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Shri Jayant Sinha, MoS (Finance) inaugurates the Second Pension Conclave under the theme of “Universal Pension- Coverage, Adequacy and Sustainability”; Stresses upon the priority to provide the universal pension security including income security, health and life insurance to the people as early as possible

News and Press Release - Dated:- 4-2-2016 - The Minister of State for Finance, Shri Jayant Sinha, stressed upon the priority to provide the universal pension security including income security, health and life insurance to the people at large. He sai .....

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nsion- Coverage, Adequacy and Sustainability being organised by the Pension Fund Regulatory and Development Authority (PFRDA) here today. In his address, Shri Sinha further stressed upon the fact that it is the right time when the advantage of young .....

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He stressed the importance of enrolling people into Pension schemes as quickly as possible, to take the advantage of the large number of young people in the country who would otherwise become dependent on the State and society in the old age. Second .....

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e and to debate key issues pertaining to the challenges in pension sector and the need and ways to expand the pension coverage across the country. Earlier, Shri Hemant Contractor, Chairman, PFRDA, in his Keynote Address, gave an overview of the devel .....

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A has spruced-up the pension product making it user friendly by introducing the online mode for registration and contribution upload under NPS. Currently, 16 Banks are providing this facility. Around 35 Banks are using the SBI payment gateway, which .....

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rtfolio and in the process, had permitted investment in new investments such as REITS, INVITS, IDFs etc. He also added that effort was required to meet the challenges facing the unorganised sector including low awareness and low income levels to save .....

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ation in their old age. The event was graced by presentations and panel discussions by eminent domain experts from World Bank- Mr Onno Ruhl, Country Director, Mr Robert Palacios, Senior Pension Economist and Mr William Price, Sr. Financial Sector Spe .....

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the conference. The discussions covered wide ranging sub-themes viz. (i) Pension reforms as part of the financial sector and fiscal reforms, (ii) social and economic aspects of the pension reforms, (iii) adequacy and sustainability of the pension to .....

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