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FPJ Explains: Why are netizens protesting against the National Pension Scheme and what is the NPS-OPS debate?

: Thursday, July 1, 2021, 7:27 AM IST FPJ Explains: Why are netizens protesting against the National Pension Scheme and what is the NPS-OPS debate? Photo: Pixabay Over the last few weeks, the National Pension Scheme has repeatedly become a topic of social media debate. Countless individuals have taken to Twitter railing against the scheme and insisting that the Old Pension Scheme be brought back. The topic is not new, with NPS having replaced the OPS in 2004. It was first made mandatory for all Central government employees, before being expanded to the states. While the government insists that OPS will not be reintroduced, protests have refused to die down. Hashtags such as NPS Quit India and Restore Old Pension continue to trend on social media, with many insisting that the new scheme is a risky prospect.

Pension Fund Regulator Allows Upto Rs5 Lakh Withdrawal of NPS Corpus Without Buying Annuity

Pension Fund Regulator Allows Upto Rs5 Lakh Withdrawal of NPS Corpus Without Buying Annuity
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