Government Employees avail these benefits of new National Pension System (NPS)

Government Employees avail these benefits of new National Pension System (NPS)

National Pension System: The government employees who take retirement prior to the age of superannuation, not completing the minimum number of 20 years of service requirement, can also avail of the benefits of new National Pension System (NPS), launched in January 2004 for government employees, later opened to all. Under NPS, there is a provision…

Investment Options Available Under National Pension System (NPS)

Investment Options Available Under National Pension System (NPS)

National Pension System or NPS, a government-sponsored retirement planning instrument, gives the investor the option to set his or her preferred allocation to different asset classes, such as government bonds, equity market instruments and corporate debt, among other features. It gives the investor flexibility in terms of timing of contribution, choice of pension fund, and…