Dear Members,
I would be very thankful for your guidance.
1. Is it possible to draw two pensions at a time by investing voluntarily in NPS (New/National Pension Scheme/System) Tier 1 and through EPS of EPFO already subscribed?
2. Will a person be eligible for Widow pensions from the above NPS-1 and EPF if he/she has voluntarily subscribed for pensions from Atal Pension Yojna?
Thanks & Regards,
Ranjit
From India, Chandigarh
Acknowledge(0)
Amend(0)
I would be very thankful for your guidance.
1. Is it possible to draw two pensions at a time by investing voluntarily in NPS (New/National Pension Scheme/System) Tier 1 and through EPS of EPFO already subscribed?
2. Will a person be eligible for Widow pensions from the above NPS-1 and EPF if he/she has voluntarily subscribed for pensions from Atal Pension Yojna?
Thanks & Regards,
Ranjit
From India, Chandigarh
Acknowledge(0)Amend(0)
In point 2, my question is - Will a person get three pensions at a time if he/she enrolls in Atal Pension Yojana for pension and Widow/Widower pensions from NPS and EPF (as mentioned in point 1) if the death of his/her spouse who is enrolled in NPS and EPF both.
From India, Chandigarh
Acknowledge(0)Amend(0)
From India, Chandigarh
Acknowledge(0)Amend(0)
Pension from NPS is not a pension in the real sense. It is an annuity which the subscriber has to buy when he reaches the maturity age (60). The annuity will also be taxable. Pensions from other sources have no connection with NPS pension.
From India, Pune
Acknowledge(1)Amend(0)
3180From India, Pune
Acknowledge(1)Amend(0)
Dear friends,
In the above three pension schemes, pension is not an additional benefit; but a return/compensation for the investment of the member. Hence, one scheme may not deny benefits from other schemes.
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
In the above three pension schemes, pension is not an additional benefit; but a return/compensation for the investment of the member. Hence, one scheme may not deny benefits from other schemes.
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
EPF Pension15000.xl s