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  2. 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 the ...

  3. 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 ...

  4. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Personal finance. Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns.

  5. The Average Retirement Age in 2024: US vs. India - AOL

    www.aol.com/average-retirement-age-2024-us...

    The average benefit amount for retired workers in July 2024 was $1,919, according to the Social Security Administration. Around half of people ages 65 and up receive 50% or more of their household ...

  6. HDFC Life - Wikipedia

    en.wikipedia.org/wiki/HDFC_Life

    The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. [5] As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. [5]

  7. Public Provident Fund (India) - Wikipedia

    en.wikipedia.org/wiki/Public_Provident_Fund_(India)

    Public Provident Fund (India) The Public Provident Fund (PPF) is a voluntary savings-cum-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an ...

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