NPS Regular Income Scheme: Regular Income Plus Wealth Creation? Here's How It Works

Is the National Pension System's (NPS) new Regular Income Scheme (RIS) a pension plan, an investment product, or a mix of both? The answer isn't as straightforward as it seems. Unlike a traditional annuity that locks in your returns for life, the new RIS aims to provide regular monthly payouts while allowing a portion of your retirement corpus to remain invested for potential growth. In this conversation, Mrin Agarwal, CEO of Finsafe, explains how the new NPS retirement income option works, how it differs from a conventional pension, and what retirees should know before opting for it. Watch the full discussion to understand whether this new approach to retirement income aligns with your financial goals and risk appetite.