pension account

Bizarre error! Bihar farmer richer by Rs 52 crore, asks govt if he can keep some of the money

"We have spent our lives farming. I only appeal to the government to give us some of this amount so that we can spend the rest of our lives smoothly," farmer Ram Bahadur Shah appealed to the government, after discovering crores of erroneously transferred money in his pension account

Sep 18, 2021, 12:18 PM IST

To check misuse of NPS, PFRDA bars third party payments in Tier II accounts

In order to arrest the misuse of NPS, pension fund regulator PFRDA has said contribution to savings account (also called Tier-II account), which is attached to pension funds, can only be made by the subscriber and not by any third party.

Jan 15, 2017, 18:17 PM IST