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Searched Tag: pension funds
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8th Pay Commission: How big will the pension hike be?

January 17, 2025, 09:57 AM - 3 min read

The Union Cabinet has approved the 8th Pay Commission, promising revised salaries and pensions for central government employees. Experts predict pension hikes between 20% and 30%, with a fitment factor of 2.5–2.8 determining increases.

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PFRDA aims to bridge gap in NPS' access for informal sector.

PFRDA calls for expanding NPS' reach to informal sector

December 22, 2024, 05:20 PM - 4 min read

India’s pension system faces a challenge in reaching a significant portion of the workforce, particularly those working in the informal sector, which accounts for around 80% of the country’s employment.

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