New Pension Scheme.
Who Cannot Join.
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Who cannot join?
  • Un-discharged insolvent: Individuals who are not granted an ‘order of discharge’ by a court.
  • Individuals of unsound mind: An individual is said to be of unsound mind for the purposes of making a contract if, at the time when he makes it, he is incapable of understanding it and of forming a rational judgement regarding its effect upon his/her self-interest.
  • Pre-existing account holders under NPS.