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Blog Finance

LIC Smart Pension Plan 2025: LIC Launches New Scheme – Sale starts on February 18th, 2025

Life Insurance Corporation (LIC) has launched its newest pension scheme, the LIC Smart Pension Plan 2025. LIC has introduced its latest offering, the ‘LIC’s Smart Pension,’ a Non-Participating, Non-Linked, Individual/Group Savings Immediate Annuity Plan. Tailored for the domestic market, this plan will be available for purchase starting February 18, 2025. In this Blog, we will …

NPS Annuity Scheme 2025.jpg
Blog Finance

NPS Annuity Scheme 2025: Features, Types of Annuities, Benefits, and Annuity Options for Investment?

The government introduced the National Pension System (NPS) as a retirement savings plan to support individuals during their working years. Initially launched in 2004 for government employees, it was extended to the general public in 2005. The NPS encourages individuals to save for retirement by contributing during their employment. At the time of the maturity …