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Subscribers can withdraw after three years from the date of joining the system and a maximum of three times during the entire tenure of subscription under the NPS. (Photo: ANI)

Govt eases norms for partial withdrawal under pension scheme

Subscriber shall be permitted to withdraw accumulations not exceeding 25 pc of contributions made by him or her.

7 March 2018 10:47 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin rules out raising equity investment limit for pension funds

Government employees contribute about 87 per cent of the Rs 2.3 lakh crore ($35 billion) managed by the NPS.

22 May 2018 8:27 AM IST

With a breakdown of joint family support in old age rising life expectancy, negligible lifetime savings, pension exclusion and the elderly face the grim prospect of living in poverty after they are too old to work.

Atal Pension Yojana crosses 1 crore subscribers in 3 years

The scheme has generated around 9.10 per cent compounded annual growth rate (CAGR) since inception till March 2018, it...

15 May 2018 4:26 PM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

Govt mulls raising pension limit to up to Rs 10,000 per month under...

PFRDA added about 50 lakh new subscribers under the scheme in 2017-18.

12 Jun 2018 2:33 PM IST

Representational Image

PFRDA creates separate asset class for investment

Under this asset class the funds can be invested into newly created trusts InvITs and REITs.

21 May 2017 12:44 PM IST

NPS Service fortnight will be organised between June 27 and July 11 at offices of central and state governments.

PFRDA to update contact details of NPS subscribers

NPS is the government's flagship social security scheme.

19 Jun 2017 8:00 PM IST