Meet focuses on annuity, housing for pension subscribers

A day-long conference on Friday focused on providing decent living through annuity and housing for the National Pension Subscribers (NPS) in their later years, an official statement said.

"The conference focused on stream of annuities and housing for the NPS pensioners in their golden years after they exit the scheme," it said.

Organised by the Pension Fund Regulatory Development Authority in association with the World Bank, the conference "Adequacy of Pension Wealth: Issues and Perspectives" also explored alternative forms of pension withdrawal and modalities of acquiring houses for NPS subscribers.

V.P. Joy, EPFO Central Provident Fund Commissioner, Vijay Singh, Director, DEA, Mukul G. Asher, Fellow at the Lee Kuan Yew School of Public Policy in the National University of Singapore, Sanjaya Gupta, Managing Director, PNB Housing Finance Company, World Bank officials and experts participated in the discussion.

--IANS

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