Awareness Programme on NPS

The New Pension Scheme (NPS) is a contribution based pension system launched by Government of India with effect from 1 January 2004, and is mandatory for all TIFR staff members who have joined service since January 2004. The scheme offers a wide gamut of investment options to employees. Unlike the earlier pension fund of Government of India that offered assured benefits, NPS has defined contribution and individuals can decide where to invest their money. This scheme, which is primarily for old age income security, is managed by a regulatory authority. Details of the scheme like Tier-I and Tier-II accounts, investment options etc. will be discussed. This will also give the staff members an opportunity to clear their doubts about this scheme.
The talk and interactive session will be conducted by a representative of NSDL e-governance Infrastructure Ltd., who is the Central Recordkeeping Agency.