National Pension System

National Pension System News

No proposal to replace National Pension System: Govt

Under the defined benefit pension system applicable to government servants appointed before April 1, 2004, a pension is calculated based on the qualifying service and the last pay drawn by the employee.

To boost savings, Centre may axe NPS withdrawal tax

NPS has AUM of Rs 1.08 lakh cr and 94.68 lakh subscribers as on December 31, 2015, according to data from the National Pension System Trust.

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New rules open doors for start-ups, venture, infra funds

The NPS for the unorganised sector has assets under management of Rs 684.23 crore while the corporate sector NPS has a corpus of Rs 6,860 crore as on August 31, 2015.

National Pension System: Move over intermediaries, here comes the portal

The Pension Fund Regulatory and Development Authority is set to launch an online portal soon.

National Pension System: Investments in PE, VC funds, 75% in equity in the works

Pension regulator examining recommendations of Bajpai panel that calls for greater flexibility to NPS.

NPS revamp Panel for removing cap on equity, suggests new asset classes

The NPS has cumulative assets under management worth Rs 83,917.12 and 91,21,588 subscribers by April 30, 2015.

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Workers may soon get to choose between social security plans

The ministry has proposed fresh amendments to the EPF and Miscellaneous Provisions Act, 1952.

Tripura may join NPS, only Bengal left

Apart from Tripura, erstwhile Left ruled states of Kerala and West Bengal too had opposed the scheme.

EPF amendments may allow workers to choose where to park retirement savings

The epfo’S decision making body — the Central Board of Trustees — is likely to take a call on these proposals at a meeting on March 31.

Reward savings

Government should make National Pension Scheme investments tax exempt in the Union budget.

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