To decide between UPS and NPS, we must know, the output of both NPS and UPS. UPS calculation can be seen here.
Let us calculate pension and Lump-sum amount from NPS, at the time of retirement.
To fill the input values, you will require the following data. Source is hyperlinked.
Corpus at Retirement = Already accumulated corpus at retirement (Calculator 1) + Corpus to be accumulated from now onward up to retirement(Calculator 2)
Annuity Rate of Interest (%): Usually around 5-6% only.
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