Atal Pension Yojana is a government-sponsored pension scheme, while the other options are types of pension plans.

Individuals can join the National Pension System at the age of 18 years.

Individuals can join the National Pension System up to the age of 65 years.

The minimum contribution required to join the National Pension System is ₹500 per month.

The maximum contribution limit for the National Pension System is ₹25,000 per month.

Contributions made to the National Pension System are eligible for tax deduction under section 80C of the Income Tax Act.

Individuals can start withdrawing money from the National Pension System at the age of 60 years.

Individuals can withdraw their money from the National Pension System in the form of a lump sum, annuity, or a combination of both.

The minimum annuity that an individual can purchase under the National Pension System is ₹1,000 per month.

The maximum annuity that an individual can purchase under the National Pension System is ₹25,000 per month.

The annuity received under the National Pension System is partially taxable. 40% of the annuity is taxable, while the remaining 60% is exempt from tax.

The Pension Fund Regulatory and Development Authority (PFRDA) is a regulatory body for the pension sector in India.

The role of the PFRDA in the pension market of India is to regulate the pension sector.

The PFRDA regulates different types of pension funds, including provident funds, superannuation funds, and gratuity funds.

The pension market in India is important for providing financial security to individuals after retirement, promoting savings and investment, and contributing to the economic growth of the country.