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Review of New Pension Scheme

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..... Review of New Pension Scheme
News and Press Release
Dated:- 5-12-2014

The Government has not undertaken any comparative study to examine the efficacy of the National Pension System (NPS) .....

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..... (earlier known as the New Pension Scheme) vis-à-vis the odl defined benefit scheme. However, the NPS has launched based on the need for pension reform felt by the Government of India in the y .....

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..... ear 2003, to meet obligations related to pensions in a sustainable manner. The NPS for government employees is conceived on sound principles involving regular contributions by the employee and the Gov .....

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..... ernment, and prudent investment of the corpus under regulatory supervision. The Government has examined the returns on the investment made from the contribution of the employees through the NPS. The .....

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..... returns on annual compounding basis on the Central Government Sector under NPS since its inception i.e., 1.4.2008 for the period ending are as under: 2008-09 2009-10 2010-11 2011-12 2012-13 201 .....

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..... 3-14 12.02% 12.06% 10.72% 9.41% 9.99% 9.11% This information was given by the Union Minister of Finance, Shri Arun Jaitley in written reply to a question in Lok Sabha today.
News - Press re .....

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..... lease - PIB .....

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