NPS and APY cross Rs 16 lakh crore in AUMs; subscriber base tops 9 crore
AUM of NPS and APY exceeded Rs 16 lakh crore with the subscriber base surpassing the 9 crore mark, bolstered by PFRDA's new steps like the Multiple Scheme Framework and coverage for gig workers.
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12:01 PM IST
The combined Assets under Management (AUM) of the National Pension System (NPS) and Atal Pension Yojana (APY) have crossed the Rs 16 lakh crore mark, while the subscriber base has surpassed 9 crore, marking an important milestone in the country's pension journey.
PFRDA has introduced key initiatives to strengthen NPS and broaden pension inclusion, including the Multiple Scheme Framework (MSF) effective from October 1, 2025, to offer greater investment choice, the NPS Platform Workers Model to cover gig workers, a Consultation Paper on NPS Overhaul proposing graded payouts and flexible annuity options to enhance retirement adequacy, and targeted outreach drives aimed at expanding coverage among farmers, MSME workers, SHG members, and other informal sector participants, reflecting PFRDA’s continued focus on inclusion, flexibility, and long-term financial security.
With this achievement, PFRDA remains committed to its vision of ensuring old-age income security for all Indians.
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