Webinar on National Pension System for Corporates

The National Pension System launched by the Government of India for its citizens to bring an attractive long term savings avenue to effectively plan for your retirement through safe and reasonable market- based returns. Companies in India are increasingly offering employees the option to save for retirement through the government-run National Pension System (NPS), but more work must be done to encourage employees to pursue this option. The average lifespan for Indians has also increased, bolstering the need to build a nest egg that provides a steady stream of money after retirement. 

 In the nearly 10 years since Indian companies have been allowed to invest in the NPS, around 9,000 companies have signed up to offer it as an optional benefit to their employees. Within these companies, around 1.2 million employees have invested close to 500 billion rupees (approximately $6.7 billion USD) as of July 31, a nearly 50 percent jump from March 31, 2019. Still, only a small fraction of the organized workforce in India is part of the pension system.             

 Key Area’s Of Discussion :  

• Importance of retirement planning and role of employers.  
• How Would NPS help employees to efficiently plan their retirement.  
• Understanding NPS as Pension Scheme.  
• Benefits of NPS to employees and employers  

• Tax implications on retirement planning