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Pension Fund Regulatory and Development Authority has amended NPS exit and withdrawal rules to give subscribers greater flexibility, choice and control over their retirement savings. The revised rules primarily target the non-government sector, where NPS participation is voluntary, covering both All Citizen and Corporate subscribers. Non-government subscribers with an NPS corpus of more than Rs…
These changes are part of the PFRDA’s work “to promote old-age income security and protect the interests of subscribers.” The authority wants to make the NPS more inclusive and easier for everyone to use. By making these updates, the PFRDA aims to make the system more responsive to what people need. |Last Updated: Dec 20,…
PFRDA revises NPS exit rules for 2025, allowing flexible withdrawals, loan facility, and clearer nominee recognition. Source link [ad_3]
New Delhi: As the last date for Central government employees to opt for the Unified Pension Scheme (UPS)Â draws near, the Finance Ministry on Tuesday issued a reminder that Eligible Employees and NPS subscribers can submit requests to nodal officers till 30 November 25 through the CRA system or via physical application. The last date…
Last Updated:November 11, 2025, 5:01 PM IST The National Pension System (NPS), which is a voluntary and government-backed retirement savings plan, allows individuals to build a steady corpus for their post-retirement years. NPS gives investors the flexibility to decide where their money is invested — in equity, corporate debt, or government securities — depending on…
Mumbai: Despite muted returns last year, domestic insurance companies and the National Pension System (NPS) invested over Rs 1 lakh crore in Indian equities in 2025 to date, the highest combined annual inflow from these segments, data showed on Tuesday. Insurance firms invested Rs 56,821 crore in equities year to date (YTD), while NPS contributions…
How much money do you really need to be happy? How can you balance your needs and wants? How can you make your money work for you — not just for returns, but to truly create wealth and freedom? These are the questions that often linger in our minds. To decode them, the two leading…
New Delhi: Many Indians dream of retiring with Rs 1 crore in their savings. While that goal might sound big, even a modest investment of Rs 10 lakh can grow into Rs 1 crore — if invested smartly and given enough time. Whether you’re nearing retirement or just starting your planning, understanding how compounding works…
The Pension Fund and Regulatory Authority (PFRDA) has recently released an elaborative consultation paper with a heading “Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes”. PFRDA offers the stakeholders across various sectors to provide opinion on proposed reforms which is focused at powering the National Pension System (NPS). Yesterday, the…
New Delhi: Today, September 30, 2025, is the final day for central government employees to switch from the Unified Pension Scheme (UPS) to the National Pension Scheme (NPS). Eligible employees can make this switch only once, and, as per the Department of Financial Services, they cannot move back to UPS once the change is made….