Anyone here who has opted for corporate nps in Morgan Stanley . Does MS deposit 10% of your basic salary directly to the pension account. I see this as a huge benefit as my current company deducts nps amount from my monthly salary.
I read this line in my offer letter benefits in payroll document:
NPS will not reflect on pay slip as this is directly deposited by the Firm into your NPS account. However, this will be part
of ITCS as part of your earnings and deductions u/s Sec 80CCD (2)

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Posting as :
works at
You are currently posting as works at

Yes, it does deposit it directly every month. The tax part is also true.
This amount is basically reduced from HRA allowance and gets diverted into NPS.

Yes. PF employer contribution is given separately but NPS isn't given as such as it is not mandatory by government. It is an individual's decision

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