Good News for Pensioners! ‘Guaranteed return’ will be available under NPS, know the new plan of the government

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NPS Assured Return Scheme: There is good news for lakhs of pensioners of the country. Actually, the pension regulator PFRDA is going to come up with the Minimum Assured Return Scheme (MARS) under the National Pension System (NPS).

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Pensioners of this scheme will get benefits. Let us know about this special scheme of the government. Under this program, preparations are being made to bring Minimum Assured Return Scheme, which will benefit crores of investors of the country. It can be launched in the National Pension System (NPS) only by the end of this month.

When can the scheme start?

PFRDA chairperson Supratim Bandyopadhyay said, “Right now we are working on the minimum guarantee return scheme. He said that PFRDA understands the impact of inflation and depreciation of rupee on its investors and gives returns accordingly. At present, work is underway on a minimum return scheme in NPS, which will enable investors to get a huge amount. This plan can be launched by the end of this month. Actually, earlier it was planned to launch it by 30 September.

How much return have you got so far?

Supratim Bandopadhyay has informed that in the last 13 years, the National Pension Scheme has given investors returns at the rate of more than 10.27% annually. In fact, to provide relief from rising inflation, efforts are being made to ensure that investors get strong returns under NPS. With the advent of the Guarantee Return Scheme, crores of people of the country will benefit and the number of people applying for the National Pension will also increase rapidly.

Subscribers will become 20 lakhs

Now let’s talk about returns, then the chairperson of PFRDA said that the size of pension assets is Rs 35 lakh crore, out of which 22 percent i.e. total Rs 7.72 lakh crore is with NPS and 40 percent is with EPFO ​​(Employees Provident Fund Organization). The maximum age of joining has now been increased to 70 years, due to which the number of subscribers has increased a lot. Now the total number of subscribers has increased from 3.41 lakhs to 9.76 lakhs.

Know what is NPS?

The Central Government had compulsorily implemented NPS for its employees on 1 January 2004. After this all the states adopted NPS for their employees. After the year 2009, this scheme was also opened to those working in the private sector. After retirement, employees can withdraw a part of NPS, while the rest can take annuity for regular income. Anyone in the age group of 18 to 70 years can take the National Pension Scheme.

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