How revised NPS rules will benefit subscribers
The National Pension System (NPS) subscribers will now experience significant changes as the Pension Fund Regulatory and Development Authority (PFRDA) introduces a standardized framework to enhance scheme selection. This new framework, outlined in a PFRDA circular dated August 28, 2026, aims to simplify the process of choosing pension funds for subscribers.
The changes include reclassifying NPS schemes into five distinct categories, with lifecycle schemes further divided into four categories, and MSF schemes classified into five risk levels.
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