PFRDA Seeks Public Feedback on Unified Pension Scheme Draft
PFRDA invites public comments on the draft Unified Pension Scheme regulations for Central Government employees until February 17 2025 to enhance pension benefit
DGS Focuse On Health, Insurance, and Well-being of Seafarers
DGS addresses the welfare of Indian seafarers by focusing on health, insurance, and mental well-being, while gathering data for tailored support solutions.
Insuring Healthcare for old age: new initiatives
The Insurance Regulatory and Development Authority of India (IRDAI) has introduced several measures to protect senior citizens from exorbitant health insurance premium hikes. One of the most significant changes is the cap on premium increases, ensuring that health insurance premiums for senior citizens cannot be raised by more than 10% in a year. Additionally, if insurers wish to increase premiums beyond this limit, they must first seek approval from IRDAI.
Kerala Eases LIC’s Stamp Duty Process for Pension Schemes
Kerala Govt. permits LIC to pay ₹10,00,000 consolidated stamp duty for Pension and Group Insurance policies in Kozhikode Division, effective Dec 2024.
ESIC Opens New Branch Office in Bilaspur District
Employees State Insurance Corporation issued a circular officially announcing the opening of a new branch office in Bilaspur District to improve accessibility.
ESIC Partners with State Bank of India for Zero Collection Charges on Contributions
ESIC Partners with State Bank of India for Zero Collection Charges on Contributions
EPFO Deploys Functionality to Capture Data for Non-EPS Members
Employees Provident Fund Organisation (EPFO) announced the deployment of a new functionality designed to capture data for Non-EPS members of Provident Fund (PF) trusts
PFRDA Issues New Master Circular with Key Advisories for Point of Presence (PoPs)
Pension Fund Regulatory and Development Authority (PFRDA) issued a comprehensive Master Circular for Points of Presence (PoPs) under the National Pension System (NPS), NPS-Lite, and Atal Pension Yojana (APY).
IRDAI’s Progressive Regulatory Framework
These amendments align with IRDAI’s broader goals of transitioning toward a modern, principle-based regulatory framework. They aim to streamline the conduct of meetings, enhance participation, and promote effective decision-making processes across advisory committees.
Mukhiyamantri Mangla Pashu Bima Yojna – New Animal Insurance Scheme
Government of Rajasthan issued The Mukhiyamantri Mangla Pashu Bima Yojna to provide insurance coverage for livestock farmers in the state.
