Pfrda

Friday, Apr 26, 2024 | Last Update : 01:27 PM IST

BRC will also be tasked to analyse rating distribution of the securities under NPS schemes as well as to identify fund's credit quality and risks of a portfolio. (Photo: ANI)

NPS Trust to hire consultant for performance review of PFs, portfolio analysis

The last date for submission of interest under of the proposal is July 24, 2019.

09 Jul 2019 2:51 PM

The NPS is a voluntary, defined contribution retirement savings scheme for government employees as well as for those working in the private sector.

Budget 2019: Govt proposes to separate NPS Trust from PFRDA

The proposal to separate the two job roles was under consideration for last few years.

05 Jul 2019 4:49 PM

Normally, upon entry into the NPS, the subscriber remains invested till the age of superannuation or 60 years.

PFRDA working on minimum assured return scheme for NPS subscribers

NPS is a contributory retirement savings scheme and seeks to inculcate the habit of saving for old age among the citizens.

24 Feb 2019 11:19 AM

Atal Pension Yojana schemes and hopes to cover nearly 2.72 crore subscribers by the end of the current financial year.

PFRDA hopes to reach 2.72 cr subscribers under APY, NPS by Mar-end: Contractor

PFRDA said there are nearly 1.45 crore subscribers under APY and the remaining 1.20 crore have NPS accounts.

18 Feb 2019 5:08 PM

PFRDA has sent two more proposals to the ministry - auto enrolment for APY and raising the maximum age bar to enter the scheme to up to 50 years.

Govt mulls raising pension limit to up to Rs 10,000 per month under APY

PFRDA added about 50 lakh new subscribers under the scheme in 2017-18.

12 Jun 2018 2:33 PM

The proposal is still on the table, but not under active consideration.

FinMin rules out raising equity investment limit for pension funds

Government employees contribute about 87 per cent of the Rs 2.3 lakh crore ($35 billion) managed by the NPS.

22 May 2018 8:27 AM

Atal Pension Yojana has added over 1 crore subscribers since its launch in May 2015, the Pension Fund Regulatory and Development Authority (PFRDA) said on Tuesday.

Atal Pension Yojana crosses 1 crore subscribers in 3 years

The scheme has generated around 9.10 per cent compounded annual growth rate (CAGR) since inception till March 2018, it said further.

15 May 2018 4:26 PM

New Pension Scheme (NPS) data indicated the generation of 4.2 lakh new payroll during the given period.

35.3 lakh new payrolls generated from September-February

ESIC data also mirrored the payroll growth shown in the two sets of data from EPFO and PFRDA.

27 Apr 2018 10:10 AM

Pension fund regulator PFRDA has made bank account details and mobile number mandatory for subscribers of national pension scheme (NPS), the finance ministry said on Friday.

PFRDA makes bank account, number mandatory for NPS subscribers

PFRDA takes various initiatives from time to time in order to simplify and improve the operational issues in National Pension System (NPS).

20 Apr 2018 3:16 PM

APY provides minimum guaranteed pension ranging between Rs 1000 to Rs 5000 per month for subscribers from the age of 60 years.

Govt releases Rs 120.92 cr as co-contribution towards APY

Government of India co-contribution is payable only when accounts are regular and the admissible.

18 Apr 2018 8:39 AM

Subscribers can withdraw after three years from the date of joining the system and a maximum of three times during the entire tenure of subscription under the NPS. (Photo: ANI)

Govt eases norms for partial withdrawal under pension scheme

Subscriber shall be permitted to withdraw accumulations not exceeding 25 pc of contributions made by him or her.

07 Mar 2018 10:47 AM

PFRDA also expects that its Asset Under Management (AUM) would grow by 45-47 per cent in the next year.

LTCG will not impact NPS: PFRDA chairman

The total NPS corpus is currently at Rs 2.25 lakh crore from a base of two crore subscribers.

14 Feb 2018 12:21 PM

APY became operational from June 1, 2015 and is available to all citizens of India in the age group of 18-40 years.

Atal Pension Yojana subscriber base touches 80 lakh-mark

Under scheme, a subscriber would receive a minimum guaranteed pension of Rs 1000 to Rs 5000 per month.

06 Jan 2018 10:22 AM

Limited space for rate cut: SBI boss

When asked whether, recapitalisation in public sector banks by government could lead to increase in interest rate, he said, “quite possible”.

10 Nov 2017 5:17 AM

Pension Fund Regulatory Authority of India, PFRDA, is nodal agency for all pension related issues. (Photo: Representational image/PTI)

PFRDA unveils incentives to expand pension coverage

Introducing of e-NPS, reducing minimum contribution levels, new investment instruments are among recent decisions.

28 Oct 2017 3:28 PM

Returns generated by pension funds under National Pension System, NPS, has been over 10 per cent. (Photo: PTI)

NPS subscribers rise 27 per cent to 1.78 crore; AUM at Rs 2.06 lakh crore

Govt has amended I-T Act providing for tax free migration of superannuation funds to NPS.

10 Oct 2017 4:21 PM

NPS Service fortnight will be organised between June 27 and July 11 at offices of central and state governments.

PFRDA to update contact details of NPS subscribers

NPS is the government's flagship social security scheme.

19 Jun 2017 8:00 PM

PFRDA creates separate asset class for investment

Under this asset class the funds can be invested into newly created trusts InvITs and REITs.

21 May 2017 12:44 PM

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