NSPS: A New Attempt to Blend Pension and Healthcare Planning
The Pension Fund Regulatory and Development Authority has launched the NPS Swasthya Pension Scheme (NSPS) on a pilot basis, introducing a novel idea—using a portion of retirement savings to meet healthcare expenses. While the scheme offers flexibility for routine medical costs, financial planners caution that it is suitable only for a narrow group of subscribers and should not be viewed as an alternative to health insurance.
Month: Current Affairs - February 01, 2026
Category: Economy & Personal Finance