Access to a scheme specific lump sum (SSLS) arose where pension members had an entitlement to more than 25 per cent of their pension as a tax-free lump sum on April 5 2006. Usually, the lump sum ...

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important ...

Over 11.7 million new subscribers were enrolled under the Atal Pension Yojana (APY) in FY25, the low-cost pension plan for the masses, taking the total number of APY subscribers to 76 million.

Public Provident Fund (PPF) is a government-backed savings scheme that offers a fixed interest rate—currently ... over 15 years with yearly deposits of Rs 1.5 lakh. A mutual fund lump sum investment ...

The Public Provident Fund (PPF) is a widely trusted long-term savings scheme in India ... a Systematic Investment Plan (SIP) or as a lump sum? The answer depends on your cash flow, financial ...

You could, of course, take the lump sum and invest it. But depending on the commutation factor used by your scheme, setting an investment strategy that generates the equivalent income to that which ...

With a defined benefit or final salary pension scheme you get a guaranteed income for the rest of your life, which is based on your final salary or your career average salary when you come to retire.

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you ...

Similarly, can a Rs 3,00,000 one-time investment in a mutual fund scheme generate a retirement corpus that can overtake a fund generated by a Rs 30,00,000 lump sum investment for a shorter duration?

When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...

Lump sum pension payouts have returned to Erlanger hospital, officials announced Tuesday — almost five years after the option was suspended in September 2020. The board of the Chattanooga ...