Pension Fund Managers (PFMs) :
The SBI, LIC and UTI have been selected as Pension Fund Managers (PFMs)for investing the CPS funds at the rates of 40%,31% and 29% respectively. NPS Trust has been set up as Trustee for CPS funds and the Bank of India has been appointed as Trustee Bank.
The SBI, LIC and UTI have been selected as Pension Fund Managers (PFMs)for investing the CPS funds at the rates of 40%,31% and 29% respectively. NPS Trust has been set up as Trustee for CPS funds and the Bank of India has been appointed as Trustee Bank.