NPS All Citizen Model

As of 1 May 2009, the Indian government decided to roll out the National Voluntary Pension System (NPS) for all people. The Nodal Authority for the management of NPS activities is PFRDA. PFRDA has appointed Department of Posts one of the Point Of Presence (POP). Department of Posts provides services via POP Service Providers (POP SPs). All IndianHead Post Offices are marked as POP S

SERVICES :

• New account opening of the National Pension Scheme (All Citizens Model). 
• Subsequent Contributions. 
• All kinds of requests for service. 
• Requests for withdrawal from exit / claim.

TYPES OF ACCOUNTS :     

• Tier I & Tier II.
• Tier I, Pension Account, is compulsory.
• Tier II is optional and is Savings Account. 
• Government Servants appointed on or after 01.01.2004 can only open Tier II Account as their DDOs maintain Tier I.

ELIGIBILITY : All citizens between 18 and 65 years of age who do not come under any NPS sector.

INCOME TAX BENEFITS :  Income Tax Benefits For investment in NPS (All Citizen Model) there is an additional tax advantage up to Rs.50,000/-.All Citizens who does not comes under any NPS Sector and Age between 18 & before 65 years of age.

National Pension Scheme System (NPS)

National Pension Scheme System (NPS)

National Pension Scheme System (NPS)

National Pension Scheme System (NPS)