National Pension Scheme Even if you do not do a job, the government will give pension, you just have to invest in this scheme

National Pension Scheme: While doing a private job, many times the tension of our old age keeps troubling us. The government employee gets a pension from the government but the private employee does not get any such facility. In such a situation, you can invest in this scheme of the government only while doing the job. Will issue you monthly income after retirement. 

Thu, 13 Jul 2023 01:38 PM (IST)
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National Pension Scheme Even if you do not do a job, the government will give pension, you just have to invest in this scheme

If you also work in the private sector, then many times you must be worried about your old age with your family. You would want your monthly income to continue even after retirement. For this, you must have done many savings as well. If you invest in this scheme of government while doing a job, then you can get a pension of more than Rs 10,000 every month. Let us know about this scheme in detail.
This scheme is a long-term investment plan. After investing in this scheme, you will get regular pension benefits after retirement. It is run by the Central Government. In this, the government gives you a big retirement fund after retirement.
You have to open your account for this. You can open this in your name as well as in the name of your partner. In this, after completion of 60 years, you get money as a pension either at once or every month.
You have to invest in this scheme every month or annually. You can also invest Rs 1000 every month. You can run this scheme till the age of 70 years. You can withdraw 60% of the money after 60 years.
If you invest in this scheme after the age of 30 years and invest Rs 5,000 every month, then after the age of 60 years you would have got around Rs 1.12 crores. You get a 10% return on investment every month. After the age of 60 years, you can withdraw 60% of the money at once. Apart from this, you will get Rs 45,000 as a pension every month.
You get a tax benefit of up to Rs 50,000 in the National Pension Scheme. You can avail of this benefit under Section 80CD(1B) in addition to Section 80(C) of the Income Tax Act.

Muskan Kumawat Journalist & Writer