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Aditya Birla Sun Life Pension Management Ltd.

Aditya Birla Group

Corporate NPS is available to organised sector employees working in organisations registered under the Corporate NPS Model. Launched in December 2011, Corporate NPS is regulated by PFRDA. It is a voluntary contribution scheme where periodic contributions are made by the employer on behalf of the employee to the employee’s NPS account. Employees of both public and private sectors companies can choose to join NPS under the corporate model.

    Who can join Corporate NPS?

  • Indian employees (Resident Indian / NRI / OCI) of a corporate entity which has implemented NPS in the organization.

  • The subscriber should be between 18 to 70 years on the date of opening the NPS account

  • Compliant with KYC norms

Corporate NPS model is available for entities as listed under:

  • Entities registered under Companies Act
  • Entities registered under various Co-operative Acts
  • Central/StatePublic-Sector Enterprises
  • Registered Partnership Firm / Limited Liability Partnership (LLPs)
  • Any Body incorporate under any act of Parliament or State Legislature or by order of Central/Stage Government
  • Trust/Society/Proprietorship Concern

How does Corporate NPS Works

Benefits of Corporate NPS for Employees

Frequently Asked Questions

The National Pension System (NPS) is a defined contribution pension. NPS is voluntary for subscription by an individual to make contributions to his/her Individual Pension Account during the working life for creating a pension corpus from which regular income will be generated after retirement / working age. NPS is mandatory for the Central Government recruits w.e.f. 1st Jan 2004 (except armed forces) which replaced the earlier defined benefit pension and has been subsequently adopted by almost all State Governments for their employees.

Any indian citizen(or NRI) Aged between 18 - 70 yrs is eligible to invest in NPS