NPS returns for State, Central Government Employees in 5, 10 years

NPS returns for State, Central Government Employees in 5, 10 years: With effect from April 1, 2004, the National Pension Scheme took the role of the OPS for central government employees. In accordance with the previous pension plan, retired employees were given monthly pensions equal to 50% of their final drew wages. NPS, on the other hand, is a contributing pension plan in which employees make 10% of their pay (Basic + Dearness Allowance) toward their NPS accounts, with the government making the remaining 14%. Pension fund managers that have received approva      Read More