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1 November 2017
 |
| NPS (The Total Investment & Insurance Solutions) |
The
government has increased the the maximum age of joining under National Pension
Scheme (NPS) from the existing 60 years to 65 years of age, an official
statement said here on Wednesday. The
Total Investment & Insurance Solutions
"In continuance of the several
initiatives under taken by Pension Fund Regulatory and Development Authority
(PFRDA) during the last few years to increase the pension coverage in the
country, PFRDA has now increased the maximum age of joining under NPS-Private
Sector (all citizen and corporate model) from the existing 60 years to 65 years
of age," the statement said.
Now, any Indian citizen, resident or
non-resident, between the age of 60- 65 years, can also join NPS and continue
up to the age of 70 years in NPS.
"With this increase of joining age, the
subscribers who are willing to join NPS at the later stage of life will be able
to avail the benefits of NPS," the statement said.The Total Investment & Insurance Solutions
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