Indira Gandhi National Old Age Pension Scheme

29% senior citizens have access to social security schemes like pension, PF: Report

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29% senior citizens have access to social security schemes like pension, PF: Report

A recently published report by NGO HelpAge has said that only 29 per cent elderly people have access to social security schemes, such as old-age pensions or provident funds. The report, ‘Ageing in India – Exploring Preparedness & Response to Care Challenges – A HelpAge India Report’, further stated that around 29% of senior citizens … Read more

Pension schemes aiming to reach AUM of Rs 12 lakh cr by March-end; added 97 lakh subscribers in 2023: PFRDA chief

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Pension schemes aiming to reach AUM of Rs 12 lakh cr by March-end; added 97 lakh subscribers in 2023: PFRDA chief

Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty has said that the pension schemes, such as the National Pension System (NPS) and Atal Pension Yojana (APY), have added 97 lakh new subscribers in 2023, taking the total subscriber base to 7.03 crore as of December 31, 2023. Of the total subscribers, 5.3 crore … Read more