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  2. Pensions in India - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_India

    India operates a complex pension system. There are however three major pillars to the Indian pension system: the solidarity social assistance called the National Social Assistance Programme (NSAP) for the elderly poor, the civil servants pension (now open for all) and the mandatory defined contribution pension programs run by the Employees' Provident Fund Organisation of India for private ...

  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 the ...

  4. Employees' Provident Fund Organisation - Wikipedia

    en.wikipedia.org/wiki/Employees'_Provident_Fund...

    The EPFO administers the retirement plan for employees in India, which comprises the mandatory provident fund, a basic pension scheme and a disability/death insurance scheme. It also manages social security agreements with other countries. International workers are covered under EPFO plans in countries where bilateral agreements have been signed.

  5. What Is a Personal Pension Plan, and How Can I Use One? - AOL

    www.aol.com/personal-pension-plan-one-151313268.html

    A personal pension plan is a type of long-term savings scheme where individuals contribute funds that are invested to provide income upon retirement. Unlike workplace pensions, personal pensions ...

  6. Pension systems by country - Wikipedia

    en.wikipedia.org/wiki/Pension_systems_by_country

    Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A: N/A Hungary: Social assistance: Private pension fund: Voluntary pension fund: N/A India: Social assistance: Mandatory Provident Fund: Voluntary pension insurance: Individual private pension plans Ireland: Basic pension

  7. National Social Assistance Scheme - Wikipedia

    en.wikipedia.org/wiki/National_Social_Assistance...

    The Pension Parishad – an initiative to ensure universal pension to all workers in India – has been demanding that the Government of India establish a "non-contributory and universal old age pension system with a minimum amount of monthly pension not less than 50% of the minimum wage or ₹ 2,000 (US$24), whichever is higher." [51]

  8. Unified Pension Scheme - Wikipedia

    en.wikipedia.org/wiki/Unified_Pension_Scheme

    The Unified Pension Scheme (UPS), introduced by the Government of India in 2024 as an optional pension scheme along with the National Pension System (NPS) for the government employees, it aims to provide a comprehensive and centralised pension system for Central government employees. The scheme is designed to consolidate various existing ...

  9. Retirement - Wikipedia

    en.wikipedia.org/wiki/Retirement

    Many individuals use "retirement calculators" on the Internet to determine the proportion of their pay they should be saving in a tax advantaged-plan (e.g., IRA or 401-K in the US, RRSP in Canada, personal pension in the UK, superannuation in Australia).

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