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Searched Tag: national pension scheme
PFRDA aims to bridge gap in NPS' access for informal sector.

PFRDA calls for expanding NPS' reach to informal sector

December 22, 2024, 05:20 PM - 4 min read

India’s pension system faces a challenge in reaching a significant portion of the workforce, particularly those working in the informal sector, which accounts for around 80% of the country’s employment.

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NPS Vatsalya scheme for minors to launch in two weeks

NPS Vatsalya scheme for minors to launch in two weeks

September 6, 2024, 02:44 PM - 3 min read

NPS Vatsalya is a modified version of the National Pension System (NPS), designed specifically for minors. Under this scheme, parents or guardians will be able to open an NPS account for their children and make regular contributions until the child turns 18.

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The Pension Fund Regulatory and Development Authority (PFRDA) has notified amendments to the National Pension System Trust and Pension Fund regulations.

PFRDA introduces amendments to NPS trust and pension fund regulations

February 21, 2024, 08:13 PM - 2 min read

In a statement issued by the finance ministry on February 21, it was highlighted that the amendments to the Pension Fund Regulations aim to align governance practices with the Companies Act, 2013, while also emphasizing enhanced disclosure standards by pension funds

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