Stock market crash must have impacted NPS and employees’ pension hugely that no one is speaking about. Whether for those in govt or those in private service, one important very concerning issue should have been continued fall of stock market. 30-40 percent of valuations have been wiped out even from most of the mutual funds. NPS corpus too is market driven and is nothing but actually mutual funds investment only. And mind it, the bedrock of old age pension or security whatever you call, had been pension funds particularly NPS. Employees particularly govt employees in states and centre have all future retirement contributions transferred to NPS. NPS as alternative to old pension has been sold with big dreams by govt. There must have been massive devaluation in this corpus of the employees during this crash. Every employees private or govt must have been hit particularly those who are retiring now. Most of the people may not be knowing as their direct exposure to market is bare minimum. They will realise it sooner.
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