PFRDA - National Pension System - Why NPS - 2

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Providing Pension Solutionsfor everyone

Why should one opt for the National Pension System (NPS) Part 2

The National Pension System provides Corporate Institutions and Employers a platform to co-contribute for their employees pension. #WhyNPS

NPS is a low cost retirement product with better growth options through long term market-linked returns.. #WhyNPS

The National Pension System helps Corporate Institutions and Employers in saving expenses on record keeping, investment, annuity distribution, etc that may arise due to self administration of pension functions. #WhyNPS

The National Pension System provides choice of various funds with flexible investment patterns. #WhyNPS

With the National Pension System, Corporate Institutions and Employers will have the option of choosing their Pension Fund Managers (PFMs) for their employees. Otherwise, they can leave it to the individual employees to choose their PFMs#WhyNPS

National Pension System provides an Individual Retirement Account for each subscriber. This will facilitate portability across geographies and employers.#WhyNPS

With the National Pension System, Employers can claim tax benefits for the amount contributed towards pension of employees. Up to 10% of the salary (basic and dearness allowance) of employers contribution can be deducted as Business Expense from their Profit & Loss Account as per section 36(1)(iv)(a) of IT Act.#WhyNPS

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