CSC National Pension System (NPS) | CSC Vle Pension Scheme


What is National Pension System?  NPS is an easily accessible, low-cost, tax-efficient, flexible, and portable retirement savings account. Under NPS, the individual contributes to his retirement account and his employer can also co-contribute for the social security/welfare of the individual. NPS is designed on a Defined  Contribution basis wherein the subscriber contributes to his / her pension account, there is no defined benefit that would be available at the time of exit from the system and the accumulated wealth depends on the contributions made and the income generated from investment of such wealth.  The greater the value of the contributions made, [...]