NPS Vatsalya is the newly launched, extended version of NPS. In the scheme, parents and guardians can open an NPS Vatsalya account for minors. Deepak Mohanty, Chairman, PFRDA, said, "The pension ...
The much-anticipated online application portal for the NPS Vatsalya scheme, which is only available to young people, was unveiled by Union Finance Minister Nirmala Sitharaman. Parents or guardians ...
NPS Vatsalya is billed as a long-term wealth creation instrument that parents can use to secure their children's financial future Finance Minister Nirmala Sitharaman on September 18 rolled out ...
The Unified Pension Scheme (UPS) offers government employees a more secure retirement plan compared to the National Pension Scheme (NPS). UPS provides a guaranteed pension, family pension ...
OPS vs NPS vs UPS Pension Calculations: In the Old Pension System (OPS), employees invest 10 per cent of their monthly salary along with basic and dearness allowance, while the government contributing ...
It guarantees a 50% of basic salary pension. Employees can choose between UPS and NPS, the latter being market-linked. Central government employees have the option to choose between UPS and NPS.
To provide its employees with an alternative to the current National Pension System (NPS), the government recently unveiled the Unified Pension Scheme (UPS). Government employees hired after 2004 ...
UPS vs NPS vs OPS: For a long time, government employees have been demanding either amendment to the New Pension Scheme (NPS) or the reinstatement of the Old Pension Scheme (OPS). The ...
NPS investments: Have you turned 40 and haven’t started your retirement savings yet? Don’t worry—you can start with an NPS and secure both a good retirement corpus and a regular pension ...
Only employees who are currently subscribers of the New Pension Scheme (NPS), including retirees, will be allowed to opt for the UPS. The question is: should you switch from the NPS to the UPS?
NPS is currently open for people between 18 and 60, and our Board has approved raising the age limit for joining to 65.(HT File/ Representative Purpose) Starting in the next financial year ...
Also Read Karnataka govt puts on hold Bill mandating local jobs quota in pvt sector With the addition of all these features, it marks the transformation of the National Pension System (NPS), which ...