HomePersonal FinanceGood news for pensioners from April 1

Personal Finance

Good news for pensioners from April 1

By Parvesh Maurya

February 1, 2021

10191

From April 1, the insurance regulator IRDA has asked life insurance companies to introduce the Saral Pension Scheme.

For this, the Insurance Regulatory and Development Authority has directed life insurance companies. Under Saral Pension Plan, there will be only two annuity (annuity) option in the name of the insurer. As per the guidelines issued by IRDA, maturity benefits will not be available under Saral Pension Plan. However, it will have an option to refund 100% of the purchase price.

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Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com

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