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Friday 15 July 2022










सुप्रीम कोर्ट ने पुरानी पेंशन योजना बहाल की, सरकारी कर्मचारियों में खुशी की लहर विगतवार देखने के ली ए यह क्लिक करे


What is NPS

Pension is a boon for old-age, especially for individuals retiring from Private sector jobs. NPS (National Pension System) helps individuals to plan their retirement by providing a low-risk appetite investment platform. It is a voluntary retirement saving scheme, which promotes systematic savings across working life, to meet a huge corpus amount at your retirement.

NPS is a platform regulated by PFRDA and promoted by the Government of India. This is an initiative to provide a pension opportunity to every Indian. In 2004 it was exclusive to Central Government employees and State Government employees. However, in 2009 it was made open for all.

National Pension System (NPS)

Pension Fund Regulatory and Development Authority (PFRDA) has launched the NPS for old age pension for citizens who are not covered under pension scheme. There are four categories of subscribes under NPS [1] Central Govt employees [2] State Govt Employees [3] All Citizen Model and [4] Corporate Sector Model. PFRDA has appointed our Company as a Point of Presence (POP) for opening the Pension a/c and collection of subscriptions. The salient features

of the NPS are as under:

Gujarat Infotech Limited is Authorized National Pension System – NPS Scheme Agent, POP, Centre, Company in Ahmedabad Gujarat (India), a point of presence appointed by PFRDA. NPS is used for investment in retirement plans or financial planning & save income tax altogether.

State Government

“The Central Government had introduced the National Pension System (NPS) with effect from January 01, 2004 (except for armed forces). Pension Fund Regulatory and Development Authority (PFRDA), the regulatory body for NPS, finalised the architecture and appointed NSDL as Central Recordkeeping Agency (CRA) and other entities for National Pension System. Subsequently, various State Governments adopted this architecture and implemented NPS with effect from different dates.

In NPS, a government employee contributes towards pension from monthly salary along with matching contribution from the employer. The funds are then invested in earmarked investment schemes through Pension Fund Managers.”

Scheme Information

‘As per the present guidelines of Pension Fund Regulatory and Development Authority(PFRDA), contribution towards pension will be invested in the default schemes for State Government of three Pension Fund Managers (PFMs), viz, LIC Pension Fund Limited, SBI Pension Funds Pvt. Limited and UTI Retirement Solutions Limited. The proportion in which contributions are allocated among these three PFMs is decided by each of the state government, which in mentioned in the Statement of Transaction. Each of the PFMs will invest the funds in the proportion of 85% in fixed income instruments and 15% in equity and equity related instruments. Hence, in the application form for PRAN, the employees of State Government and State Autonomous Bodies need not mention the details of the schemes.

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