National Pension Scheme (NPS)

The move is likely to put a burden of Rs 1,000 crore on the state exchequer.Though the OPS was stopped from January 1, 2004, and the employees joining the service after that were covered under the NPS, the Congress party had promised in the…

<!-- -->NPS payments can be made via online banking optionsThe National Pension System (NPS) is a voluntary, defined contribution retirement savings plan created to help members make the best choices for their future via methodical…

<!-- -->Pension schemes' subscribers rose in May 2022New Delhi: Subscribers under the two flagship pension schemes administered by Pension Fund Regulatory and Development Authority (PFRDA) rose by over 24 per cent from a year ago to…

<!-- -->An NPS account can be opened by a citizen of 18-65 years of ageThe National Pension System (NPS) is a government-sponsored retirement planning instrument, which gives the investor the option to set a preferred allocation to…

<!-- -->Tier-1 account allows the subscriber to make a withdrawal under certain conditionsPopular long-term investment plan for retirement - the National Pension System (NPS) allows premature withdrawal or even exit under certain…