NPS annuity explained: How it works, current rates, and the best pension options for retirees - NPS annuity rates explained: How much pension will you really get?

Understanding annuity rates is the first step toward building a stable income after retirement. Under the NPS, annuity returns usually range between 5.5 percent and 7.5 percent, depending on the provider and plan you choose. The rate may vary based on market conditions and the type of annuity selected. Knowing these details helps you plan better for a reliable retirement income.Let’s decode how these rates determine your monthly pension. NPS annuity rates explained: How much pension will you really get?