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    <title>New Pension Schemes.</title>
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    <description>Implementation of the New Pension System for eligible Central Government employees establishes a contributory, accumulation-based framework distinct from the defined benefit scheme; pension outcomes depend on subscriber contributions, investment returns, accumulated corpus and annuitisation choices. The Government emphasises safeguards including flexible investment patterns, an interim pension fund regulator and a low-cost institutional architecture, and records stakeholder representations on minimum pension, safety and returns while stating there is no proposal to reconsider the NPS policy.</description>
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