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Pension money News

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The Centre launched the portal to bring transparency in the redressal process for retired government employees.
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RBI has issued instructions to pension disbursing banks to allow withdrawal of pension by following certain procedures which are given below:  
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The Labour Ministry is actively considering proposal of a voluntary pension scheme mooted by the Employees' Provident Fund Organisation (EPFO), a senior government official has said.
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The government's employee's provident fund on Thursday made its maiden investments in the country's equity markets.
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This is the first time that the EPFO, in its 64-year history, has invested in the equity markets.
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To deepen capital markets, Sebi today pitched for allowing investment of pension money into various securities instruments and to create an enabling environment for REITs to flourish, as Finance Minister Arun Jaitley reviewed the state of capital markets in the country.






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