TMI Blog67.11 lakh members enrolled under the National Pension System with a corpus of 51.14 crore.X X X X Extracts X X X X X X X X Extracts X X X X ..... 67.11 lakh members enrolled under the National Pension System with a corpus of 51.14 crore. X X X X Extracts X X X X X X X X Extracts X X X X ..... the year 2013-14. The Act vests PFRDA with statutory status to allow it to perform its developmental role effectively and to extend the social security cover to hitherto uncovered working population ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... through the National Pension System(NPS). Introduced for the new recruits who join government service on or after January 2004, the NPS represents a major reform of Indian pension arrangements, and la ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ys the foundation for a sustainable solution to ageing in India by shifting to an individual account, defined-contribution system. The Economic survey says till 7 May 2014 a total of 67.11 lakh member ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s have been enrolled under the NPS with a corpus of ₹ 51,147 crore. The growth rate of members and assets is likely to considerably accelerate from this foundation. From 1st May 2009, the NPS w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as opened up for all citizens in India to join on a voluntary basis. The Swavalamban Scheme for workers in the unorganized sector launched in 2010, has now been extended to five years for the benefic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iaries enrolled in 2010-11, 2011-12, and 2012-13 and thus the benefits of co-contribution under the Scheme would be available till 2016-17. X X X X Extracts X X X X X X X X Extracts X X X X
|