PFRDA News

Unified Pension Scheme Last Date: To implement the UPS, the Pension Fund Regulatory and Development Authority (PFRDA) released the necessary regulations on March 19, 2025.  

The Pension Fund Regulatory and Development Authority (PFRDA) has notified its latest rule regarding NPS subscribers who have renounced their Indian citizenship and are without an OCI.

The overarching goal of the PFRDA-Connect project is to significantly enhance the digital presence of PFRDA by overhauling its official website, leading to improved user experience throughout the user journey. 

The Indian government introduced the National Pension System (NPS), a pension cum investment plan to give people security for their old age. The Pension Fund Regulatory and Development Authority (PFRDA) oversees the scheme. After turning sixty years old, the NPS members start receiving their pension. Nevertheless, before turning 60 or upon attaining superannuation, some members desire to withdraw their accumulated wealth in NPS. Let's go into more detail on early pension withdrawal and the requirements. 

April 1 marks the beginning of the new financial year. NPS users get an added layer of security features. 2-FA) becomes mandatory for all users logging into the CRA system.

The accumulation of reward points on rent payments for select cards will end on April 15, 2024.

To fortify the security of NPS, PFRDA has rolled out a new directive. The new log-in norms will be effective from April 1, 2024. Aadhaar-based authentication will be compulsory from the above-mentioned date.

Amendments to Pension Fund Regulations simplify the provisions related to governance of Pension Funds in line with Companies Act, 2013 and enhanced disclosure by Pension Funds.

The revised regulations allow partial withdrawals for various reasons. Read on to find out the minute details of the updated rules.

The state governments of Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh have informed the Centre about their decision to revert to the old pension scheme and have requested a refund of the corpus accumulated under the NPS. 

PFRDA promotes, develops and regulates organised pension funds; namely National Pension System (NPS) to serve the old age income needs of people on a sustainable basis.

Chhattisgarh govt asks its employees to choose between old and new pension scheme. All govt employees appointed after July 2022 will fall under old pension scheme automatically. Earlier, Rajasthan govt said to revive old pension scheme in the state.

PFRDA has made it mandatory for all the Government sector subscribers (Central/ State Govt & Central/State Autonomous Bodies) to submit their requests through their associated nodal offices.

NPS is a voluntary retirement savings scheme PFRDA is the nodal agency for the implementation and monitoring of NPS. The government issued a clarification with regard to NPS payment to family members in case of the death of a government servant

The 75 per cent maximum on asset class E, however, is reduced by 2.5 per cent annually and transferred to government securities once a subscriber becomes 51. 

Meanwhile, for those who cannot join the Atal Pension Yojana (APY) scheme, there are other government schemes that are equally a good choice for building a pension corpus. These two schemes can be your preferred option if you have a long term window and want to build a big investment corpus for your retirement fund.  

If a subscriber – who is also a tax paying citizen – wishes to join Atal Pension Yojana (APY) scheme, September 30 is the last date to do so.

If a subscriber – who is also a tax paying citizen – wishes to join Atal Pension Yojana (APY) scheme, September 30 is the last date to do so.

Check these latest rules that have been modified by Pension Fund Regulatory and Development Authority before investing in National pension scheme.  

If a subscriber – who is also a tax paying citizen – wishes to join Atal Pension Yojana (APY) scheme, September 30 is the last date to do so. Find out why.