Review of New Pension Scheme
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....eview of New Pension Scheme <br>News and Press Release<br>Dated:- 5-12-2014<br><BR>The Government has not undertaken any comparative study to examine the efficacy of the National Pension System (NPS) ....
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....(earlier known as the New Pension Scheme) vis-à-vis the odl defined benefit scheme. However, the NPS has launched based on the need for pension reform felt by the Government of India in the ye....
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....ar 2003, to meet obligations related to pensions in a sustainable manner. The NPS for government employees is conceived on sound principles involving regular contributions by the employee and the Gove....
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....rnment, and prudent investment of the corpus under regulatory supervision. The Government has examined the returns on the investment made from the contribution of the employees through the NPS. The ....
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....returns on annual compounding basis on the Central Government Sector under NPS since its inception i.e., 1.4.2008 for the period ending are as under: 2008-09 2009-10 2010-11 2011-12 2012-13 2013....
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....-14 12.02% 12.06% 10.72% 9.41% 9.99% 9.11% This information was given by the Union Minister of Finance, Shri Arun Jaitley in written reply to a question in Lok Sabha today.<BR> News - Press rel....
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....ease - PIB....