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Pension Fund Regulatory and Development Authority (PFRDA)

Pension fund news: Minimum assured return scheme in works; to be launched soon, says PFRDA Chairman

Pension fund news: Minimum assured return scheme in works; to be launched soon, says PFRDA Chairman

Wed, Jun 07, 2023

Pension Fund Regulatory and Development Authority (PFRDA) chairman Deepak Mohanty on Wednesday said the regulator is working on a pension scheme which could provide minimum assured return and something in this respect would come soon.

Shriram Life empanelled as annuity service provider for PFRDA pension scheme

Shriram Life empanelled as annuity service provider for PFRDA pension scheme

Thu, Nov 17, 2022

The life insurer said its empanelment as an annuity service provider by the pension fund regulator will help garner more NPS subscribers under its annuity plan.

HDFC Life gets PFRDA nod for change in shareholding ahead of merger of parent and HDFC Bank

HDFC Life gets PFRDA nod for change in shareholding ahead of merger of parent and HDFC Bank

Sun, Nov 13, 2022

PFRDA vide its letter dated November 11, 2022 to HDFC Life, has granted its approval for proposed change in shareholding of HDFC Life, sponsor company of HDFC Pension due to proposed amalgamation i.E. Change in promoter from HDFC Limited to HDFC Bank, it said in a regulatory filing.

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HDFC-HDFC Bank merger: NCLT approves shareholders' meet

HDFC-HDFC Bank merger: NCLT approves shareholders' meet

Sat, Oct 15, 2022

HDFC-HDFC Bank merger: The shareholder meeting will be convened on November 25, 2022 for the purpose of considering and approving the Scheme of Amalgamation, HDFC said in a regulatory filing on Friday.

PFRDA's assured return investment plan in final stages; chairperson says launch may take another few months

PFRDA's assured return investment plan in final stages; chairperson says launch may take another few months

Sun, Sep 04, 2022

In a volatile market, giving some kind of guarantee is also challenging but despite that PFRDA aims to offer its subscribers this kind of product, chairperson said.

NPS new rule: Credit card payment discontinued for NPS Tier II accounts by pension regulator - Details

NPS new rule: Credit card payment discontinued for NPS Tier II accounts by pension regulator - Details

Thu, Aug 04, 2022

"The Authority has decided to stop the facility of payment of subscriptions/contributions using credit card as a mode of payment in the Tier-II account of NPS. Accordingly, all PoPs are advised to stop the acceptance of credit card as a mode of payment for the Tier-II account of NPS with immediate effect," the circular said.

Atal Pension Yojana: Under this scheme, you can get Rs 5000 pension every month- Here is how?

Atal Pension Yojana: Under this scheme, you can get Rs 5000 pension every month- Here is how?

Thu, Apr 28, 2022

Atal Pension scheme is administered by the PFRDA through NPS architecture. Here's all you need to know about the Atal Pension Scheme.

Atal Pension Yojana subscribers count cross 4 crore mark by March 2022

Atal Pension Yojana subscribers count cross 4 crore mark by March 2022

Thu, Apr 21, 2022

Total enrolments under the Atal Pension Yojana, which is targeted at workers in the unorganised sector, have crossed the 4 crore mark by the end of 2021-22, the PFRDA said on Thursday.

Subscribers under PFRDA schemes increase 22 percent to 5.07 crore in Feb

Subscribers under PFRDA schemes increase 22 percent to 5.07 crore in Feb

Thu, Mar 10, 2022

The number of subscribers under two flagship pension schemes by PFRDA jumped 22 percent year-on-year to more than 5.07 crore by the end of February.

ESIC scheme adds 15.26 lakh new members in December: NSO reports

ESIC scheme adds 15.26 lakh new members in December: NSO reports

Fri, Feb 25, 2022

The figure is roughly 15.26 lakh, against 10.39 lakh in the previous month.

ESIC Payroll Data October 2021: 12.19 lakh new members added

ESIC Payroll Data October 2021: 12.19 lakh new members added

Fri, Dec 24, 2021

Around 12.19 lakh new members joined the ESIC-run social security scheme in October this year as against 13.57 lakh in the previous month, official data showed on Friday, giving a perspective on formal sector employment in the country.

ESIC scheme adds 13.37 lakh new members in September 2021

ESIC scheme adds 13.37 lakh new members in September 2021

Thu, Nov 25, 2021

The NSO report showed that gross enrolments of new subscribers with ESIC were 1.15 crore in 2020-21 compared to 1.51 crore in 2019-20 and 1.49 crore in 2018-19.

PFRDA pension subscriber base rises 24% to 4.53 cr till August

PFRDA pension subscriber base rises 24% to 4.53 cr till August

Fri, Sep 17, 2021

The Pension Fund Regulatory and Development Authority (PFRDA) on Friday said subscriber base under its flagship pension schemes rose by 24 per cent in August this year to over 4.53 crore.

Pension Alert! After 13 years, PFRDA crosses Rs 6 lakh crore under AUM in the last fiscal

Pension Alert! After 13 years, PFRDA crosses Rs 6 lakh crore under AUM in the last fiscal

Thu, May 27, 2021

Under the National Pension System (NPS) and Atal Pension Yojana (APY), the Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday announced that it has crossed Rs 6 lakh crore (Rs 6 trillion) of Assets Under Management (AUM)). Ministry of Finance said in a statement.

Atal Pension Yojana: BIG SUCCESS! Massive 40 lakh new APY subscribers enrolled - Check what PFRDA said

Atal Pension Yojana: BIG SUCCESS! Massive 40 lakh new APY subscribers enrolled - Check what PFRDA said

Wed, Nov 25, 2020

It's a massive success for Atal Pension Yojana (APY) as more than 40 lakh new subscribers have been enrolled under Atal Pension Yojana (APY), during the financial year 2020-21 (1st April 2020-13th Nov.2020). Moreover, the total enrolments have crossed whopping 2.63 crore.

Conflict of interest: PFRDA to engage consultancy for separating NPS Trust, structuring

Conflict of interest: PFRDA to engage consultancy for separating NPS Trust, structuring

Mon, Oct 05, 2020

The Pension Fund Regulatory and Development Authority (PFRDA) will engage a consultancy that will make suggestions for its organisational structuring as it seeks to segregate the NPS Trust.

National Pension System: Do you know these amazing 7 Income Tax and GST benefits of NPS investment?

National Pension System: Do you know these amazing 7 Income Tax and GST benefits of NPS investment?

Tue, Jun 23, 2020

One of the best investment instruments is the National Pension System (NPS) and taxpayers can end up saving a hefty amount.

Pension and insurance benefits coming soon for the low-income group? Check PFRDA's suggestion to Modi government

Pension and insurance benefits coming soon for the low-income group? Check PFRDA's suggestion to Modi government

Mon, May 18, 2020

Modi government has come up with various schemes for the benefit and financial stability of corporates and people from all walks of life.

NPS, APY alert! National Pension System, Atal Pension Yojana buck downtrend triggered by Covid-19

NPS, APY alert! National Pension System, Atal Pension Yojana buck downtrend triggered by Covid-19

Sun, May 03, 2020

India's National Pension System (NPS) has bucked the downtrend triggered by Covid-19 outbreak and the subsequent nationwide lockdown to contain it.

PFRDA likely to add 10-12 lakh new subscribers by fiscal-end: Chairman

PFRDA likely to add 10-12 lakh new subscribers by fiscal-end: Chairman

Thu, Feb 27, 2020

By March-end, the pension fund regulator, which runs Atal Pension Yojana (APY) and National Pension System (NPS), is expected to have nearly 3.48-3.50 crore subscribers on board.

Atal Pension Yojana subscription crosses 1.24 crore

Atal Pension Yojana subscription crosses 1.24 crore

Sat, Nov 03, 2018

The government-guaranteed pension scheme administered by the Pension Fund Regulatory and Development Authority (PFRDA) allows any Indian citizen between 18 to 40 years to join through the bank or post office branches where one has the savings bank account.

Is your pension safe? PFRDA takes this step to save pensioners' interest from cyber threats

Is your pension safe? PFRDA takes this step to save pensioners' interest from cyber threats

Sun, Aug 19, 2018

PFRDA is a statutory body established by an Act of Parliament to promote old age income security.

Amount transferred from PF to NPS not taxable: FinMin

Amount transferred from PF to NPS not taxable: FinMin

Wed, Mar 08, 2017

The amount transferred from a recognised Provident Fund or superannuation fund to NPS would not be treated as income of the current year and, as such, would not be taxable.

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