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New Pension System News

New Pension System

24 Mar 2023

New Pension System: Modi Govt’ Big Decision On NPS, Know What FM Said

PFRDA promotes, develops and regulates organised pension funds; namely National Pension System (NPS) to serve the old age income needs of people on a sustainable basis.

Retirement income

25 Dec 2016

PFRDA mulls various withdrawal options to optimise pension

In its bid to optimise the retirement income of the New Pension System (NPS) members, PFRDA is exploring alternative mechanisms for introducing different variants of the withdrawal options, a senior official said.

New Pension System

08 Jan 2016

How to make payment to NPS online...

Here is a simple step-by-step guide on how you can make payment to NPS online:

New Pension System

07 Jan 2016

Good news for NPS subscribers: Online payment facility launched

Subscribers of New Pension System can now make their contributions online through net banking, credit or debit cards with pension fund regulator PFRDA launching a platform for the same.

Pension fund regulator

22 Nov 2015

Only online withdrawals of pensions from April 2016: Pension regulator

Pension fund regulator PFRDA has made it mandatory for the subscribers of New Pension System (NPS) to submit applications online for settlement of withdrawal claims from April 1 next year.

Stock market investment

29 Jun 2015

NPS investment into equities touch 13% in FY15: PFRDA

For greater returns, the stock market investment from the New Pension System (NPS) corpus rose to 13 per cent in the last fiscal, while the pension regulator PFRDA is in discussion with the government for greater tax benefits for subscribers of this scheme.

Pension watchdog

11 Jun 2015

Pension watchdog eyes APY to boost NPS corpus by Rs 50K cr

The Centre has launched Atal Pension Yojana (APY) targeted at people in the unorganised sector who wish to join NPS and are not a member of any other social security plan.

Mutual fund houses

19 Mar 2015

MF houses want tax sops for pension products on lines of NPS

Mutual fund houses have said that tax benefits for retirement solutions should be provided on the lines of the New Pension System (NPS) as they are planning to enter pension funds sector in a big way.

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