Finance
DoggfatherSwasthya: Pension Plans with Health Insurance? You Bet!
Yo, listen up! The PFRDA just dropped some smooth news, g! Three fly pension fund managers are mixin' retirement savings with health insurance under the cool 'Swasthya' program. You can stash up to 30% of your pension for medical needs, keepin' your pockets heavy when you’re old. ICICI, Axis, and Tata are ready to launch this fresh ride soon, fo’ shizzle!
few days ago | Sunainaa Chadha
Quick rundown
1.NPS may soon offer a combo of pension savings and healthcare protection.
2.PFRDA's 'Swasthya' initiative encourages saving for medical expenses in retirement.
3.Up to 30% of pension savings could be earmarked for healthcare needs.
4.ICICI, Axis, and Tata groups are experimenting with bundled pension products.
5.Efforts are underway to sustain double-digit returns and explore alternative investments.
