Objective NPS or National Pension System, regulated by PFRDA, is a milestone in the development of a sustainable and efficient voluntary defined contribution pension system in India. The objectives include: To provide old age income Reasonable market based returns over the long term Extending old age security coverage to all citizens Features NPS offers following important features to help us save for retirement: A unique Permanent Retirement Account Number (PRAN) will be allotted. This PRAN can be used anywhere across…
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