|
|
The IIEF Pension Policy and Business Simulation Toolkit (i-TAP) was produced by the IIEF and IPRF research teams. This toolkit will assist NPS members, policymakers, PFRDA and service providers in analysing the impact of a variety of variables (contributions, portfolio choice, service charges, inflation, wage growth, etc.) on terminal accumulations in a defined contribution pension system with individual accounts. i-TAP will provide the government and regulators with important policy inputs on costs, fees and charges and also provide potential service providers (CRA, PFMs and POPs) with information on the potential size of the pensions market, the potential number of customers, size of assets and other essential business information regarding the New Pension System (NPS). While i-TAP has been built on the basis of certain core assumptions related to the NPS, it provides users a completely flexible environment and the ability to easily change any of the base assumptions and view the results.
Disclaimer:
i-TAP is a tool which helps calculate certain values in DC pension systems on the basis of a variety of assumptions. Neither this tool, nor IIEF or IPRF guarantee or represent that the various default assumptions and default values derived from this toolkit are representative of the real values that may be derived from any DC or DB pension scheme. You should use your independent judgement in any personal, business or policy decisions. The default values do not take tax policies or tax rates into account
| |