Page 6 - Retirement

No proposal to change retirement age of central govt employees: Govt

There is no proposal to change the age of retirement of central government employees, Minister of State for Personnel Jitendra Singh said on Wednesday

Managing expectations

EPFO subscribers should be prepared for lower returns

Strapped for cash? Dip into your EPF corpus only as the last resort

Sell off investments that you possess in a manner that your asset allocation is maintained

Air India employees protest delay in disbursement of retirement dues

The employees have asked the Air India CMD to intervene in the matter urgently and ensure that retirees are given their final settlements in terms of the Office Order

From arbitration award to power arrears, here're the key court orders

An international arbitration wound its way through four courts in India, and two times in the Supreme Court, lasting two decades before ending last week at the apex court

Limit on employer's contribution to retirement plan: All questions answered

Contributions to NPS may need to be scaled down

Titan pays Rs 25 crore to ex-MD Bhaskar Bhat as special retirement benefit

The Tata Group JV saw an increase of almost Rs 77 crore in the employee benefits expenses for the quarter

Mega mergers and mega pension liabilities

As the government tries to set up robust next generation banks, concrete steps are needed to tackle the long-term risk of retirement liabilities

India's public spending on old-age pensions a mere 1% of GDP: Study

India, Indonesia and South Korea are among the countries with the highest share of people who wish to continue working after the retirement

Purchase an annuity, but go for the right variant at the right age: Expert

Retirees may consider a few other products as well to generate a regular income after retirement

Annuity plans take care of longevity risk, but their rate of return is low

The key attraction of an annuity is the promise of a fixed and regular income after retirement

Economic Survey warns of aging population, says retirement age should rise

It also said that policymakers need to prepare for an increasing number of elderly people, estimating there will be 239.4 million Indians over the age of 60 in 2041 against 104.2 million in 2011

Pension burden: More Japanese opt to retire late, extend employment period

Some economists expect the average pension-to-wage ratio to keep deteriorating and worries are growing that Japan's 'pay-as-you-go' pension scheme may be unsustainable

Life begins at 70

Romesh Sobti joins the growing list of reluctant retirees

How postponing retirement can plump up your savings, social security checks

By continuing to work through their 60s and beyond, they can bulk up their retirement funds and Social Security benefits and compress the time they'll have to live on savings

Will you be able to build an adequate nest egg for your retirement?

The key is to start early. Invest in equities to beat inflation.

Only one in every three Indian saves regularly for their retirement: Report

The report found that over half of working-age people (56 per cent) globally are living on a day-to-day basis financially

Checklist: Don't just assume you are saving enough for retirement

Calculate methodically how much you will need, then save regularly for it using a diversified portfolio

Retirement is not the top priority for new money

19% of those in the 25-34 year age bracket keep their savings in cash at home

Statutory savings not enough for retirement corpus

While the government's mandatory pension provisions are improving, you need to save a lot more regularly to be able to retire in comfort