NPS Annuity: Do Employees Get Back 40% of Their Investment? – News18
Last Updated: August 29, 2024, 20:44 IST Employees contribute 10% of their salary, while the government adds 14% into their NPS accounts. (Representative/File Photo) The government’s rationale is that NPS is designed as a pension scheme to ensure financial security in retirement. Since the introduction of the New Pension Scheme (NPS) in 2004, replacing the…