Download the app
App StorePlay Store
Beige
Login
← All tags

pfrda

NPS unveils Retirement Income Schemes and drawdown options for steadier pension cashflow

NPS unveils Retirement Income Schemes and drawdown options for steadier pension cashflow

The PFRDA has introduced Retirement Income Schemes (RIS) and new drawdown options for National Pension System subscribers, aiming for more predictable cashflow and longer corpus life after retirement. RIS is a lifecycle scheme with an annual equity glide path, cutting equity exposure from 35% at 60 to 10% at 75, then holding it till 85. Retirees can opt for periodic withdrawals from the corpus while continuing mandatory annuity payouts, but PFRDA says payouts are not guaranteed and remain market-linked.

Summarised by Beize from a story on The Economic Times on 16 May 2026
NPS annuity surrender rules ease so critical illness and older policies can exit

NPS annuity surrender rules ease so critical illness and older policies can exit

PFRDA has relaxed National Pension System annuity surrender rules. Subscribers who are dealing with critical illness can now request surrender. The regulator also allows exit under certain conditions for older annuity contracts that include an express surrender clause, giving policyholders more flexibility than before and changing how late-stage liquidity works in NPS.

Summarised by Beize from a story on The Economic Times on 14 May 2026

Your news, in seconds

App StorePlay Store
NPS adds rupee bonds from New Development Bank PFRDA opens a new investment route

NPS adds rupee bonds from New Development Bank PFRDA opens a new investment route

The PFRDA has revised NPS investment rules effective May 13, 2026, allowing pension funds to invest in rupee-denominated bonds issued by the New Development Bank. Until now, such foreign-bond options were limited to issuers like IBRD, IFC and ADB. Credit rating and maturity conditions remain largely unchanged, widening choices for both government and private NPS.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Motilal Oswal Asset Management gets PFRDA nod to sponsor NPS pension funds

Motilal Oswal Asset Management gets PFRDA nod to sponsor NPS pension funds

Motilal Oswal Asset Management Company has received PFRDA approval to operate as a Pension Fund Sponsor under the National Pension System. It plans to set up a separate pension fund entity to manage NPS assets and retirement investments, expanding its footprint in India’s long-term retirement and pension management ecosystem.

Summarised by Beize from a story on The Economic Times on 7 May 2026
NPS Sanchay launched for informal workers simplifies pension rules for millions

NPS Sanchay launched for informal workers simplifies pension rules for millions

PFRDA has introduced NPS Sanchay, a simplified NPS option designed for India’s informal sector employees, who make up nearly 90% of the workforce without formal pension coverage. The scheme reduces complexity in investing and asset allocation, and is open to Indian citizens aged 18 to 85, with rules largely aligned to existing NPS structures.

Summarised by Beize from a story on The Economic Times on 6 May 2026
PFRDA clarifies NPS charges as Tier II AMC matches Tier I and dormant accounts face 10 percent

PFRDA clarifies NPS charges as Tier II AMC matches Tier I and dormant accounts face 10 percent

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.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026

Never miss a story

App StorePlay Store
NPS Swasthya lets you build a separate medical fund with pension savings

NPS Swasthya lets you build a separate medical fund with pension savings

PFRDA has launched NPS Swasthya, a pilot scheme designed to help subscribers earmark money for healthcare while still planning for retirement. Users can contribute any amount, withdraw up to 25% specifically for medical needs, and exit fully for critical treatments. The model aims to blend pension discipline with timely access to healthcare funds.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
PPFAS Asset Management approved to sponsor pension fund under NPS by PFRDA

PPFAS Asset Management approved to sponsor pension fund under NPS by PFRDA

PPFAS Asset Management has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to become a sponsor for a pension fund under India’s National Pension System (NPS). The move potentially expands the set of players managing NPS pension funds, strengthening options for subscribers while bringing PPFAS into the regulated pension ecosystem.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play