Tag Archives: PFRDA

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 »

National Pension System – NPS performed well in 2012-13

By | June 9, 2013

The National Pension System(NPS) shown good result for the period 2012-13 according to their press release dated 15th May 2013. The scheme introduced in 2004 for government employees was extended to private sectors also in 2009 now manages a corpus of around Rs. 33000 crores through its nominated fund management companies. So far 50 Lakhs… Read More »