The Atal Pension Yojana (APY) was introduced in 2015 to provide a guaranteed pension of up to Rs 5,000 to its subscribers. The scheme offers five fixed pension options: Rs 1,000, Rs 2,000, Rs 3,000, Rs 4,000, and Rs 5,000. Individuals aged between 18 and 40 can enroll in the scheme, ensuring a secure pension … Read more
New Delhi: Subscribers under the two flagship pension schemes administered by PFRDA rose by over 24 per cent from a year ago to 5.32 crore as of May 31, 2022, official data showed on Monday. “The number of subscribers in various schemes under the National Pension System (NPS) rose to 531.73 lakh by the end-May … Read more
Pension sector regulator, Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday said that total pension assets under management increased by 35.76% and touched Rs 5.32 lakh crore in November, 2020 as against Rs 3.92 lakh crore last year. PFRDA manage the National Pension System & Atal Pension Yojana. The pension authority noted that the … Read more