NPS – Concept Paper on Pension Funds, Investment Pattern and Life Cycle Funds for Government Employees

NPS – Concept Paper on Pension Funds, Investment Pattern and Life Cycle Funds for Government Employees

National Pension System : Providing option of more Life Cycle Funds to the NPS subscribers. Choice of the pension funds and Choice of investment pattern.

PFRDA published two detailed concept papers for the public and stakeholders.

FOR PUBLIC AND STAKEHOLDERS COMMENTS – CONCEPT PAPER- CHOICE TO THE GOVT EMPLOYEES

A. Launch of NPS and Current scenario
B. Need of Revamping
C. NPS FOR GOVT. SECTOR EMPLOYEES

CHOICE TO THE GOVT EMPLOYEES
Key reasons to claim choice to the Govt. employee from are
Choice of the pension funds
Choice of investment pattern

PROVIDING OPTION OF MORE LIFE CYCLE FUNDS TO THE NPS SUBSCRIBERS

NPS subscriber with equity allocation up to 35 years is 50% – Table:-1

“Aggressive Life Cycle Fund” with equity allocation of 75% at the age of 35 years Table:-2

“Conservative Life Cycle Fund” with equity allocation of 25% at the age of 35 years – Table:-3

Authority: www.pfrda.org.in

Click to view the original circulars

For Public and Stakeholders Comments

Providing option of more Life Cycle Funds to the NPS subscribers