Is there a middle way between the Old Pension Scheme and the New Pension Scheme? | In Focus podcast
In Focus by The Hindu
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The Difference Between the Old Pension Scheme and the New Pension Scheme
Rohit: The old pension scheme was a non-contributory pension scheme with a fixed return when you retire. New pension scheme is essentially a contributory market index fund or market based fund. Rohit: If you look at the pension scheme in the first world, which is very similar to NPS, the pension funds lost about $5 trillion because of this equity crisis.
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