Pension Fund Regulatory and Development Authority
PFRDA launches T+2 settlement for NPS withdrawal
The Pension Fund Regulatory and Development Authority recently reduced the turnaround time of the National Pension Scheme to T+2 years. Earlier, it was T+4 years. What is T+2 or T+4? T is the date, the request was made. T+2 means, ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs - 2024 • Government Schemes Current Affairs
Supratim Bandyopadhyay appointed as Chairman of the PFRDA
Supratim Bandyopadhyay was recently appointed as Chairman of the Pension Fund Regulatory and Development Authority (PFRDA). It is a statutory body which regulates the Pension system in the country. Supratim was serving as a Member (Finance) in PFRDA, prior to ..
Workshop on National Pension System (NPS) for Corporates
On 18 Nov, Pension Fund Regulatory and Development Authority (PFRDA) conducted a workshop on National Pension System (NPS) for Corporates in Mumbai. The workshop was organized in association of Maharashtra FICCI. The workshop revealed that overall number of NPS and ..
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 ..
The conference on implementation of National Pension System (NPS) by Central Autonomous Bodies (CABs) held in New Delhi
The conference on implementation of National Pension System (NPS) by the Central Autonomous Bodies (CABs) was held in New Delhi. It was organized by Pension Fund Regulatory and Development Authority (PFRDA). The prime objective of the conference was to provide ..
Pension regulator PFRDA increases maximum age of joining National Pension Scheme (NPS) Private Sector from 60 to 65
The Pension Fund Regulatory and Development Authority (PFRDA) has increased the maximum age of joining National Pension Scheme (NPS) Private Sector from the 60 to 65 years of age to increase the pension coverage in the country. Now, any Indian ..