Corporate NPS can provide the additional pension layer, says PFRDA's Jagpal: What you need to know about this scheme
New Delhi, Aug. 9 -- Retirement planning is no longer just an individual's responsibility. With employees changing jobs more frequently and retirement potentially lasting 20-30 years after regular income stops, companies have an important role to play in helping workers build a sufficient retirement corpus.
Speaking at Outlook Money's Retire Smart: Financial Wellness Leadership Series, Randip Singh Jagpal, Whole Time Member (Law) of the Pension Fund Regulatory and Development Authority (PFRDA), said workplaces can play a crucial role in turning pension policies into long-term financial security.
He emphasised that India needs more than "another savings product" and instead requires a "complete pension solution". Jagpal highlighted Corpo...
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