National Pension System (NPS) is a defined contribution pension system. NPS schemes have two options. Tier 1 and Tier 2. Tier 1 has a longer lock in period (15 years for even partial withdrawal ...
In the history of pension schemes, UPS is the latest addition. UPS is a pension scheme, however, here an employee has to contribute 10% of their basic pay and the DA (dearness allowance). The ...
Chart Courtesy: Krishan Mishra ... with the flexibility of the National Pension System (NPS). By offering a hybrid model, UPS aims to provide a secure post-retirement income while capping fiscal ...
Responding to the call of the National Executive Committee of the National Movement for Old Pension Scheme (NMOPS), the J&K ...
If you are looking to save for your retirement, the National Pension System (NPS) along with other investment options may be considered. NPS is essentially a long-term investment scheme to help ...