The circular introduces the NPS Tier II Default Scheme exclusively for government sector subscribers as part of PFRDA’s commitment to enhancing investment options under the NPS.
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PFRDA CIRCULAR
PFRDA Introduces Simplified Monitoring through CAS Integration
The circular introduces a simplified and secure method for NPS investors to stay informed about their investments through a Consolidated Account Statement (CAS)
Amendment to KYC/AML/CFT Guidelines by PFRDA
The circular pertains to the implementation of Guidelines on Know Your Customer, Anti-Money Laundering (AML), and Combating the Financing of Terrorism (CFT). The guidelines were initially provided in circular no. PFRDA/2023/05/REG on Jan 23, 2023
NPS-Lite-Swavalamban Subscriber’s Guide to Account Maintenance
The NPS-Lite-Swavalamban Scheme, launched in 2010 by the Pension Fund Regulatory and Development Authority (PFRDA), aimed to provide old-age income security to economically disadvantaged individuals
Annuity Service Provider Selection for NPS Subscribers
Clarifying that the selection of Annuity Service Provider (ASP) is an individual choice to be made by subscribers upon exit from the National Pension System (NPS)