This scheme comes with the option of getting a fixed pension ranging from Rs. 1,000 per month, up to Rs. 5,000 per month after reaching 60 years of age.
The regulator has made some changes to insurance pension products on the lines of the National Pension System. All individual pension products will have explicitly defined assured benefit payable on death and vesting.
External affairs minister S Jaishankar in his meeting with the foreign minister of Brazil is expected to raise the issue of delay in talks for the expansion of India-MERCOSUR PTA next week.
