Pfrda

Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, said PFRDA Chairman Supratim Bandyopadhyay.

Aiming to privatise two public sector banks, government will introduce the Banking Laws (Amendment) Bill 2021 in the Winter session of Parliament

Under the NPS, an exit is defined as closure of individual pension account of the subscriber. NPS also allows partial withdrawal from the mandatory Tier-I account under certain conditions

NPS is a long-term investment plan for retirement. It is a government-run retirement planning instrument, which gives the investor the option to set a preferred allocation to various asset classes

The Pension Fund Regulatory and Development Authority (PFRDA) has kickstarted a campaign under 'Azadi Ka Amrit Mahotsav' to promote pension and retirement planning.

The pension assets under management (AUM) achieved a new milestone and crossed the Rs 6 lakh crore mark (Rs 6 trillion) under the National Pension System (NPS) and the Atal Pension Yojana (APY), after a gap of 13 years.

National Pension System: The number of corporate NPS subscribers in the age group of 18-65 years has risen to 10.13 lakh, according to an official statement.

The role of the PFRDA includes implementation and regulation of NPS and Atal pension Yojana through various entities including the NPS Trust.

PFRDA has appointed NSDL (National Securities Depository Limited) as Central Recordkeeping Agency (CRA) for National Pension System. CRA issues Permanent Retirement Account Number (PRAN) to each subscriber and maintain database of each Permanent Retirement Account along with recording transactions relating to each PRAN.

PFRDA has appointed India Post as one of the Point of Presence (POP) - the first points of interaction of the NPS subscriber with the NPS architecture. India Post provides services through POP service providers (POP SPs). All head post offices across the country are identifies as POP SPs, according to India Post's website- indiapost.gov.in.

NPS (National Pension System)-Swavalamban also known as National Pension System-Lite (NPS-Lite) is a pension scheme designed with intention to secure the future of the people who are economically disadvantaged.

NPS allows premature withdrawal from an account under certain conditions, according to pension regulator PFRDA's website - pfrda.org.in. NPS enables the subscriber to set his or her own choice for fund allocation to different asset classes, such as government securities, equity market instruments, corporate debt and alternative investment funds.

More than 18 million jobs were generated by India's formal sector in a 15-month period starting September 2017, a study based on payroll data of retirement fund body EPFO, PFRDA and Employees'' State Insurance Corporation (ESIC) shows.

National Pension System (NPS) is administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA).

Regulator PFRDA or Pension Fund Regulatory and Development Authority, which administers the Atal pension scheme, allows persons between 18 and 40 years of age to invest their money in the plan to earn a fixed income after attaining the age of 60 years, according to its website - pfrda.org.in. The contribution required to earn a fixed pension of Rs ...

Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, said PFRDA Chairman Supratim Bandyopadhyay.

Aiming to privatise two public sector banks, government will introduce the Banking Laws (Amendment) Bill 2021 in the Winter session of Parliament

Under the NPS, an exit is defined as closure of individual pension account of the subscriber. NPS also allows partial withdrawal from the mandatory Tier-I account under certain conditions

NPS is a long-term investment plan for retirement. It is a government-run retirement planning instrument, which gives the investor the option to set a preferred allocation to various asset classes

The Pension Fund Regulatory and Development Authority (PFRDA) has kickstarted a campaign under 'Azadi Ka Amrit Mahotsav' to promote pension and retirement planning.

The pension assets under management (AUM) achieved a new milestone and crossed the Rs 6 lakh crore mark (Rs 6 trillion) under the National Pension System (NPS) and the Atal Pension Yojana (APY), after a gap of 13 years.

National Pension System: The number of corporate NPS subscribers in the age group of 18-65 years has risen to 10.13 lakh, according to an official statement.

The role of the PFRDA includes implementation and regulation of NPS and Atal pension Yojana through various entities including the NPS Trust.

PFRDA has appointed NSDL (National Securities Depository Limited) as Central Recordkeeping Agency (CRA) for National Pension System. CRA issues Permanent Retirement Account Number (PRAN) to each subscriber and maintain database of each Permanent Retirement Account along with recording transactions relating to each PRAN.

PFRDA has appointed India Post as one of the Point of Presence (POP) - the first points of interaction of the NPS subscriber with the NPS architecture. India Post provides services through POP service providers (POP SPs). All head post offices across the country are identifies as POP SPs, according to India Post's website- indiapost.gov.in.

NPS (National Pension System)-Swavalamban also known as National Pension System-Lite (NPS-Lite) is a pension scheme designed with intention to secure the future of the people who are economically disadvantaged.

NPS allows premature withdrawal from an account under certain conditions, according to pension regulator PFRDA's website - pfrda.org.in. NPS enables the subscriber to set his or her own choice for fund allocation to different asset classes, such as government securities, equity market instruments, corporate debt and alternative investment funds.

More than 18 million jobs were generated by India's formal sector in a 15-month period starting September 2017, a study based on payroll data of retirement fund body EPFO, PFRDA and Employees'' State Insurance Corporation (ESIC) shows.

National Pension System (NPS) is administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA).

Regulator PFRDA or Pension Fund Regulatory and Development Authority, which administers the Atal pension scheme, allows persons between 18 and 40 years of age to invest their money in the plan to earn a fixed income after attaining the age of 60 years, according to its website - pfrda.org.in. The contribution required to earn a fixed pension of Rs ...