New Pension Scheme is now going to be opened for public w.e.f. 01.04.2009. As per PFRDA’s (The Pension Fund Regulatory Development Authority of India) latest announcement, any individual including the Government employees who were not covered by NPS earlier will be able to start a New Pension account and start saving up for a pension.
View the Sponsors and point of presence.
As of now, NPS is awaiting constitutional approval as PFRDA Bill, 2005 is yet to be passed in Parliament. However, Government through its executive orders has made all interim arrangements to set the ball rolling.
Investment regulations for the New Pension System for the informal sector.
