The National Pension System (NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA) which is under the jurisdiction of the Ministry of Finance of the Government of India. [1] National Pension System Trust (NPS Trust) was established by PFRDA as per the provisions of the Indian Trusts Act of 1882 to take care of the assets and funds under this scheme for the best interest of the subscriber. [2] NPS Trust is the ... NPS is a voluntary defined contribution pension scheme for Indian citizens. Learn about its features, eligibility, structure, investment options, withdrawal rules, and how to join NPS. NPS was introduced by the Central Government to help the individuals have income in the form of pension to take care of their retirement needs. The Pension Fund Regulatory and Development Authority (PFRDA) regulates and administers NPS under the PFRDA Act, 2013. Learn about the National Pension System (NPS), a voluntary, long-term retirement savings scheme regulated by PFRDA. Discover its features, benefits, eligibility, and how it empowers individuals to plan for a secure future.
