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NPS: How PFRDA plans to make National Pension System investments safer for government employees

National Pension System : The Pension Fund Regulatory and Development Authority (PFRDA) has released an advisory about how NPS investments by government sector employees could be made safer by following certain advisories. These advisories relate to the entire NPS investment process starting from the investment stage to maintenance stage to withdrawal stage. ....

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5 key considerations before investing in NPS for retirement planning

Consider key factors before investing in NPS for retirement planning in India 2024, including diversification, inflation protection, contribution flexibility, and professional fund management. ....

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Atal Pension Yojana: FM: Atal Pension Yojana offers best guaranteed minimum 8 percent return

Finance Minister Nirmala Sitharaman highlighted the benefits of the Atal Pension Yojana (APY), calling it an affordable scheme with a guaranteed pension amount. The scheme has provided a competitive 9.1% return since its inception, she noted. Sitharaman emphasized that any additional pension above the assured amount is entirely for the beneficiary. The scheme s feature of automatically continuing premium payments unless the subscriber opts out is seen as beneficial, encouraging saving for retirement. Sitharaman also mentioned the government s subsidy to ensure a minimum 8% return, regardless of prevailing interest rates. ....

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