PFRDA circulars 2023

Operational Guidelines for Points of Presence under Atal Pension Yojana

The Pension Fund Regulatory and Development Authority (PFRDA) has issued comprehensive operational guidelines for Points of Presence (PoP-APY) registered under the PFRDA (Points…

Convenience of NPS Contribution through Personalized QR Code of D-Remit

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a QR code-based contribution facility for National Pension System (NPS) subscribers.

Policy on adoption of cloud services by intermediaries regulated by PFRDA

Financial Information User under Account Aggregator Framework

The Pension Fund Regulatory and Development Authority (PFRDA) has clarified the eligibility criteria for entities acting as Financial Information Users (FIUs) under the Account…

Selection of Multiple Pension Funds for NPS Subscribers

The Pension Fund Regulatory and Development Authority has introduced an option for subscribers under the NPS All Citizen Model (Tier-I), NPS Corporate Model (Tier-I), and all NPS…

Valuation Guidelines for Securities Held Under NPS

The Pension Fund Regulatory and Development Authority (PFRDA) has issued an addendum to its 2019 valuation guidelines for non-government debt securities held under the National…

Facility of Systematic Lump sum Withdrawal for NPS Subscribers

The Pension Fund Regulatory and Development Authority has introduced the Systematic Lump Sum Withdrawal (SLW) facility for National Pension System (NPS) subscribers.

Mandatory Penny Drop Verification for NPS Exit, Withdrawal, and Bank Account Modification

The Pension Fund Regulatory and Development Authority (PFRDA) has mandated successful penny drop verification, including name matching, for all National Pension System (NPS), Atal…

NPS Tier II Default Scheme for Government Sector Subscribers

The Pension Fund Regulatory and Development Authority has introduced a Default Investment Scheme for Tier II accounts specifically for Government Sector Subscribers.

Inclusion of NPS Investments in Consolidated Account Statement

The Pension Fund Regulatory and Development Authority (PFRDA) has integrated the National Pension System (NPS) Statement of Transaction (SoT) with the Consolidated Account…

Selection of Annuity Service Provider and Prohibition of Additional Charges

This circular clarifies that National Pension System (NPS) subscribers have the individual right to select their preferred Annuity Service Provider (ASP) and annuity scheme upon…

e-KYC Setu Identity Verification

The Pension Fund Regulatory and Development Authority (PFRDA) has issued a circular regarding the use of the e-KYC Setu system for identity verification under the Prevention of…

Guidelines for Operational Activities for Points of Presence (NPS-Lite)

The Pension Fund Regulatory and Development Authority (PFRDA) has updated the operational guidelines for Points of Presence (PoP-NPS-Lite).

Guidelines for Operational Activities - to be followed by Point of Presence (PoPs) performing activities of National Pension System (NPS)

Accessing NPS Statement of Transactions through DigiLocker

The Pension Fund Regulatory and Development Authority (PFRDA) has enabled National Pension System (NPS) subscribers to access and download their Tier I and Tier II account…

Audit Guidelines for Points of Presence under Atal Pension Yojana

Points of Presence performing activities of Atal Pension Yojana must ensure that their annual accounts and processes are audited every year by an independent external chartered…

Audit of Points of Presence Performing Activities of NPS-Lite

Points of Presence (PoPs) performing NPS-Lite activities must undergo an annual audit by an independent external chartered accountant or audit firm.

Audit of Points of Presence Performing National Pension System Activities

Points of Presence (PoPs) registered under PFRDA regulations must conduct an annual audit of their NPS-related accounts and processes.

Retirement Income Optimization through Multiple Annuities

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the option for National Pension System (NPS) subscribers to purchase multiple annuity schemes from a…

Addendum to Advisory on "Digital Safety Practices to be followed by Govt Nodal offices to access technological platform / system provided by CRA" under NPS architecture