New Delhi [India], October 2 (ANI): India's National Pension System (NPS) has emerged as a high-performing and cost-effective retirement planning tool, delivering over 13 per cent average annual returns in its equity schemes since inception, Finance Minister Nirmala Sitharaman said while addressing the NPS Diwas conference on 'Inclusive Pension s, Innovative Solutions: Strengthening Retirement Security in India' organized by Pension Fund Regulatory and Development Authority (PFRDA) in New Delhi.

Other investment options under NPS have also posted robust long-term returns: around 9 per cent annually for both corporate debt and government securities schemes, making NPS one of the most attractive pension products in the world.

"The schemes under NPS have generated attractive returns.

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