by AIP Online Bureau | Sep 10, 2026 | Indian News, Pension & Social Security
Sivasubramanian Ramann, Chairman,PFRDA NPS Swasthya is a health-focused pension product under the National Pension System that allows subscribers to set aside part of their retirement corpus for medical expenses. PFRDA introduced it initially as a proof of concept...
by AIP Online Bureau | Jul 21, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation
“Earlier, registration of Pension Funds was undertaken through applications invited during specified registration windows. Pursuant to the decision of the Authority, the registration process is now being opened on a continuous ‘on-tap’ basis and...
by AIP Online Bureau | Feb 14, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Sivasubramanian Ramann,chairman,Pension Fund Regulatory and Development Authority(PFRDA), said it has allowed banks to sponsor pension funds under the NPS, that will create a level playing field for all sponsors, including asset management companies...
by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Wealth Management/ Philanthropy
Under the revised framework for corpus exceeding Rs 12 lakh, the new rule is shifted to 80:20, allowing non-government subscribers to take up to 80 per cent as a lump sum while requiring only 20 per cent of the pension wealth to be used for purchasing an annuity,...
by AIP Online Bureau | Oct 2, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Wealth Management/ Philanthropy
The new framework gives pension funds the freedom to create their own schemes, thereby offering more flexibility and options for subscribers New Delhi: India’s National Pension System (NPS) has emerged as a high-performing and cost-effective retirement planning...