• Dr.A. Eronimus

Pension is a necessity to the senior citizens to ensure a decent and dignified life without depending on others. It gives them freedom and power to more decision where improve status in the family and greater self respect. Government both at the centre and state have to take extra care of this ageing population by formulate and implement the public policy. The majority of working population in India expects to have better quality of life or at least to maintain the current living standards after retirement. This study was carried out to evaluate the financial literacy level of the respondents concerning National Pension Scheme and their satisfaction level. The study shows that the employees are aware of the fundamental aspects of NPS the financial literacy level of majority of the respondents is low; therefore more awareness has to be created among the employees relating to NPS and it also reveals that there is a significant association between ‘financial literacy level’ of the respondents and their ‘overall satisfaction level’ with respect to national pension scheme

Key words: Financial literacy, NPS, Retirement, Satisfaction, Pension

"Pensioners’ Financial Literacy and Their Satisfaction Level on National Pension Schemes (NPS) -With Special Reference to Pensioners in Tamil Nadu", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.250-254, June 2019, Available :http://www.jetir.org/papers/JETIR1906K26.pdf

"Pensioners’ Financial Literacy and Their Satisfaction Level on National Pension Schemes (NPS) -With Special Reference to Pensioners in Tamil Nadu", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp250-254, June 2019, Available at : http://www.jetir.org/papers/JETIR1906K26.pdf