PFRDA Sets Up Panel for NPS Assured Payouts Framework

On 13th January 2026, the Pension Fund Regulatory and Development Authority (PFRDA) constituted a high-level committee tasked with formulating guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS).

Purpose

  • This move aligns with the provisions of the PFRDA Act and aims to enhance the security of retirement income for subscribers.

Terms of Reference

  • Framework Development: Creating regulations for assured payouts, including exploring the pension schemes as highlighted in the PFRDA consultation paper dated September 30, 2025.
  • Seamless Transition: Ensuring a smooth end-to-end transition for subscribers moving from the accumulation phase to the decumulation (payout) ....
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