PFRDA

Pension Fund Knowledge Base

What happends when city pension fund boards invest millions of dollars in a risky business? Several city pension fund boards agreed in 2006 to invest $68 million in DV Urban Realty. Who and how does this affect? Is this legal or illegal? Is it ethical?
What happens to the assets of a Pension Fund when there are no surviving beneficiaries? There must be instances of a company pension scheme that outlives the company but eventually all the former employees will pass away. So what happens to the fund when the last surviving beneficiary dies?
How to claim back pension fund in switzerland? Does anyone know how to claim the pension fund in Switzerland for foreigner? When we did our internship in Switzerland, our salary was deducted certain amount for this and someone said that if we are foreigner and no longer in Switzerland, we are entitled to claim it back before retirement age. It was back in 95 - 97 and we're unsure how to go about it. Can anyone help? Serious answer only please. Thank you.
How do i raise capital from my private pension fund? I previously asked a question but ommitted to mention this is a private personal pension ( i am self employed). I am looking to buy a property as an investment through renting it out. I have a sizeable pension fund and hoped there was a method of borrowing on the strength of this.
How do you findout who manages a pension fund? I do not work for this company, but am doing research for an attorney. How do if I find out who manages a pension fund at a company? HR will not tell me since I am not an employee.This company has also since merged with another. Any help is greatly appreciated. Sorry if I was unclear. I'm not looking to sue the fund or the manager. I just need to know who manages the plan.
Amount - credited in Pension fund through arrears of the salary in bank is tax exempted or not? Sir, recently by a settlement in the bank the employees and officers have returned back an huge amount through their arrears of the wages to credit the pension fund . I want tax exemption in the pension fund amount.Guide me.
What is the name address and phone number for Laborers local 75 pension fund? Local 75 is in Joliet IL, I need to contact thier pension fund.
Is there any way to obtain pension fund? Are there any clever ways to obtain or transfer funds from a private pension plan into another structured investment maybe? The fund in question is literally sitting still with no frequent payments being input as payments were stopped due to the plan being managed in a negative way. Traditionally people are not authorised to gain access to their funds before retirement, but am wondering if there are 'other ways' to extract this. Thanks in advance people.
I have a pension fund and need access to it? I have thousands of dollars in a pension fund and left that employer recently. I am now in financial hardship and that is the only money I have. How do I get it?! Theres got to be a way!
Are govt contributions to my pension fund taxable? I am a teacher and every 2 weeks, in addition to my own contribution, the govt (employer) contributes some amount of money to this pension fund for teachers of the state I live in.
Is UTI Retirement Benefit Pension Fund is good fund to leverage High risk appetite of investors? Is UTI Retirement Benefit Pension Fund is good fund to leverage High risk appetite of investors as well as to get Tax benefits?I have to renew my SIP next week, so please advise.Thanks.
Is the Gordon trying to get his paws on the Royal Mail Pension Fund ? The Post Office has £22 billion in its pension fund but faces a £7 billion deficit. Senior industry sources have suggested that the Government is planning to seize the £22 billion and use it to make it look as though government borrowing figures are lower. http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article5349280.ece
How safe is the money in your pension fund? What if the company goes bankrupt? Is there an FDIC-type agency? to back the money in the pension fund? How many percent of the money can you expect to get?
I am Indian, 40 year and willing to buy a good pension fund. Any good suggestion for me? which pension fund good in india for a long term of next 20 years? I am working outside india and I do not have any protection after retirement.
If a working person (UK) is facing bankruptcy is their pension fund in jeopardy? I have a friend who potentially is facing bankruptcy. She is in good job and is in the NHS pension scheme though she is many years from retirememnt. It has been suggested that the Insolvency Service can apply to earmark some of her pension fund but is this true? Does anyone know any good weblinks where i might find further reading on the subject? Thanks in anticipation of your help.
Is it really true that you can not cash in a UK pension fund until retirement age? Need some cash now and want to cash long dormant pension fund. Any suggestions? Thanks.
how can I change my pension fund so I can take it now? I have a pension that seems to be doing nothing, it is a with profit fund and contains a liability for a guaranteed minimum pension.
Need open-source or cheap pension fund administration software for medium size business? We have a definied contribution pension plan at my medium-size company. The contibutions are being added to a fund. Then employees can take loans from the fund. It hasn't been administered well, or seperately, and now I'm trying to clean things up. Does anyone know of a decent fund administration program I can use to keep track of each employees account accurately? Open source or cheap is ideal. Don't have much of a budget. We've been trying to use Excel but it's more than a bit of a mess.
How to open Personal Pension Fund? Hi I am from UK, I start working now. My employer don't set up any pension fund for us. I would like to set up my personal pension fund. How would i do it? I would like to regularly(monthly) transfer small amount (around £50) to pension fund. I tried to call Big pension fund company(axix, aviva etc) and they pass their associate(agents) who are my local. I didn't get much information from them. If you know any information about personal pension fund, I would like to thank you for sharing it.
what is the method of calculating monthly pension as per EPFO pension fund scheme? I was member of the Family Pension Fund scheme, under the old scheme from 1985 to 1995 (10years) then continuing under the new scheme from 1995 to 2003 (8years). My basic salary at the time of leaving service was Rs.13000. I have been unemployed since 2003. I have now reached the age of 58. How will my pension be calculated under the family pension scheme rules? If any one has any knowledge of this please help. Thanks
Do you support Obama continuing to ravage your company's pension fund? My employer's pension fund has fallen by 25% since he got elected thanks to his policies of punishing corporations and squandering America's wealth. Will there be any money left to pay us when we retire?
2 inactive personal pensions.can i cash them without affecting active pension fund? i have 2 personal pensions inactive for more than 15 years and not worth a lot, can i cash them in without touching my active avc fund and company pension. 60 years old.
Withdrawal of personal pension fund from an instituition.? Will a person who became disabled while employed and then terminated from their position before attaining the age of 59.5 years be made to pay 20% fine and a 10% fee for withdrawing their personal pension funds from an annuity.
Are you sorry for our teachers pension fund? Our teachers fund invested their pensions in BP, and as Obama robbed BP our teachers lost one third of their pensions. Our teachers at school used to be very liberal and made us sing MmmMM MMM Barack Hussein Obama but not any more. Our English teacher tells us to not use foul language, but yesterday she was overheard cursing Pres. Obama in very very foul language.
Can I transfer my contracted out SERPS pension fund into a stakeholder pension? The value of the fund is approximately GBP 5,000 is there a restriction on the minimum amount that can be transferred. Thank you!
Why is the California teachers union pension fund $56 billion dollars in the red? Gay Newell, I know you love your union. Would you care to explain this for us? http://calcoastnews.com/2011/04/california-teachers%E2%80%99-pension-fund-56-billion-in-the-red/ Is the LA times? http://articles.latimes.com/2010/jan/29/business/la-fi-calstrs29-2010jan29
Which one to choose;employee saving fund or pension fund? I am confused which one to choose; employee saving fund which will give me around 600,000 in 15 year time or pension which will give me 3000 a month for the rest of my life.If I choose the saving fund I will get the money in one lump sum.
Is there an academic program providing a certification or masters in pension fund management? I want to find a program in and around Los Angeles/Thousand Oaks to learn about being a fund manager.
how do i start a pension fund? who do pension funds need to be registered with and how do people go about starting a new pension fund
Why can't I invest my pension fund into a normal bank account? I have £30,000 invested in a with profits pension fund. I have had no annual bonuses for several years and the penalty involved in transferring the fund to another scheme is prohibitive. Why does the government not allow me to invest my pension fund into a normal bank account? One with a guaranteed interest rate, say over the next ten to fifteen years. Jane I've never came across one with guaranteed interest rates. I've spoken to a few IFAs but I felt I knew more about the market than they did. One even suggested investing with Standard Life, while their troubles were still going on.
Should I buy an annuity with my pension fund now? I can buy an annuity with my pension now but my pension pot has decreased over the last 2 years. If I should delay buying it for 5 years would this be a better option hoping that the pot increases as the credit crunch ends.
What positions do pension fund managers hold prior to managing? What is the typical job trajectory or process? What position prepares them the most? Just curious!
How old were you when you began paying into a pension fund and/or a long term savings account? Were you on a salary by that point or did you manage to sart as a wage earner? Bonus Q: How (if at all) has the recession affected you/your family personally? * Sorry that should read 'start'.
What's wrong with taking a lump sum from my pension fund while I am still young? I plan to this later this year but previous "advice" generated negative responses. I have a mountain of debt that I have no other way of clearing and not being able to contribute to the household expenses is putting a serious strain on my marriage. TO STEVEN F - We have separate finances by mutual agreement and my husbands initial suggestion. He earns my money than me and pays for everying. My personal debt prevents me from doing so. You obviously didn't read my posting properly. TO BUD - I am 50 this year.
How do I cash out my social security pension fund? I don't think this investment is going to fly
Is Massa up to the job and is Kimi just collecting money for his pension fund like irvine did? in his last years at ferrari? Massa was so slow he couldn't even catch the renault at the end ?
What if the Toronto Teachers Pension Fund board members had been wiped out by SARS? Or if they had invested in ENRON instead of the LEAFS? I was waiting on your answer 288! LOL, good one!
What is the phone number for the General Electric Pension Fund? I couldn't find this on GE's site. Thanks!
Being my money, why under UK law do I have to byuy an annuity with my pension fund in the end? Seeing as annuities keep your money, and pay little more than 1% above a bank deposit account: Why should I have to make a compulsory gift to an insurance company? And if I so wish, why can I not manage my own money myself?
can i pull pension contributions out of the boilermakers pension fund as well as the pipefitters union pension? i was previously a pipefitters union member with contributions of approx. 22000.left the local 3 years ago. was never a memder of the boilermakers but do have approx.7000 in contruibutions in my name. i would like to transfer them into another fund of my own.
How do I find the pension fund of a UK company I left 15 years ago and which seems not now to exist? The company is Simon Engineering plc which was based in Cheadle near Stockport.
Isn't it only fair that the politicians have their pension fund taken first before the federal worker pensions? Sick to death of these laws being made to bind us and the lawmakers exempting themselves from them. PUKE on them...
Should pension fund double and triple dipping be allowed? Should taxpayers have to pay a person 2 or 3 government pensions? Has anyone done a study as to how much the 2nd and 3rd pension cost taxpayers at any level (local, state, federal)?
Pension funds, I requested fund from my pension plan over 4 months ago and still have not recieved them? I quit my job in November of 2009 I requested the money ou of the fund in February of 2010. The manager of the fund told me I would have the check within a month, after 6 weeks I called back because I hadn't recieved the check. He said it would take another two weeks. I continue to call and always the samething, It is now the middle of June, how long legally do they have to get me my money?
If I took some money out of my pension fund? ...say $40k, what % of that would I need to set aside for taxes?
As it is my money why do I, under UK law, have to buy an annuity with my pension fund in the end? Annuities take your money for keeps and pay you no more than about 1% above a bank deposit a/c. - Why should I have to make a compulsory gift to an issurance company? - Why can I not manage my money myself, if I want to? - Do you know the magnitude of the annual bonuses in the financial industry? They are obscene Old know all, you arerepeating the platitudes spouted by the government. It gives me 28% tax relief and then requires me to give that plus my own money to an INSURANCE co., not to the nation. Your last para confuses the huge annual Xmas bonuses the financial industry gives out to ALL senior staff, with the commission paid to its small salesmen who deserve it. Gem, your scheme will not save you from having to gift 75% of your entire fund to the insurace at cats. Steve B, Thanks for explaining the Plymouth Brethren loop hole. But even that confiscates you money in the end. John, I agree with you. UK tax laws fleece the ordinary people, but allow private equity billionaires and their ilk, to pay as little as they like.
Can I withdraw a lump sum from my pension fund when I reach my agreed retirement age.? I'm 36 and hope to retire at 55 yet it seems a bit of a waste of all the years of pumping in money if I can only get a couple of hundred a week once I retire after having ploughed thousands and 1000s into it only to possibly die ten years into drawing on it. Would a savings account be better?
Investing from age >30, which is better - pension scheme (PFRDA in India) or pension fund by IRDA players? PFRDA has recently launched the scheme with a lock period till age of 70 (partial withdrawal at 60). Also, the amount necessary needs to be invested in the another pension fund after age of 70. On the other side, companies under IRDA purview have way higher pension charges than the PFRDA. A strong viewpoint from a financial planning expert would be highly appreciated
What is a "pension fund loan"? I know what a Pension is, but what is a pension fund loan?? Or even just a pension fund? (If there is any difference) I don't know much about investing but I always thought a "Pension Fund Loan" has something to do with using pension money to invest in markets.
When and where is the best place to start with a pension fund? im 24 and someone said i should have started years back!? any help appreciated. UK ONLY PLEASE
The auto industry and pension fund? What is the direct effect of this economic crisis of the auto industry on their employees pension fund. Are they gonna cut some benefits even you are already retired? what about if you are still working for them and have a contribution based pension plan, are they gonna stop contributing ?
Powered by Yahoo! Answers