IDEAS home Printed from https://ideas.repec.org/a/ids/ijicbm/v31y2024i2p184-201.html
   My bibliography  Save this article

Determination of satisfaction level of national pension system in India: an exploratory study

Author

Listed:
  • Debasmita Panigrahi

Abstract

In this paper, we evaluate the implication of the national pension system since its inception relating to its acceptability and satisfaction level of its services towards investors. We take a sample of 297 respondents both from central and state government employees in the geographical region of Odisha and West Bengal in India. Using an exploratory factor analysis, we find that the features of the new pension scheme (NPS) can be grouped under three factors, i.e., 'cost and benefit of choice', 'social security and service' and 'awareness and knowledge'. Using structural equation modelling and OLS regression, we document that these attributes of the NPS have a positive and significant bearing on the satisfaction level of the investors. This study contributes to the existing literature on pension reforms in general and NPS in particular in emerging nations.

Suggested Citation

  • Debasmita Panigrahi, 2024. "Determination of satisfaction level of national pension system in India: an exploratory study," International Journal of Indian Culture and Business Management, Inderscience Enterprises Ltd, vol. 31(2), pages 184-201.
    • Handle: RePEc:ids:ijicbm:v:31:y:2024:i:2:p:184-201
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=136805
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijicbm:v:31:y:2024:i:2:p:184-201. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=235 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.