Although people save for retirement, most of them aren’t able to save enough for a comfortable life. But there are ways which can help them manage such situations.

Consider your life goals, expenses, and debts to determine the right coverage for your term plan.

The old pension scheme may be desirable for one class of people, but it will be a disaster for the rest, so not feasible, says Finance Secretary T.V. Somanathan.

NPS was initially launched in 2004 for the government employees to replace the old pension scheme (OPS) before opening it to all citizens in 2009.

Retirement planning demands a holistic approach that makes use of different financial instruments and strategies to ensure a steady income.

State-wise analysis of payroll data denoted that net member addition is the highest in Maharashtra, Karnataka, Tamil Nadu, Gujarat, and Haryana.

The new Andhra Pradesh government led by Chief Minister N. Chandrababu Naidu vows to distribute pensions worth Rs 4,400 crore to senior citizens this year.

One can open an SCSS account at the post office or with the bank, giving proper details such as know-your-customer (KYC) documents, PAN and Aadhaar information, etc.

The National Pension System (NPS) is aimed to ensure a regular cash flow after retirement.

The Karnataka High Court has declared the inclusion of foreign workers in the provident fund scheme as “unconstitutional and arbitrary”, forcing the EPFO to evaluate its action.