Press Information Bureau
Government of India
Ministry of Finance
10-December-2018 15:01 IST
Streamlining of National Pension System (NPS)
Decision
The Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS).
Enhancement of the mandatory contribution by the Central Government for its employees covered under NPS Tier-I from the existing 10% to 14%.