Prime Minister Narendra Modi Tuesday launched a national pension scheme — Prime Minister Shram Yogi Maandhan Yojana (PM-SYM) — for the workers and labourers of unorganised sector, The scheme was announced in the interim budget in February this year. The launch comes days ahead of the Election Commission of India (EC) announcing the Lok Sabha

Pension Fund Regulatory and Development Authority (PFRDA) has undertaken various measures to make NPS more subscriber-friendly, ever since its rollout in 2008-09. The National Pension System (NPS) is considered to be one of the best investment tools for retirement planning in India. The Pension Fund Regulatory and Development Authority (PFRDA)

PFRDA is working on a process of designing and developing minimum assured return scheme (MARS) for NPS subscribers Pension fund regulator PFRDA is working on a minimum assured return scheme (MARS) for subscribers of the flagship social security programme — National Pension System. NPS is a contributory retirement savings scheme and seeks to