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Home Uncategorized Now the new scheme of ‘guaranteed return’ is coming in ‘pension’, see...

Now the new scheme of ‘guaranteed return’ is coming in ‘pension’, see what will be the benefit

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There is great news for millions of pensioners of the country. The government is going to come up with a new scheme. The Pension Fund Regulatory and Development Authority (PFRDA) says that soon a pension scheme with guaranteed minimum returns will come up, preparations are underway.



New Delhi: There is great news for millions of pensioners of the country. The government is going to come up with a new scheme. The Pension Fund Regulatory and Development Authority (PFRDA) says that soon a pension scheme with guaranteed minimum returns will come up, preparations are underway. PFRDA can do this scheme only in the current financial year.

Scheme will be outlined PFRDA President Supratim Das Bandopadhyay says that “talks are going on with pension funds and actuarial firms”. Based on this conversation, the plan will be prepared. A minimum assured return scheme is allowed to be introduced under PFRDA law. Funds being managed under pension fund schemes are marked mark-to-market. Obviously, there are some fluctuations in it. They are evaluated by looking at the state of the market.



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Supratim Das Bandopadhyay said that ‘PFRDA is negotiating with pension fund managers and actuarial firms to provide minimum assured returns to the pension fund. Its purpose is to decide what is the minimum level of pension guaranteed, which can be given.

PFRDA says that this pension guarantee scheme will be linked to the market. The fund managers must decide the guaranteed portion of the return on investment.



Such a scheme has not yet been made
PFRDA has done a lot of work to create and add features of National Pension Scheme (NPS) and Atal Pension Yojana (APY), but these are all central government schemes. The scheme that PFRDA is planning to introduce will be its first real scheme. This will also be special because PFRDA does not yet run any such guaranteed scheme.

In NPS, the subscribers have to invest a fixed amount every month, quarterly or half-yearly. After retirement, a fixed amount of pension is given to the subscribers. The National Pension Scheme was started by the Central Government on 1 January 2004. This scheme is necessary for all government employees joining after this date.



Private sector employees may also be involved
After the year 2009, this scheme was also opened to those working in the private sector. After retirement, employees can withdraw a part of the NPS, while the remaining amount can take an annuity for regular income. In the National Pension Scheme, anyone between 18 and 60 years can take

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