← Latest news 
PFRDA clarifies NPS charges as Tier II AMC matches Tier I and dormant accounts face 10 percent
Economy
Published on 30 April 2026
Dormant NPS accounts may quietly cost you 10% AMC
PFRDA has issued fresh clarifications on National Pension System charges that affect how savers pay over time. Annual Maintenance Charges for Tier II accounts will now be aligned with Tier I rates. The regulator also outlines a new treatment for dormant accounts, which will incur a 10% AMC charge, changing cost expectations for inactive subscribers.
- Tier II annual maintenance charges will match Tier I
- Dormant NPS accounts will be charged 10% AMC
- PFRDA issued updated guidance on CRA PRAN and AMC rules
- Atal Pension Yojana updates were also provided
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times