Retirement

The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said the number of private sector subscribers of New Pension Scheme (NPS) saw a 60 per cent increase during the April 2016 to January 2017 period due to exemptions provided in the earlier Budget.   "Private...
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  • The Employees' Provident Fund Organisation on Monday lowered the interest rate on deposits to 8.65% for fiscal 2016-17 from 8.8% in 2015-16, said a member of its apex board of trustees.   "The Central Board of Trustees has take a decision to reduce the interest rate on EPFO's deposits...
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  • More than half of Indian employees anticipate that they will be up against a less comfortable retirement than their parents' generation, a survey by global advisory, broking and solutions company Willis Towers Watson said.   According to the 2016 Global Benefits Attitudes Survey, 56...
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    While Americans are notorious for poor long-term savings, I am sure that the plight of senior citizens living exclusively on their own savings is not too good either. Retirement just happens. Retirement means the loss of your earning and perhaps trying to live on your savings and, often, a...
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  • New York : If you are 65 and still working, it can be an add-on for you to live longer while retiring early may increase your chances of dying early, says new research, suggesting that there is a strong relationship between work and longevity.   The findings showed that healthy...
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