Tier 1 and Tier 2 both options exist in National Pension System (NPS), But many Government Employees do not know about Tier 2 account. They know only about default account which Tier 1 account. Government of India launched NPS to provid retirement corpus to Indian Citizens. This scheme is regulated by PFRDA( Pension fund Regulatory Development Authority of India). All citizens of India including Non -Resident Indians are eligible to invest in this scheme. However, existing NPS subscribers and people who do not have sound mind are not allowed to enter into this scheme. Hence, One person can have one …