Personal Finance »PF News»PF News Details
PF News Details
Back

National Pension System joining age limit to be raised to 65 years

Indivjal Dhasmana / New Delhi 12 Sep 17 | 01:04 AM

Photo: Shutterstock

The upper age limit for joining the National Pension System (NPS) will shortly be increased to 65 years from the current 60. 

Widgets Magazine

Announcing this, the Pension Fund Regulatory and Development Authority Chairman Hemant Contractor said at a conference here, that the board had already approved the change and it would be notified shortly.

“NPS is currently open for people between 18 and 60, and our board has approved raising the age limit for joining to 65," Contractor said.

“The scheme anyway has the option of continuing and making contributions up to the age of 70," he added.

Widgets Magazine

Sensex

Company Price Gain (%)
Adani Ports414.303.27
H D F C1,718.301.53
St Bk of India335.201.35
Asian Paints1,174.351.12
Maruti Suzuki8,514.301.08

Poll

It has been a year since demonetisation was announced. What is your view about the move?



Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine