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…

NPS – Central Government can now change the investment pattern and choice of Pension funds

NPS – Central Government can now change the investment pattern and choice of Pension funds

Central Government Employees who are NPS subscribers can now choose investment pattern for their NPS subscription and Pension fund in which annuity to be taken PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, Chhatrapati Shivaji Bhawan, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016. Ph : 011-26517501, 26517503, 26133730 Fax : 011-26517507 Website: www.pfrda.org.in CIRCULAR PFRDA/2019/12/REG-PF/1 Date:…