NPS Fund Value 2019 – Central & State Pension Fund NAV as on 6.5.2019
NPS Fund Value 2019
Central & State Pension Fund NAV as on 6.5.2019
Central Government : The Central Government had introduced the National Pension System (NPS) with effect from January 1, 2004 (except for armed forces). Pension Fund Regulatory and Development Authority (PFRDA), the regulatory body for NPS, has appointed NSDL as Central Recordkeeping Agency (CRA) for National Pension System. CRA is the first of its kind venture in India which is carrying out the functions of Record Keeping, Administration and Customer Service for all subscribers under NPS. CRA shall issue a Permanent Retirement Account Number (PRAN) to each subscriber and maintain database of each Permanent Retirement Account along with recording transactions relating to each PRAN.
In NPS, a government employee contributes towards pension from monthly salary along with matching contribution from the employer. The funds are then invested in earmarked investment schemes through Pension Fund Managers.
State Government: The Central Government had introduced the National Pension System (NPS) with effect from January 01, 2004 (except for armed forces). Pension Fund Regulatory and Development Authority (PFRDA), the regulatory body for NPS, finalised the architecture and appointed NSDL as Central Record keeping Agency (CRA) and other entities for National Pension System. Subsequently, various State Governments adopted this architecture and implemented NPS with effect from different dates.
In NPS, a government employee contributes towards pension from monthly salary along with matching contribution from the employer. The funds are then invested in earmarked investment schemes through Pension Fund Managers.”
SBI PENSION FUND SCHEME
CENTRAL GOVT – 28.3906 as on 06-05-2019SBI PENSION FUND SCHEME
STATE GOVT – 24.3798 as on 06-05-2019UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME
CENTRAL GOVT – 27.4766 as on 06-05-2019UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME
STATE GOVT – 24.4492 as on 06-05-2019LIC PENSION FUND SCHEME
CENTRAL GOVT – 27.5709 as on 06-05-2019LIC PENSION FUND SCHEME
STATE GOVT – 24.6003 as on 06-05-2019
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