NATIONAL PENSION SYSTEM (NPS) – Detailed Procedure NATIONAL PENSION SYSTEM (NPS) National Pension System (NPS) (previously called New Pension Scheme) was introduced with effect from 01.01.2004 replacing the earlier system of defined pension under CCS (Pension) Rules, 1972. Those central government employees appointed on after this date will be covered under the new scheme. Under … Continue reading NATIONAL PENSION SYSTEM (NPS) – Detailed Procedure