Tag Archives: Pension

National Pension System (NPS) or National Pension Scheme Overview

By | June 20, 2013

What is National Pension System (NPS) ? Government of India established Pension Fund Regulatory and Development Authority (PFRDA) by the year 2003 to promote old age income security. From 2004 it has been implemented to Government Employees. From 2009, National Pension System (NPS) has been extended to all eligible Indian Citizens Who Can Join? A… Read More »

National Pension System (NPS), the best for Less disciplined.

By | June 17, 2013

The PFRDA managed NPS is best for less disciplined individuals who are very often tempted to short close their investment product for immediate expenses. Pension is the livelihood for many in the retired stage of life as it gives financial security to live a decent life. Every individual has to plan for retirement to enjoy… Read More »

Pension Plans

By | June 11, 2008

Pension plans (also referred to as retirement plans) are offered by insurance companies to help individuals build a retirement corpus. On maturity this corpus is invested for generating a regular income stream, which is referred to as pension or annuity. Pension plans are distinct from life insurance plans, which are taken to cover risk in… Read More »