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NPS is a government-backed retirement savings scheme that not only helps individuals build a retirement corpus but also mandates the purchase of an annuity using a portion of the accumulated amount.
Can an employee, who has earlier opted for the National Pension Scheme or the NPS shift to the UPS or the Unified Pension ...
Under UPS, subscribers will contribute 10% of their basic pay and dearness allowance on a monthly basis. NPS stands as a ...
As employees evaluate retirement schemes like NPS and UPS, the decision-making process gets tougher, given their unique ...
What is National Pension System (NPS)? NPS is a market-linked defined contribution scheme that helps you save for your retirement. The scheme is simple, voluntary, portable, and flexible. It is one of ...
What is National Pension Scheme? NPS is a market-linked defined contribution scheme that helps you save for your retirement. It is a government-backed, voluntary retirement plan regulated by the PFRDA ...
They have to choose between two pension schemes – the National Pension System (NPS) and the Unified Pension Scheme (UPS), which was implemented on 1 April. UPS offers a guaranteed pension for ...