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News
PFRDA
PFRDA News
Pension Fund Regulatory and Development Authority
10 Aug 2024
NPS Partial Withdrawals: Is It Possible To Draw Part Money Before Retiring?
The Indian government introduced the National Pension System (NPS), a pension cum investment plan to give people security for their old age. The Pension Fund Regulatory and Development Authority (PFRDA) oversees the scheme. After turning sixty years old, the NPS members start receiving their pension. Nevertheless, before turning 60 or upon attaining superannuation, some members desire to withdraw their accumulated wealth in NPS. Let's go into more detail on early pension withdrawal and the requirements.
National Pension System
30 Mar 2024
5 Financial Changes Coming In April 2024: Here's All You Need To Know
April 1 marks the beginning of the new financial year. NPS users get an added layer of security features. 2-FA) becomes mandatory for all users logging into the CRA system.
Financial Year 2024-25
24 Mar 2024
6 Key Money-Related Changes Coming In April 2024
The accumulation of reward points on rent payments for select cards will end on April 15, 2024.
NPS
20 Mar 2024
NPS New Log-In Rule: 2FA Coming Into Effect From April 1
To fortify the security of NPS, PFRDA has rolled out a new directive. The new log-in norms will be effective from April 1, 2024. Aadhaar-based authentication will be compulsory from the above-mentioned date.
PFRDA
21 Feb 2024
PFRDA Notifies Simplified Rules For Pension Funds, NPS Trust
Amendments to Pension Fund Regulations simplify the provisions related to governance of Pension Funds in line with Companies Act, 2013 and enhanced disclosure by Pension Funds.
National Pension Scheme
19 Jan 2024
New Rules For NPS Withdrawals Coming Into Effect From Feb 1: What Will Change?
The revised regulations allow partial withdrawals for various reasons. Read on to find out the minute details of the updated rules.
OPS vs NPS
24 Mar 2023
As Demand For Old Pension Grows, Centre To Set Up Panel To Make NPS Attractive
The state governments of Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh have informed the Centre about their decision to revert to the old pension scheme and have requested a refund of the corpus accumulated under the NPS.
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.
New Pension scheme
30 Dec 2022
Chhattisgarh govt asks employees to choose between old and new pension scheme
Chhattisgarh govt asks its employees to choose between old and new pension scheme. All govt employees appointed after July 2022 will fall under old pension scheme automatically. Earlier, Rajasthan govt said to revive old pension scheme in the state.
PFRDA
27 Dec 2022
NPS withdrawal rule changing from 1st Jan 2023: Here is all you want to know
PFRDA has made it mandatory for all the Government sector subscribers (Central/ State Govt & Central/State Autonomous Bodies) to submit their requests through their associated nodal offices.
Central government employees
30 Oct 2022
NPS: Govt makes clarification over entitlement for employee's family, nominees
NPS is a voluntary retirement savings scheme PFRDA is the nodal agency for the implementation and monitoring of NPS. The government issued a clarification with regard to NPS payment to family members in case of the death of a government servant
National Pension Scheme
22 Oct 2022
NPS Rule Change 2022: PFRDA modifies equity exposure for Tier I & Tier II a/c
The 75 per cent maximum on asset class E, however, is reduced by 2.5 per cent annually and transferred to government securities once a subscriber becomes 51.
Atal Pension Yojana
03 Oct 2022
Tax payers can’t join Atal Pension Yojana anymore! Check out other alternative
Meanwhile, for those who cannot join the Atal Pension Yojana (APY) scheme, there are other government schemes that are equally a good choice for building a pension corpus. These two schemes can be your preferred option if you have a long term window and want to build a big investment corpus for your retirement fund.
Atal Pension Yojana
30 Sep 2022
Tax payers can't join Atal Pension Yojana from tomorrow, 1 October 2022
If a subscriber – who is also a tax paying citizen – wishes to join Atal Pension Yojana (APY) scheme, September 30 is the last date to do so.
Atal Pension Yojana
28 Sep 2022
Tax payers alert! Deadline to join Atal Pension Yojana ends in just 2 days
If a subscriber – who is also a tax paying citizen – wishes to join Atal Pension Yojana (APY) scheme, September 30 is the last date to do so.
National Pension Scheme
27 Sep 2022
NPS rules change 2022: Check these new rules before investing
Check these latest rules that have been modified by Pension Fund Regulatory and Development Authority before investing in National pension scheme.
Atal Pension Yojana
26 Sep 2022
Big change in Atal Pension Yojana for taxpayers from October 1
If a subscriber – who is also a tax paying citizen – wishes to join Atal Pension Yojana (APY) scheme, September 30 is the last date to do so. Find out why.
pension
21 Sep 2022
Good news for PENSION subscribers! NPS withdrawal timeline reduced by half
The withdrawal requests of Subscribers at the time of exit were hitherto executed on T+4 working/settlement days (T being the day of authorization of withdrawal request by Nodal office/PoP/Subscriber) and the timeline has been reduced to T+2, said the PFRDA circular.
PFRDA
24 Aug 2022
New PFRDA facility: Get Rs 10K commission on opening NPS account from Sept 1
PoPs are banks, non-banking financial companies and other players which register and service subscribers under the National Pension System (NPS). They are the first point of interaction between the subscriber and NPS.
Atal Pension Yojana
16 Aug 2022
Atal Bihari Vajpayee death anniversary: Here's looking at Atal Pension Scheme
Atal Pension Yojana (APY), the flagship social security scheme of the government was launched on May 9, 2015 by Prime Minister Narendra Modi. APY aims at delivering old age income security particularly to the workers in the unorganised sector.
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