Pension
Latest news, explainers and analysis on Pension. Tracking 2 stories on Arth Vani.
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Latest on Pension
BreakingWest Bengal 7th Pay Commission Considers Central Pay Parity, 5% Annual Increment
West Bengal's 7th Pay Commission is reviewing demands to align state government employee salaries with Central government pay scales. Key proposals include increasing the annual increment from 3% to 5% to address existing pay anomalies and current economic conditions.
Retirement Planning: Is a ₹2 Crore Annuity for Life Worth the Trade-offs?
Investing a lump sum in an annuity can provide a guaranteed monthly income for life, but it requires giving up liquidity and potential market gains. For Indian retirees, understanding the balance between safety and flexibility is crucial before locking in capital.
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