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Punjab's pension predicament - Newspaper


The assets of the Punjab Pension Fund (PPF) are estimated to grow to Rs84.7 billion at the end of the present fiscal year of 2020-21. The government, according to the provincial budget documents, has contributed Rs38.1bn into the fund in 13 years while the remaining Rs46.6bn has been earned through its investments.
The budget documents show the fund has earned a ‘reasonable’ real rate of return of 4.26 per cent per annum since its inception in 2008-09, illustrating the success of its investment strategy. “The investment strategy followed (by the PPF) over the years has worked well. The Pension Fund continues to earn an attractive real rate of return because of its high yielding portfolio of federal government debt like Pakistan Investment Bonds, Term Finance Certificates and National Saving Schemes. The fund’s equity portfolio has also posted a healthy return of 28.8pc during the outgoing financial year,” the documents say. ....

Punjab Pension Fund , National Saving Schemes , Pension Fund , Pakistan Investment Bonds , Term Finance Certificates , National Saving , Defined Benefit Pension Scheme , தேசிய சேமித்தல் திட்டங்கள் , ஓய்வூதியம் நிதி , பாக்கிஸ்தான் முதலீடு பத்திரங்கள் , கால நிதி சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , தேசிய சேமித்தல் , வரையறுக்கப்பட்டுள்ளது நன்மை ஓய்வூதியம் திட்டம் ,

Profit rates on savings schemes raised - Newspaper


ISLAMABAD: The Central Directorate of National Saving (CDNS) on Thursday slightly increased profit rates on a three savings instruments with immediate effect.
According to a notification, the return on 10-year defence savings certificates has been increased by 0.06 percentage points to 9.35pc from existing rate of 9.29pc.
Likewise, the return on five-year regular income certificates was jacked up by 0.12 percentage points to 8.76pc from existing rate of 8.64pc.
Similarly, the rate of return on six-month savings certificates has been enhanced by 0.06 percentage points to 7.20pc instead of 7.14pc.
On the other hand, return on all other products including Special Saving Certificates (SSC), Short-Term Saving Certificates (STSC), Saving Accounts, Pension Behbood Accounts, Special Savings Accounts and Shuhada Family Welfare Accounts would remain unchanged. ....

Central Directorate Of National Saving , Central Directorate , National Saving , Special Saving Certificates , Short Term Saving Certificates , Saving Accounts , Pension Behbood Accounts , Special Savings Accounts , Shuhada Family Welfare Accounts , மைய இயக்குநரகம் ஆஃப் தேசிய சேமித்தல் , மைய இயக்குநரகம் , தேசிய சேமித்தல் , சிறப்பு சேமித்தல் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , குறுகிய கால சேமித்தல் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , சேமித்தல் கணக்குகள் , ஷுஹாதா குடும்பம் நலன்புரி கணக்குகள் ,

Profit rates on saving schemes revised


Daily Times
June 18, 2021
The Ministry of Finance has revised profit rates on various National Savings’ schemes. According to a notification issued on Thursday, the new profit rates will be applicable immediately. The profit rate on 10-year Defence Savings Certificate has been fixed at 9.35 percent, Regular Income Certificate at 8.76 percent, and 6-month Short-Term Savings Certificate at 7.20 percent. Whereas, the profit rate on Pensioners Benefit Account, Shuhada Welfare Account, Special Savings Certificates, Behbood Savings Certificate and saving accounts will remain unchanged, the notification said. Earlier in May, the government made adjustments to returns on almost all national savings instruments with immediate effect. According to notification issued by the Ministry of Finance, the return on Shuhada’s Family Welfare Accounts and Pensioners’ Benefit Accounts had been reduced from 11.52pc to Rs11.04pc with effect from May 19, 2021. Likewise, the profit payable o ....

National Saving , Defence Savings Certificate , Regular Income Certificate , Short Term Savings Certificate , Pensioners Benefit Account , Shuhada Welfare Account , Special Savings Certificates , Behbood Savings Certificate , Family Welfare Accounts , Pensioner Benefit Accounts , Bahbood Savings Certificates , Defence Savings Certificates , தேசிய சேமித்தல் , பாதுகாப்பு சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇ , வழக்கமான வருமானம் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇ , குறுகிய கால சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇ , ஓய்வூதியம் பெறுவோர் நன்மை எண்ணுதல் , ஷுஹாதா நலன்புரி எண்ணுதல் , சிறப்பு சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் , ஓய்வூதியதாரர் நன்மை கணக்குகள் , பாதுகாப்பு சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ் ,