2min chapter

Paisa Vaisa with Anupam Gupta cover image

Understanding the National Pension System (NPS) with HDFC Pension

Paisa Vaisa with Anupam Gupta

CHAPTER

How to Choose the Right Pension Fund Manager for Your Pension

In 2019, the government opened it up for all central government employees that you can choose a non-PSG pension fund manager also and a non-default scheme option. The employee is putting in 10% off the basic plus DA; the government is putting 14%. So there's a 24% getting into this every month, right? So reasonably large amount. And the employee needs to realize that if only 15% of this is going towards equity, then the chances of this over even a 25-year time or I have been able to do this are very low. But we run a number of retirement awareness and NPS awareness seminars.

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