National Pension System
2022 Mercer CFA Institute Global Pension Index survey (MCGPI)
The 2022 Mercer CFA Institute Global Pension Index survey (MCGPI) was released recently. Key findings Iceland topped the list, scoring the highest overall index value of 84.7. The second and third positions are held by the Netherlands (84.6) and Denmark ..
Month: Current Affairs - October, 2022
Category: Reports & Indexes Current Affairs
NPS Diwas
NPS Diwas was observed on October 1 by Pension Fund Regulatory and Development Authority (PFRDA). Key facts The National Pension System Diwas (NPS Diwas) was observed by the pension regulator to promote pension and retirement planning among Indian citizens and ..
Month: Current Affairs - October, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs • India Nation & States Current Affairs
Debasish Panda- New IRDAI Chief
Debasish Panda has been appointed as the new chairperson of the Insurance Regulatory and Development Authority of India (IRDAI) for a three-year term. Overview: Former Department of Financial Services (DFS) Secretary Debasish Panda, a retired IAS officer, has been appointed ..
Month: Current Affairs - March, 2022
Category: Awards, Honours & Persons in News • India Nation & States Current Affairs
Labour Ministry on Global pension report
On December 9, 2021, Ministry of Labour and Employment told the Rajya Sabha that; a Global Pension Index that placed pension system of India towards bottom of the list was not prepared on the basis of reliable comparable international data. ..
Month: Current Affairs - December, 2021
PFRDA to observe National Pension System Diwas
Pension regulator Pension Fund Regulatory and Development Authority (PFRDA) is set to observe National Pension System (NPS) Diwas on October 1, 2021. Key Points PFRDA also started a campaign under ‘Azadi Ka Amrit Mahotsav’ in order to promote pension and ..
Month: Current Affairs - September, 2021
PFRDA: Online option to exit from NPS
The Pension Fund Regulator recently announced that the subscribers can use online mode to exit from National Pension System. What is the current process to quit from National Pension System? Under the current process, the National Pension Subscribers have to ..
Month: Current Affairs - December, 2020
Workshop on National Pension System (NPS) for Corporates
On 18 Nov, Pension Fund Regulatory and Development Authority (PFRDA) conducted a workshop on National Pension System (NPS) for Corporates in Mumbai. The workshop was organized in association of Maharashtra FICCI. The workshop revealed that overall number of NPS and ..
Overseas Citizens of India (OCI) can now subscribe to National Pension System
As per the provisions of the PFRDA Act, the Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System (NPS) at par with Non Resident Indians (NRIs). Now, any Indian citizen, resident or non-resident ..