PFRDA was established by Government of India on 23rd August, 2003. The Government has, through an executive order dated 10th october 2003, mandated PFRDA to act as a regulator for the pension sector.
The Pension Fund Regulatory and Development Authority (PFRDA) is the regulatory body for the pension sector in India, established to promote old age income security by establishing, developing, and regulating pension funds. PFRDA operates the National Pension System (NPS) and other pension schemes to ensure the systematic growth of the pension sector in India.
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A voluntary, defined contribution pension system in India that aims to provide retirement income to all citizens.
PFRDA regulates the pension sector to protect the interests of subscribers and to ensure the healthy growth of the pension industry.
Provides comprehensive services to NPS subscribers including account management, grievance redressal, and customer support.
Offers educational materials and resources to help individuals understand the importance of pension planning.
A user-friendly online platform for subscribers to access their NPS accounts, make contributions, and view statements.