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PFRDA has seen remarkable growth in NPS subscribers over years with 74.10 lakh government employees in scheme and 28.37 lakh individuals joining from non-government sector, says finance ministry
The pension assets under management (AUM) achieved a new milestone and crossed the Rs 6 lakh crore mark (Rs 6 trillion) under the National Pension System (NPS) and the Atal Pension Yojana (APY), after a gap of 13 years.
Pension Fund Regulatory and Development Authority (PFRDA) is the statutory authority established by an enactment of Parliament, to regulate, promote and ensure orderly growth of the National Pension System (NPS) and pension schemes.