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National Pension Scheme (NPS): A Complete Guide for Retirement Planning Planning for a secure retirement is crucial in today’s uncertain economic environment. One of the most effective and government-backed retirement savings options in India is the National Pension Scheme (NPS) . Launched by the Government of India and regulated by the Pension Fund Regulatory and Development Authority (PFRDA) , NPS is a long-term, market-linked pension plan that allows individuals to accumulate a retirement corpus systematically. This guide will help you understand what NPS is, how it works, its features, benefits, eligibility, tax advantages, and how to open an NPS account. What is the National Pension Scheme (NPS)? The National Pension Scheme is a voluntary retirement savings scheme designed to enable Indian citizens to save for retirement. Initially launched for government employees in 2004, it was extended to all Indian citizens in 2009, including self-employed individuals. Under NPS, s...