1. The National Pension System has a unique low-cost retirement benefit scheme for the unorganised sector known as the Swavalamban scheme 2. Under this scheme, the Government of India will contribute Rs 1,000 every year for five consecutive years, provided the subscriber’s contribution is between Rs 1,000 and Rs 12,000 per year.3. A bank account is not mandatory, though desirable, to enrol for the Swavalamban scheme. However, a bank account will be required at the time of withdrawal.4. The account can be opened with a minimum Rs 50. It is not mandatory to make annual contributions, though contribution of Rs 1,000 every year ensures contribution from the government.5. Up to 15 per cent of the money is invested in equity markets; Up to 55 per cent is invested in Government secu- rities and up to 40 per cent in corporate bonds, thereby, ensuring that the risk is low.The content is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre and Arti Bhargava.