Tag: Pfrda

There are five pension plan slabs available under the scheme namely, Rs 1000, Rs 2000, Rs 3000, Rs 4000, and Rs 5000 guaranteed by Government of India to the subscriber at the age of 60 years.

New Delhi: The upper age limit for joining the National Pension System (NPS) has been raised to 65 years from the current 60, the Pension Fund Regulatory and Development Authority (PFRDA) announced on Monday. PFRDA Chairman Hemant Contractor made the announcement at a conference here on “Transferring Superannuation Funds to National Pension System” and said the […]

New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) on Monday announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60. Chairman PFRDA Hemant Contractor made the announcement here at a conference on “Transferring Superannuation Funds to National Pension System”, saying […]

New Delhi: Pension Fund Regulatory and Development Authority (PFRDA) chairman Hemant Contractor said here on Monday they have requested the government to raise the upper age limit for Atal Pension Yojana (APY) to 50 years from 40 years. “The upper age limit for APY, which is for people in the unorganised sector, is 40 years. […]

New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has submitted a proposal to increase the limit of pension and age which the government is looking into. The proposal, under the Atal Pension Yojana (APY), is being examined by the government, said Union Minister of Finance Corporate Affairs, Nirmala Sitharaman in a written reply […]

New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) plans to engage a strategic management consultant to study and make recommendations for the proposed organisational restructuring and segregation of the NPS Trust. The regulator has sought Expressions of Interest (EoI) from interested consultancy firms for the study. In the Union Budget for 2020-21, the […]