The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a revamped version of the National Pension System Trust’s website, incorporating various enhancements.
The upgraded site offers new functionalities tailored to the members enrolled in the National Pension Scheme.
Dr. Deepak Mohanty, PFRDA Chairman, unveiled the website.
Strengthening the Pension System
PFRDA has undertaken essential modifications to the website to reinforce the pension system’s effectiveness.
The primary objective is to provide seamless access to information regarding the National Pension System (NPS) and Atal Pension Yojana (APY) for all members.
The newly designed website is compatible with both desktop and mobile devices.
Notable enhancements have been integrated to cater to user requirements.
The website is accessible in both Hindi and English languages.
Streamlined Navigation and Key Features
The homepage features three crucial tabs: “Open NPS Account,” “Plan Retirement (Pension Calculator),” and “View NPS Holdings.
” These tabs enable members to swiftly access essential information.
Additionally, user-friendly graphics on the homepage visually illustrate the annual NPS benefits. The upgraded website can be accessed at https://npstrust.org.in.
Enhanced Facilities
The new website introduces a categorized option list for NPS and Atal Pension Yojana, spanning six categories.
These encompass facilities and benefits, online services, returns and charts, NPS calculator, and complaints and solutions.
Subscribers can conveniently access comprehensive details of their NPS accounts by verifying their PRAN, date of birth, and OTP under the online services section.
Innovative Pension Calculator
A novel calculator has been integrated into the website, empowering scheme members to effortlessly determine their anticipated pension and lump sum amount upon retirement.
Users can also retrieve information about NPS returns and benefits.
By utilizing the calculator, individuals can ascertain their optimal post-retirement investment to secure a favorable pension.
The calculator necessitates input such as date of birth, monthly investment, and investment duration.
It offers investment options up to the ages of 57 and 75.
Empowering Pension Possibilities
Under the NPS, individuals have the flexibility to remain enrolled until the age of 75.
After retiring at 60, participants can withdraw 60% of the amount as a tax-free lump sum.
The remaining 40% must be invested in an annuity or pension plan, ensuring a regular pension income.
For further details and access to these features, visit the revamped website at https://npstrust.org.in.
