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The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
The contributory pension system was notified by the Government of India on 22 December 2003 to the National Pension System (NPS) with effect from 1 January 2004. The NPS was subsequently extended to all citizens of the country with effect from 1 May 2009 including self employed professionals and others in the unorganized sector on a voluntary ...
Old Pension Scheme was replaced by a restructured defined-contribution (DC) pension scheme called the National Pension System. [1] The Union Government's pension liabilities in Budget Estimate 2022-2023 on account of Old Pension Scheme for existing retirees is ₹2.07 lakh crore. [2]
Mandatory occupational pension provision: Voluntary private collective pension provision; Voluntary private individual pension provision Georgia: Basic pension: N/A: N/A: N/A Germany: Social assistance: Social insurance system: Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A ...
The National Pensions Regulatory Authority (NPRA) is a Government of Ghana statutory agency responsible for the regulation and policy development of pensions administration in Ghana. The NPRA was established by the National Pensions Act 2008, (Act 766) to regulate and monitor the operations of the three-tier pension scheme and ensure effective ...
Swavalamban Yojana was a government-backed pension scheme targeted at the unorganised sector in India. It was applicable to all citizens in the unorganised sector who joined the National Pension Scheme (NPS) administered by the Pension Fund Regulatory and Development Authority (PFRDA) Act 2013.
NAPSA Stars is a Zambian football club based in Lusaka that plays in the Zambia Super League.They play their home games at REIZ Arena in Lusaka.. Previously known as Profund Warriors, the club is named after and sponsored by the National Pension Scheme Authority (NAPSA).
The operational report released by National Pension Commission in January 2019 stated that the country's pension assets under the Contributory Pension Scheme (CPS) had reached N8.45 trillion. [ 3 ] In January 2022, the National Pension Commission reported that it had accumulated pension assets in excess of N13 trillion and invested in various ...