Pension plans provide financial security as well as gives an opportunity to invest and accumulate savings and get lump sum amount at regular intervals through annuity plan on retirement. Pension reforms to the National pension scheme offers a large variety of investment options to employees. The New Pension Scheme available to all Indian citizens structurally […]
Articles Tagged: National Pension Scheme
How does the National Pension Scheme Work?
National Pension Scheme (NPS) is a Government program under The National Pension System of India. The scheme looks forward to securing employees post retirement. The Government of India adopted the system from 1st January 2004. Under the NPS, every candidate has to acquire a PRAN (permanent retirement account number) for the allotment of eligibility. In […]