SBI PENSION FUND SCHEME - CENTRAL GOVT - 28.7158 as on 22-05-2019 || SBI PENSION FUND SCHEME - STATE GOVT - 24.6654 as on 22-05-2019 || SBI PENSION FUND SCHEME E - TIER I - 25.7514 as on 22-05-2019 || SBI PENSION FUND SCHEME C - TIER I - 26.879 as on 22-05-2019 || SBI PENSION FUND SCHEME G - TIER I - 25.12 as on 22-05-2019 || SBI PENSION FUND SCHEME E - TIER II - 23.7417 as on 22-05-2019 || SBI PENSION FUND SCHEME C - TIER II - 24.5821 as on 22-05-2019 || SBI PENSION FUND SCHEME G - TIER II - 23.9302 as on 22-05-2019 || NPS TRUST A/C-SBI PENSION FUNDS PRIVATE LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 23.3087 as on 22-05-2019 || SBI PENSION FUNDS PVT. LTD. SCHEME - CORPORATE-CG - 18.321 as on 22-05-2019 || NPS TRUST - A/C SBI PENSION FUND SCHEME - ATAL PENSION YOJANA (APY) - 13.8859 as on 22-05-2019 || SBI PENSION FUND SCHEME A - TIER I - 12.1682 as on 22-05-2019 || SBI PENSION FUND SCHEME A - TIER II - 10 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME- CENTRAL GOVT - 27.7843 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME- STATE GOVT - 24.7301 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME E - TIER I - 29.7784 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME C - TIER I - 24.1194 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME G - TIER I - 22.5329 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS SCHEME E - TIER II - 24.2608 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS SCHEME C - TIER II - 23.1077 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS SCHEME G - TIER II - 23.1748 as on 22-05-2019 || NPS TRUST A/C-UTI RETIREMENT SOLUTIONS LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 23.0748 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME - CORPORATE-CG - 10 as on 22-05-2019 || NPS TRUST - A/C UTI RETIREMENT SOLUTIONS LTD. SCHEME - ATAL PENSION YOJANA (APY) - 14.1826 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME A - TIER I - 11.9382 as on 22-05-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME A - TIER II - 10 as on 22-05-2019 || LIC PENSION FUND SCHEME - CENTRAL GOVT - 27.8767 as on 22-05-2019 || LIC PENSION FUND SCHEME - STATE GOVT - 24.8736 as on 22-05-2019 || NPS TRUST A/C-LIC PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 23.0674 as on 22-05-2019 || LIC PENSION FUND LIMITED SCHEME - CORPORATE-CG - 18.3569 as on 22-05-2019 || LIC PENSION FUND SCHEME E - TIER I - 19.3272 as on 22-05-2019 || LIC PENSION FUND SCHEME C - TIER I - 17.2574 as on 22-05-2019 || LIC PENSION FUND SCHEME G - TIER I - 18.5593 as on 22-05-2019 || LIC PENSION FUND SCHEME E - TIER II - 16.1394 as on 22-05-2019 || LIC PENSION FUND SCHEME C - TIER II - 16.1176 as on 22-05-2019 || LIC PENSION FUND SCHEME G - TIER II - 18.8485 as on 22-05-2019 || NPS TRUST - A/C LIC PENSION FUND SCHEME - ATAL PENSION YOJANA (APY) - 14.1043 as on 22-05-2019 || LIC PENSION FUND SCHEME A - TIER I - 12.1486 as on 22-05-2019 || LIC PENSION FUND SCHEME A - TIER II - 10 as on 22-05-2019 || KOTAK PENSION FUND SCHEME E - TIER I - 27.4031 as on 22-05-2019 || KOTAK PENSION FUND SCHEME C - TIER I - 26.494 as on 22-05-2019 || KOTAK PENSION FUND SCHEME G - TIER I - 23.1337 as on 22-05-2019 || KOTAK PENSION FUND SCHEME E - TIER II - 24.3158 as on 22-05-2019 || KOTAK PENSION FUND SCHEME C - TIER II - 22.8 as on 22-05-2019 || KOTAK PENSION FUND SCHEME G - TIER II - 21.5984 as on 22-05-2019 || NPS TRUST A/C-KOTAK MAHINDRA PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 20.161 as on 22-05-2019 || KOTAK PENSION FUND SCHEME A - TIER I - 11.9334 as on 22-05-2019 || KOTAK PENSION FUND SCHEME A - TIER II - 10 as on 22-05-2019 || RELIANCE PENSION FUND SCHEME E - TIER I - 27.301 as on 22-05-2019 || RELIANCE PENSION FUND SCHEME C - TIER I - 24.0294 as on 22-05-2019 || RELIANCE PENSION FUND SCHEME G - TIER I - 22.5696 as on 22-05-2019 || RELIANCE PENSION FUND SCHEME E - TIER II - 23.3768 as on 22-05-2019 || RELIANCE PENSION FUND SCHEME C - TIER II - 22.21 as on 22-05-2019 || RELIANCE PENSION FUND SCHEME G - TIER II - 21.7637 as on 22-05-2019 || NPS TRUST A/C-RELIANCE CAPITAL PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 10 as on 22-05-2019 || RELIANCE PENSION FUND SCHEME A - TIER I - 11.8388 as on 22-05-2019 || RELIANCE PENSION FUND SCHEME A - TIER II - 10 as on 22-05-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME E - TIER I - 30.0255 as on 22-05-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME C - TIER I - 26.8733 as on 22-05-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME G - TIER I - 23.2712 as on 22-05-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME E - TIER II - 23.691 as on 22-05-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME C - TIER II - 24.9767 as on 22-05-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME G - TIER II - 22.2988 as on 22-05-2019 || NPS TRUST A/C-ICICI PRUDENTIAL PENSION FUNDS MANAGEMENT COMPANY LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 10 as on 22-05-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME A - TIER I - 11.9554 as on 22-05-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME A - TIER II - 10 as on 22-05-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME E - TIER I - 22.2587 as on 22-05-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME C - TIER I - 17.4325 as on 22-05-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME G - TIER I - 17.2698 as on 22-05-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME E - TIER II - 19.2511 as on 22-05-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME C - TIER II - 16.4332 as on 22-05-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME G - TIER II - 17.6411 as on 22-05-2019 || NPS TRUST A/C-HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME - NPS LITE SCHEME - GOVT. PATTERN - 10 as on 22-05-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME A - TIER I - 12.2952 as on 22-05-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME A - TIER II - 10 as on 22-05-2019 || BIRLA SUN LIFE PENSION SCHEME E - TIER I - 12.1485 as on 22-05-2019 || BIRLA SUN LIFE PENSION SCHEME C - TIER I - 11.8527 as on 22-05-2019 || BIRLA SUN LIFE PENSION SCHEME G - TIER I - 11.5684 as on 22-05-2019 || BIRLA SUN LIFE PENSION SCHEME A - TIER I - 11.5028 as on 22-05-2019 || BIRLA SUN LIFE PENSION SCHEME E - TIER II - 12.0556 as on 22-05-2019 || BIRLA SUN LIFE PENSION SCHEME C - TIER II - 11.5079 as on 22-05-2019 || BIRLA SUN LIFE PENSION SCHEME G - TIER II - 11.1734 as on 22-05-2019 || BIRLA SUN LIFE PENSION SCHEME A - TIER II - 10 as on 22-05-2019 ||

Toll Free Number -1800-110-069 of Atal Pension Yojana                  Submission of FATCA Self Declaration                 Go Paperless Opt for an Email Annual Transaction Statement                 Proposal for streamlining the NPS by Ministry of Finance                 NPS Trust has stopped recovering its administrative charges / expenses with effect from 25/01/2019                  Voluntary Contribution in Tier I account by Govt. Sector Subscribers                 

General

A pension provides people with a monthly income when they are no longer earning.

Need for Pension:

  • One is not as productive in the old age as in youth.
  • The rise of nuclear family –Migration of younger earning members.
  • Rise in cost of living
  • Increased longevity

Assured monthly income ensures dignified life in old age.

"NPS -Swavalamban Model" is designed to ensure ultra-low administrative and transactional costs, so as to make small investments viable.

Swavalamban Yojana is a scheme announced by the Government of India under which Government will contribute Rs. 1000 per year to each NPS – Swavalamban account opened in year 2010-2011,2011-2012 ,2012-2013 for five years as under.

  • Account opened in 2010-2011 will get the benefit till 2014-2015
  • Account opened in 2011-2012 will get the benefit till 2015-2016
  • Account opened in 2012-2013 will get the benefit till 2016-2017

NPS – Swavalamban account opened in the period 2013-2014 to 2016-2017 will get the Swavalamban benefit up to 2016-17.

Distinguishing Features of NPS -Swavalamban:

  • Voluntary - Open to eligible citizens of India, in the age group of 18–60 years. Subscriber is free to choose the amount he/she wants to invest every year.
  • Simple - Eligible individuals in the unorganized sector can open an account through their Aggregator and get an Individual subscriber (NPS - Swavalamban) Account.
  • Safe - Regulated by PFRDA, with transparent investment norms, regular monitoring and performance review of fund managers by NPS Trust.
  • Economical - Ultra-low cost structure with no minimum amount required per annum or per contribution.

NPS - Swavalamban is a pension product to ensure a monthly income after the retirement age has been attained.

NPS - Swavalamban invests a portion of the contributions in the equity (stock) market and hence there are possibilities of returns much higher than what banks & similar financial institutions are able to offer. A portion of the corpus is invested in equity markets which enables the corpus to grow quickly. However, unlike other equity based investment schemes where risk of losing the money is high, in NPS - Swavalamban; the risk is reduced considerably as up to 55% of money is invested in Government securities and up to 40% in corporate bonds.

The Swavalamban Scheme is a Govt. of India incentive for unorganized sector. This is a pension scheme available to provide the retirement benefit to unorganized sector and under this scheme, the Govt. of India will contribute Rs.1000/- per year to every NPS-Swavalamban account provided the contribution is between Rs.1000/-to Rs.12000/- per year.

The contribution into NPS - Swavalamban is an investment for the future income for a Subscriber's family. A Subscriber receives pension based on accumulated contribution out of his/her current income. Since the pension is received when the Subscriber is not working, a longer period of investment would ensure a larger corpus being invested and hence higher pension returns during old age. Longer duration of investment in NPS –Swavalamban ensures that high benefits accrue for long periods.