Sunday, April 6, 2025

BANKING

The finance ministry is formulating rules for investing the pool corpus under the new Unified Pension Scheme, which ensures an assured pension for central government employees. The scheme, effective from April 2025, includes government contributions to both individual funds and a separate pool corpus. Investment decisions for the pool corpus will be handled by the government to ensure long-term viability.

from Banking/Finance-Industry-Economic Times https://ift.tt/rBVkG61
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