National Pension Current Affairs, GK & News

PFRDA: Online option to exit from NPS

The Pension Fund Regulator recently announced that the subscribers can use online mode to exit from National Pension System. What is the current process to quit from National Pension System? Under the current process, the National Pension Subscribers have to physically approach their Points of Presence to complete the withdrawal request. They have to submit ..

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Overseas Citizens of India (OCI) can now subscribe to National Pension System

As per the provisions of the PFRDA Act, the Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System (NPS) at par with Non Resident Indians (NRIs). Now, any Indian citizen, resident or non-resident and OCIs are eligible to join NPS till the age of 65 years. The contributions ..

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PFRDA eases registration norms for Fund Managers of NPS

With an objective to give impetus to the National Pension System (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) eased norms for registration of pension fund managers. This move will induce greater competition by removing cap on the number of Pension Fund Managers (PFMs). It has notified a revised set of guidelines for registration ..

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