-Hindustan Times The Himachal Pradesh government has written to the Centre asking for a refund of the money deposited for the New Pension Scheme, chief minister Sukhvinder Singh Sukhu announced on Wednesday. Shimla: The Himachal Pradesh government has written to the Centre asking for a refund of the money deposited for the New Pension Scheme (NPS), chief minister Sukhvinder Singh Sukhu announced on Wednesday, moving another step closer to fulfilling the poll...

-The Telegraph The National Pension System is a disaster for retiring employees, says an apex body of various government unions; pension under existing scheme just 15% of that under earlier one A federation of Central government employees’ unions has written to the Cabinet Secretary to restore the Old Pension Scheme (OPS), stating that the National Pension System (NPS) is a disaster for retiring employees in their old age. The federation said a Defence...

-ThePrint.in While private school students are dropping out to enroll in crash courses for CUET, those who cannot afford these coaching classes feel they are at a disadvantage. New Delhi: Alarm for Class 12 board exams, that lived rent-free in the minds of students, has now been replaced by the rush to enroll in expensive crash courses to prepare for the Common Universities Entrance Exams (CUET). Introduced in 2021, CUET is a single-window...

-The Telegraph If the NCTE proposals are accepted, they will be able to get promotions like their peers in colleges and universities The Centre is set to introduce performance-linked promotion for schoolteachers. The National Council of Teacher Education (NCTE), the apex regulatory body on teacher education, is holding consultations with teachers and other stakeholders on a draft National Professional Standards for Teachers (NPST) document prepared by it. It is not clear whether the...

-The Hindu Admitting that annuities now fetch paltry pensions, regulator says investors can withdraw the corpus The National Pension System (NPS) will no longer compel investors to convert 40% of their accumulated retirement corpus into an annuity, as poor yields on annuities and high inflation are translating into negative returns, the Pension Fund Regulatory and Development Authority (PFRDA) Chairman, Supratim Bandyopadhyay, said on Thursday. The regulator will issue fresh rules to soon allow...