2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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60
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70
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65
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80
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Detailed explanation-1: -The Pension Fund Regulatory and Development Authority had increased the maximum age to register for the NPS from 60 to 65 years of age.
Detailed explanation-2: -Applicant should be between 18 – 60 years of age as on the date of submission of his/her application to the POP/ POP-SP. The Central Government had introduced the National Pension System (NPS) with effect from January 1, 2004 (except for armed forces).
Detailed explanation-3: -Going forward, anyone between the age of 18 and 70 years may open a NPS account.
Detailed explanation-4: -The good news is that older adults can now open a National Pension System (NPS) account up to 70 years of age. The maximum age to join the NPS has already been raised by the Pension Fund Regulatory and Development Authority (PFRDA) from 60 to 65 years of age.
Detailed explanation-5: -The maturity period of NPS is 60 years. You must contribute to your NPS account till you attain 60 years. However, you can partially or prematurely withdraw a certain percentage of your contributions before attaining 60 years.