close

News WrapGet Handpicked Stories from our editors directly to your mailbox

PFRDA

Government considering hike in pension age limit under Atal Pension Yojana

Atal Pension Yojana is administered by PFRDA through NPS architecture and minimum age of joining APY is 18 years while maximum age is 40 years.

Jun 26, 2019, 14:01 PM IST

PFRDA conducts valuation to weigh up doubling of pension limit to 10K

A proposal was made in the past to raise the pension under APY to double the limit from the existing slab of up to Rs 5,000.

Nov 20, 2018, 10:38 AM IST

Pension fund managers may get marketing rights

There are eight private sector pension fund managers at present and PFRDA said it will soon invite RFPs (requests for proposal) to allow more players in.

Sep 12, 2018, 12:04 PM IST

PFRDA Invites expression of interest for actuarial valuation of Atal Pension Yojana

The Expression of Interest document is available on PFRDA's website.

Jul 18, 2018, 16:03 PM IST

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

Currently, the age of entering APY is from 18-40 years but an increase in the same by another 10 years- from 18-50 years - will help in expanding the subscriber base, he added. The subscriber base of APY is 1.02 crore.

Jun 13, 2018, 11:27 AM IST

Atal Pension Yojana crosses 1crore subscribers in 3 years

Atal Pension Yojana (APY) was launched in May 2015.

May 15, 2018, 17:15 PM IST

EPFO, ESIC and PFRDA to release monthly payroll data in bid to boost formal sector

The data set release was for the period from September 2017 to February 2018.

Apr 26, 2018, 23:30 PM IST

PFRDA makes bank a/c, mobile number mandatory for NPS subscribers

The requirements have been made mandatory in the new common subscriber registration form (CSRF) that are required to be filled in by the new subscribers.

Apr 20, 2018, 18:10 PM IST

NPS subscribers can now partially withdraw contribution

NPS is government's flagship social security programme. Any Indian citizen, resident or non-resident, between the age of 60- 65 years, can join NPS and continue up to the age of 70 years in NPS.

Jan 18, 2018, 17:33 PM IST

NPS subscribers can now partially withdraw contribution: Here are the conditions

Any Indian citizen between the age of 60- 65 years, can join NPS and continue up to the age of 70 years in NPS.

Jan 18, 2018, 14:18 PM IST

Now, Aadhaar details mandatory for subscribing Atal Pension Yojana

The Aadhaar mandatory linking of Aadhaar Atal Pension Yojana will be applicable with effect from January 1, 2018.

Dec 28, 2017, 11:08 AM IST

Government increases age to join National Pension Scheme to 65 years

Now, any Indian citizen, resident or non-resident, between the age of 60- 65 years, can also join NPS and continue up to the age of 70 years in NPS. 

Nov 01, 2017, 18:02 PM IST

PFRDA announces range of incentives to expand pension coverage

Besides the initiatives taken -- introducing e-NPS, reducing minimum contribution levels, new investment instruments and aggressive life cycle funds, the PFRDA has now taken a further step in this direction by increasing the incentives payable to POPs, an official release from the Ministry of Finance noted.

Oct 28, 2017, 12:13 PM IST

APY subscribers to touch 1 crore by March 2018: Finance Minister

Pitching for increasing the pace of Aadhaar seeding, Kumar said, efforts have to be made to push this beyond the current level of 40 per cent.

Oct 13, 2017, 16:25 PM IST

National Pension Scheme: Age limit raised to 65 years

PFRDA has announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60.

Sep 11, 2017, 13:49 PM IST

Age limit to join NPS raised to 65 years: Regulator

Explaining that the rationale behind government reforms in pensions is to facilitate "portability", or the transfer of superannuation funds by making the NPS more attractive and customer-friendly.

Sep 11, 2017, 13:46 PM IST

PFRDA to update contact details of NPS subscribers

Pension fund regulator PFRDA will update latest contact details of National Pension System (NPS) subscribers to reduce grievances during its service fortnight starting June 27.

Jun 19, 2017, 22:01 PM IST

Aadhaar must to avail govt co-contribution under Atal Pension Yojna

The finance ministry on Monday said subscribers of the Atal Pension Yojna (APY) will have to link their Aadhaar to their accounts for availing up to Rs 1,000 government's co-contribution.

Jun 12, 2017, 20:20 PM IST

'India ageing gradually; every 5th person to be 60+ by 2050'

By 2050 every 5th Indian will be in 60s as against every 12th at present. It means India will transform gradually from young to a 'greying' country.

May 15, 2017, 23:02 PM IST

PFRDA eases process of 'retirement advisers' registration process

The government on Tuesday announced it was easing the process of registration of "retirement advisers", with the Pension Fund Regulatory and Development Authority (PFRDA).

Apr 25, 2017, 23:42 PM IST