Pension Fund Regulator Pfrda

Pension fund regulator PFRDA is planning to introduce a systematic withdrawal plan to give flexibility to pension account holders to withdraw a lump sum fund as per their choice on completion of 60 years.

India's pension fund regulator has recommended a move to bring about 90% of the overall workforce into the pension fold, its chairman told Reuters.

NPS allows premature withdrawal from an account under certain conditions, according to pension regulator PFRDA's website - pfrda.org.in. NPS enables the subscriber to set his or her own choice for fund allocation to different asset classes, such as government securities, equity market instruments, corporate debt and alternative investment funds.

National Pension System (NPS) is administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA).

Regulator PFRDA or Pension Fund Regulatory and Development Authority, which administers the Atal pension scheme, allows persons between 18 and 40 years of age to invest their money in the plan to earn a fixed income after attaining the age of 60 years, according to its website - pfrda.org.in. The contribution required to earn a fixed pension of Rs ...

The Atal pension scheme - or Atal Pension Yojana - allows persons between 18 and 40 years of age to invest for up to 20 years to earn a fixed monthly pension of Rs 1,000-Rs 5,000 after attaining retirement at the age of 60 years, according to pension regulator PFRDA or Pension Fund Regulatory and Development Authority.

Pension scheme APY (Atal Pension Yojana) is a pension scheme administered by pension fund regulator PFRDA that accepts applications from investors between 18 and 40 years of age. The Atal pension scheme offers a fixed pension ranging from Rs 1,000 per month to Rs 5,000 per month after the investor attains the age of 60 years. Subscribing to the Ata...

NPS Service fortnight will be organised between June 27 and July 11 at offices of central and state governments to build awareness among subscribers and disseminate information regarding NPS and its benefits.

The Pension Fund Regulatory and Development Authority (PRFDA) chairman said India right now is well poised to increase its coverage of pension schemes.

The regulator has sent a proposal to government seeking to allow government subscribers (state and Central government employees) invest up to 50 per cent in equities under the NPS.

As per the rules, a member looking to transfer funds from Employees' Provident Fund or EPF to NPS must have an active NPS Tier-I account, which can be opened either through the employer where NPS is implemented or online through eNPS on the NPS Trust website.

The AUM of NPS crossed Rs 1.61 trillion-mark with a subscriber base of 1.41 crore as on December 31, he said.

Currently, the regulator does not have any pension scheme. However, Sebi offers the facility of provident fund to its employees.

The Pension Fund Regulatory and Development Authority (PFRDA), which regulates National Pension System (NPS), has asked the government to include this tax parity in the forthcoming Budget.

With creation of a separate class, private sector subscribers can now invest up to 5 per cent of funds in commercial mortgage-based securities or residential mortgaged based securities and units issued by REITs, and asset-backed securities regulated by Sebi.

Pension fund regulator PFRDA is planning to introduce a systematic withdrawal plan to give flexibility to pension account holders to withdraw a lump sum fund as per their choice on completion of 60 years.

India's pension fund regulator has recommended a move to bring about 90% of the overall workforce into the pension fold, its chairman told Reuters.

NPS allows premature withdrawal from an account under certain conditions, according to pension regulator PFRDA's website - pfrda.org.in. NPS enables the subscriber to set his or her own choice for fund allocation to different asset classes, such as government securities, equity market instruments, corporate debt and alternative investment funds.

National Pension System (NPS) is administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA).

Regulator PFRDA or Pension Fund Regulatory and Development Authority, which administers the Atal pension scheme, allows persons between 18 and 40 years of age to invest their money in the plan to earn a fixed income after attaining the age of 60 years, according to its website - pfrda.org.in. The contribution required to earn a fixed pension of Rs ...

The Atal pension scheme - or Atal Pension Yojana - allows persons between 18 and 40 years of age to invest for up to 20 years to earn a fixed monthly pension of Rs 1,000-Rs 5,000 after attaining retirement at the age of 60 years, according to pension regulator PFRDA or Pension Fund Regulatory and Development Authority.

Pension scheme APY (Atal Pension Yojana) is a pension scheme administered by pension fund regulator PFRDA that accepts applications from investors between 18 and 40 years of age. The Atal pension scheme offers a fixed pension ranging from Rs 1,000 per month to Rs 5,000 per month after the investor attains the age of 60 years. Subscribing to the Ata...

NPS Service fortnight will be organised between June 27 and July 11 at offices of central and state governments to build awareness among subscribers and disseminate information regarding NPS and its benefits.

The Pension Fund Regulatory and Development Authority (PRFDA) chairman said India right now is well poised to increase its coverage of pension schemes.

The regulator has sent a proposal to government seeking to allow government subscribers (state and Central government employees) invest up to 50 per cent in equities under the NPS.

As per the rules, a member looking to transfer funds from Employees' Provident Fund or EPF to NPS must have an active NPS Tier-I account, which can be opened either through the employer where NPS is implemented or online through eNPS on the NPS Trust website.

The AUM of NPS crossed Rs 1.61 trillion-mark with a subscriber base of 1.41 crore as on December 31, he said.

Currently, the regulator does not have any pension scheme. However, Sebi offers the facility of provident fund to its employees.

The Pension Fund Regulatory and Development Authority (PFRDA), which regulates National Pension System (NPS), has asked the government to include this tax parity in the forthcoming Budget.

With creation of a separate class, private sector subscribers can now invest up to 5 per cent of funds in commercial mortgage-based securities or residential mortgaged based securities and units issued by REITs, and asset-backed securities regulated by Sebi.