<h1>Tax benefits of the National Pension System enable flexible, regulated retirement savings with annuity options for secure post retirement income.</h1> The National Pension System (NPS) is a government backed retirement savings vehicle that allocates contributions across equities, corporate debt and government securities, offering potentially higher returns while operating under Pension Fund Regulatory and Development Authority oversight. Contributions are flexible, accounts are portable across employers, limited partial withdrawals are permitted for defined reasons, and pairing withdrawals with an immediate annuity can secure a guaranteed post retirement income stream.