Archive for the ‘NPS’ Category
10 Good reasons to Join NPS
National Pension System (NPS) was extended to everyone Indian citizens by the Government of India on 01st May 2009, to offer income inside senior years and so financial security. However, it didn’t become as popular as expected although of it is great intentions, due to the fact to the fact that the Providers selected by the Government was unwilling to popularize it and didn’t had the proper infrastructure too. Most people because of this was at dark as to what the NPS is and in addition it’s benefits. Yet, in the final 24 months, conditions has improved and that i suggest everybody to sign up certainly that has high merits for me.
There are numerous reviews of the scheme in various other websites and some of them rubbishes the scheme off altogether and some advises to become cautious. On this page, my main aim is always to give you the 10 logic behind why I am, every Indian citizen should join NPS at the earliest opportunity. However, before I state the reasons why you should, I would like to provde the scheme details briefly.
NPS is governed from the Pension Fund Regulatory and Development Authority (PFRDA), build by Government of India in 2003 and is managed by the Central Recordkeeping Agency (CRA) that is National Securities Depository Limited (NSDL). Everyone will need to sign up for Point Of Presence Companies (POP-SP), from whom they may get the customer support.