Rs. 1000 per month to the old age citizens who are domicile of Rajasthan. Eligible candidates can […]

PM Sampann Scheme Portal – Track Pension Status Online at dotpension.gov.in

Updated on: December 30, 2018 | Published on: December 30, 2018 | By: Karan Chhabra | No Comments

PM Narendra Modi has launched SAMPANN Yojana as a comprehensive pension management scheme (CPMS) on 29 December 2018 in Varanasi. SAMPANN (System for Authority and Pension Management) Scheme will enable the pensioners to track the status of their pension online while sitting at their home. The official PM Sampann Scheme Portal dotpension.gov.in has been launched […]

Jharkhand Old Age / Widow / Viklang Pension Amount to be Raised to Rs. 1000

Updated on: December 13, 2018 | Published on: December 13, 2018 | By: Karan Chhabra | No Comments

Jharkhand govt. is going to raise the assistance under the Old Age Pension, Widow (Vidhwa) Pension and Viklang (Divyangjan) Pension Scheme from Rs. 600 to Rs. 1000 per month. This increment would be announced in the upcoming state budget for the FY 2019-20. The state govt. wants that the entire 3.25 crore population of the […]

5 Lakh New Madhu Babu Pension Yojana Beneficiaries to be Included – Odisha Peetha Scheme

Updated on: December 13, 2018 | Published on: December 13, 2018 | By: Karan Chhabra | No Comments

Odisha govt. has announced to include 5 lakh new beneficiaries in Madhu Babu Pension Yojana under PEETHA scheme. This inclusion will ensure that not a single eligible person is left out under social security scheme benefits. Moreover, CM has also announced that around 40,000 artist beneficiaries would also get pension under the Mukhyamantri Kalakar Sahayata […]

Delhi Widow (Vidhwa) Pension Scheme – Apply Online / Application Form / Amount

Updated on: December 12, 2018 | Published on: December 12, 2018 | By: Karan Chhabra | No Comments

Delhi govt. is inviting online application forms for the Widow Pension Scheme at edistrict.delhigovt.nic.in. Under this Vidhwa Pension Yojana in Delhi, all the women in distress who are divorced or have been left can apply for monthly pension amount of Rs. 2500. Interested candidates can fill Vidhwa Pension Yojana form to apply online for Delhi […]

Govt. Contribution to National Pension Scheme to Rise to 14% of Basic Salary

Updated on: December 12, 2018 | Published on: December 7, 2018 | By: Karan Chhabra | No Comments

Central government has approved to raise the contribution to National Pension Scheme (NPS) to 14% of basic salary from the current 10% for government employees. However, the minimum employee contribution will still remain at 10%. Cabinet Committee has also approved tax incentives under section 80C of Income Tax (IT) Act for employees contribution to the […]