New Delhi, Jan. 28 -- To integrate health-related benefits with the National Pension System (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) has launched the NPS Swasthya Pension Scheme (NSPS) on a pilot basis to test its viability and technological backbone.
Under the scheme, all Indian citizens can make voluntary contributions and use the corpus to meet both outpatient (OPD) and inpatient (hospitalization) expenses. The minimum investment is Rs.1,000, in line with rules for non-government NPS subscribers, and there is no maximum limit.
NSPS allows subscribers to invest across multiple asset classes under the NPS Multiple Scheme Framework (MSF). When the funds are not being used for medical needs, the corpus continu...
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