The Life Insurance Corporation of India (LIC) has introduced the LIC Smart Pension Plan 2025, a non-linked, non-participating savings and immediate annuity plan designed to ensure long-term financial security for individuals and groups. This plan provides guaranteed fixed benefits, catering to various financial needs with multiple annuity options. Key Features of LIC Smart Pension Plan … Read more
EPFO Pension Hike 2025: Will the Minimum Pension Increase to ₹7,500? The Union Budget 2025, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, is highly anticipated by pensioners and working professionals alike. Among the key expectations is a potential increase in the Employee Provident Fund Organization (EPFO) pension, which currently stands … Read more
The Employees’ Provident Fund Organization (EPFO) has introduced significant updates for 2025, aimed at enhancing financial security for employees with salaries up to Rs. 15,000. These changes include higher employer contributions, increased pension benefits, and faster claim settlements, ensuring better support for workers in the organized sector. If your salary is Rs. 15,000 or lower, … Read more
The Employees’ Provident Fund Organization (EPFO) Update 2025 is set to introduce a new scheme in 2025 aimed at benefiting workers earning up to ₹15,000 per month. This initiative seeks to improve retirement savings, pension benefits, and insurance coverage, ultimately providing financial security for employees as they approach retirement. Here’s an overview of the proposed … Read more