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2. Pensions in India - Wikipedia

   en.wikipedia.org/wiki/Pensions_in_India

   The National Pension System (NPS) is a defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions, Old Pension Scheme (OPS) for all its ...

3. National Pension System - Wikipedia

   en.wikipedia.org/wiki/National_Pension_System

   The National Pension System ( NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA) which is under the jurisdiction of the Ministry of Finance of the Government of India. [1] National Pension System Trust ( NPS Trust) was established by PFRDA as per the provisions of ...

4. Social security in India - Wikipedia

   en.wikipedia.org/wiki/Social_security_in_India

   The employee contributes 10% of his gross salary to the system while the employer contributes a matching amount. At the official age of retirement, the employee can withdraw 60% of the amount as a lump sum while 40% needs to be compulsorily used to buy annuity that will be used to pay a monthly pension. The system tries to achieve a target of ...

5. What are pension plans? - AOL

   www.aol.com/finance/pension-plans-181440876.html

   Pension plans are a type of retirement plan where an employer commits to pay a set monthly amount to employees when they retire. The amount is usually based on the employee’s salary and years of ...

6. Atal Pension Yojana - Wikipedia

   en.wikipedia.org/wiki/Atal_Pension_Yojana

   Original launch in 2010–11. Relaunched on 9 May 2015; 8 years ago. Atal Pension Yojana (APY, translation: Atal's Pension Scheme ), formerly known as Swavalamban Yojana (SY, translation: Self-Support Scheme) is a government-backed pension scheme in India, primarily targeted at the unorganised sector. It was mentioned in the year 2015 Budget ...

7. Did 401(k)s Replace Pension Plans? (& Which Is Better ... - AOL

   www.aol.com/lifestyle/did-401-k-replace-pension...

   A pension plan is a different kind of retirement savings plan in which a company sets money aside to give to future retirees. Over the past few decades, defined-contribution plans like the 401 (k ...