NPS is a retirement savings plan that offers tax benefits, market-linked returns, and pension options. Learn about its types, pension fund managers, withdrawal rules, and how to invest in NPS. NPS, also known as National Pension System, is a government-backed retirement savings scheme designed to help you build a substantial pension corpus through your personal NPS account. As a voluntary, long-term investment plan, it enables you to accumulate wealth during your career to ensure a steady income post-retirement. The National Pension System (NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA) which is under the jurisdiction of the Ministry of Finance of the Government of India. [1] National Pension System Trust (NPS Trust) was established by PFRDA as per the provisions of the Indian Trusts Act of 1882 to take care of the assets and funds under this scheme for the best interest of the subscriber. [2] NPS Trust is the ... NPS is a market-linked retirement account you open in your name. In 2025 it got a big upgrade: a new Multiple Schemes Framework lets fund managers offer different strategy options, and non ...
