pensions

PFRDA updates

NPS and pension circulars and master circulars for intermediaries, points of presence, and subscribers.

Earlier this year

PFRDA09 Mar 2026Circular

Reclassification of existing Corporates under NPS into Government Entities and Legal Entities (other than Government)

PFRDA05 Mar 2026Circular

Investment Management Fee (IMF) and Annual Fee for Pension Funds w.e.f. 01 April 2026 (for a period of five years)

PFRDA26 Feb 2026Circular

Notification of effective date of NPS Vatsalya Scheme Guidelines 2025

PFRDA22 Feb 2026Circular

Sharing of Subscriber Information with Pension Funds under NPS Vatsalya Scheme & Asset Allocation Flexibility

PFRDA01 Feb 2026Circular

Registration of all grievances received under the NPS Architecture raised at the level of Points of Presence (POP) in the respective CRA Centralized Grievance Management System (CGMS) portals

PFRDA26 Jan 2026Circular

Introduction of ‘NPS Swasthya Pension Scheme’ as a Proof of Concept under the Regulatory Sandbox Framework

PFRDA22 Jan 2026Circular

Expanded guidelines on reinvestment of returned & pending transaction amounts into the respective PRANs

PFRDA14 Jan 2026Circular

Reporting requirement under Information and Cyber Security Policy Guidelines issued by PFRDA

PFRDA11 Jan 2026Circular

Sharing of Subscriber Information under Multiple Scheme Framework (MSF) with Pension Funds

PFRDA06 Jan 2026Circular

NPS Vatsalya Scheme Guidelines 2025

PFRDA06 Jan 2026Circular

Operational Guidelines on New Enrolment Incentive (NEI) under Multiple Scheme Framework (MSF)

PFRDA01 Jan 2026Circular

OTP based authentication for paperless on-boarding-reg

Older

PFRDA14 Dec 2025Circular

Incentive structure to PoPs for NPS enrollment facilitated through Farmer Producer Organizations (FPOs)

PFRDA09 Dec 2025Master circular

Master Circular on Investment Guidelines for UPS/NPS/APY Schemes- Central/ State Government (default), Corporate CG, NPS Lite, Atal Pension Yojana and APY Fund Scheme

PFRDA updates

Earlier this year

Reclassification of existing Corporates under NPS into Government Entities and Legal Entities (other than Government)

Investment Management Fee (IMF) and Annual Fee for Pension Funds w.e.f. 01 April 2026 (for a period of five years)

Notification of effective date of NPS Vatsalya Scheme Guidelines 2025

Sharing of Subscriber Information with Pension Funds under NPS Vatsalya Scheme & Asset Allocation Flexibility

Registration of all grievances received under the NPS Architecture raised at the level of Points of Presence (POP) in the respective CRA Centralized Grievance Management System (CGMS) portals

Introduction of ‘NPS Swasthya Pension Scheme’ as a Proof of Concept under the Regulatory Sandbox Framework

Expanded guidelines on reinvestment of returned & pending transaction amounts into the respective PRANs

Reporting requirement under Information and Cyber Security Policy Guidelines issued by PFRDA

Sharing of Subscriber Information under Multiple Scheme Framework (MSF) with Pension Funds

NPS Vatsalya Scheme Guidelines 2025

Operational Guidelines on New Enrolment Incentive (NEI) under Multiple Scheme Framework (MSF)

OTP based authentication for paperless on-boarding-reg

Older

Incentive structure to PoPs for NPS enrollment facilitated through Farmer Producer Organizations (FPOs)

Master Circular on Investment Guidelines for UPS/NPS/APY Schemes- Central/ State Government (default), Corporate CG, NPS Lite, Atal Pension Yojana and APY Fund Scheme

Master Circular on Investment Guidelines under NPS in Non-Government Sector

Amendment to Master Circular - Guidelines on Know Your Customer / Anti Money Laundering/Combating the Financing of Terrorism (KYC/AML/CFT) issued on 25.09.2025 with an emphasis on KYC requirements for Non-Resident Indian (NRI) and Overseas Citizen of India (OCI) onboarding to NPS.

Enhancement of Investment Choice Options under NPS & UPS for Central Government Subscribers

Corporate Model NPS: Revision in the provisions for exercising choices of Pension Funds and Investment Choices

Inclusion of Platform Service Partner under the National Pension System (NPS) - “NPS e-shramik (Platform Service Partner) Model”

Guidelines on Subscriber Onboarding in National Pension System (NPS) and Revised Subscriber Registration Form (SRF)

PFRDA updates

Choose an update type

Earlier this year

Reclassification of existing Corporates under NPS into Government Entities and Legal Entities (other than Government)

Investment Management Fee (IMF) and Annual Fee for Pension Funds w.e.f. 01 April 2026 (for a period of five years)

Notification of effective date of NPS Vatsalya Scheme Guidelines 2025

Sharing of Subscriber Information with Pension Funds under NPS Vatsalya Scheme & Asset Allocation Flexibility

Registration of all grievances received under the NPS Architecture raised at the level of Points of Presence (POP) in the respective CRA Centralized Grievance Management System (CGMS) portals

Introduction of ‘NPS Swasthya Pension Scheme’ as a Proof of Concept under the Regulatory Sandbox Framework

Expanded guidelines on reinvestment of returned & pending transaction amounts into the respective PRANs

Reporting requirement under Information and Cyber Security Policy Guidelines issued by PFRDA

Sharing of Subscriber Information under Multiple Scheme Framework (MSF) with Pension Funds

NPS Vatsalya Scheme Guidelines 2025

Operational Guidelines on New Enrolment Incentive (NEI) under Multiple Scheme Framework (MSF)

OTP based authentication for paperless on-boarding-reg

Older

Incentive structure to PoPs for NPS enrollment facilitated through Farmer Producer Organizations (FPOs)

Master Circular on Investment Guidelines for UPS/NPS/APY Schemes- Central/ State Government (default), Corporate CG, NPS Lite, Atal Pension Yojana and APY Fund Scheme

Master Circular on Investment Guidelines under NPS in Non-Government Sector

Amendment to Master Circular - Guidelines on Know Your Customer / Anti Money Laundering/Combating the Financing of Terrorism (KYC/AML/CFT) issued on 25.09.2025 with an emphasis on KYC requirements for Non-Resident Indian (NRI) and Overseas Citizen of India (OCI) onboarding to NPS.

Enhancement of Investment Choice Options under NPS & UPS for Central Government Subscribers

Corporate Model NPS: Revision in the provisions for exercising choices of Pension Funds and Investment Choices

Inclusion of Platform Service Partner under the National Pension System (NPS) - “NPS e-shramik (Platform Service Partner) Model”

Guidelines on Subscriber Onboarding in National Pension System (NPS) and Revised Subscriber Registration Form (SRF)