About National Pension Scheme
The National Pension System (NPS) is a defined contribution based pension system launched by Government of India with effect from 1 January 2004. Like most other developing countries, India does not have a universal...
The National Pension System (NPS) is a defined contribution based pension system launched by Government of India with effect from 1 January 2004. Like most other developing countries, India does not have a universal social security system to protect the elderly against economic deprivation. As a first step towards instituting pension reforms, Government of India moved from a defined benefit pension to a defined contribution based pension system. Apart from offering wide gamut of investment options to employees, this scheme would help government of India to reduce its pension liabilities. Unlike existing pension fund of Government of India that offered assured benefits, NPS has defined contribution and individuals can decide where to invest their money.
Previous Versions
Here you can find the changelog of National Pension Scheme since it was posted on our website on 2016-10-06 20:45:44.
The latest version is 0002 and it was updated on 2024-04-22 10:21:11. See below the changes in each version.
National Pension Scheme version Ver0002
Updated At: 2014-02-04
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