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Jeevan Pramaan is an Indian Life Certificate program affiliated with Aadhaar for people with pensions. [1] It was started by Prime Minister Narendra Modi on 10 November 2014. [2] [3] The certificate was made for people who receive pensions from central or state governments or other government organisations. [1]
The National Pension System (NPS) is a voluntary 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 for all its employees who ...
National Pension System — MoF: 2004: Pension: Contribution-based pension system. For government employees in 2004 and the general public in 2009. Deendayal Disabled Rehabilitation Scheme: CS MoSJE: 2003: Social Justice
In 2008, the company was appointed by the Pension Fund Regulatory and Development Authority (PFRDA) as the Central Recordkeeping Agency (CRA) for the National Pension System of the Government of India. [9] [15] The company has developed and implemented 19 projects across seven ministries in India.
It is a component of the Digital India initiative, intending to make government services available to the general public online and around the clock. [ 4 ] [ 5 ] The app was developed by the Ministry of Electronics and Information Technology with the National e-Governance Division [ 4 ] and launched in November 2017 by Prime Minister Narendra ...
Old Pension Scheme was replaced by a restructured defined-contribution (DC) pension scheme called the National Pension System. [1] The Union Government's pension liabilities in Budget Estimate 2022-2023 on account of Old Pension Scheme for existing retirees is ₹2.07 lakh crore. [2] The cost of pension for all State Government's combined ...
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 ...
The contributory pension system was notified by the Government of India on 22 December 2003 to the National Pension System (NPS) with effect from 1 January 2004. The NPS was subsequently extended to all citizens of the country with effect from 1 May 2009 including self employed professionals and others in the unorganized sector on a voluntary ...