Retirement Savings
The Employees' Provident Fund (EPF) interest rate has remained at 8.25%. For many salaried employees, EPF and Voluntary Provident Fund (VPF) are trusted tools for retirement savings. Some investors are wondering whether to continue contributing to VPF or shift extra savings to Systematic Investment Plans (SIPs) for better long-term returns.
Reported by AI
Rhineland-Palatinate's Minister President Alexander Schweitzer has demanded that artificial intelligence must contribute to the pension system. In an interview in Mainz, the SPD politician emphasized the need to strengthen statutory pensions and create incentives for company and private retirement savings. The pension commission is to present reform proposals by mid-2026.