PFRDA is set to introduce three pension scheme models addressing gaps in the current NPS framework, which emphasises corpus accumulation but leaves income adequacy and certainty unresolved. PFRDA has ...
The National Pension System (NPS), launched in 2009 on a voluntary basis for citizens above 18, has been a popular savings-cum-retirement plan in India. With the NPS, one can build a large corpus with ...
UPS Pension Calculations: Central government employees had National Pension System (NPS) as their default setting for the pension scheme. But they can now select Unified Pension Scheme (UPS) also. If ...
Central government employees who initially chose the Unified Pension Scheme (UPS) now have a one-time option to switch back to the National Pension System (NPS), according to the Finance Ministry.