Page 5 - National Pension Scheme

Bigger retirement kitty for central govt employees along with tax benefits

Central government employees will now have the freedom to choose their pension fund managers

Cabinet clears tax incentives for govt employees, hikes NPS contribution

Currently, the minimum employee contribution in NPS is 10 per cent of basic pay and an equal contribution is made by the government

Govt contribution to National Pension Scheme raised to 14% of basic salary

Minimum employee contribution will, however, remain at 10 per cent

Planning to buy an annuity plan? Here's how you can choose the right one

It makes sense to have more aggressive instruments in your portfolio for improving income

Why has NPS allowed 75% equity allocation in active choice option?

National Pension Scheme already offered 75 per cent equity allocation under the auto-choice option

PFRDA makes bank account, mobile number mandatory for NPS subscribers

PFRDA takes various initiatives from time to time in order to simplify and improve the operational issues in National Pension System

Raise equity allocation if you have the risk appetite

PFRDA's proposal to raise equity exposure in the active-choice option of NPS will benefit young investors, provided they can stomach higher volatility

Only investors below the age of 35 should shift from EPF to NPS

Among young investors, those with a high-risk appetite should do so; others should invest in both

NPS returns better than EPF but taxation plays spoilsport

However, taxation has played spoilsport despite double-digit returns