PFRDA Increases Incentives

PFRDA Chairman S Ramann says the regulator aims to extend pension coverage through FPOs, self-help groups and fintech tie-ups, and may allow gold and silver investments

The chairman said the decline seen in e-NPS (voluntary accounts) was responsible for the slow pace of enrolments this year

PFRDA says current amount may not help attract new Atal Pension subscribers

Also, a new incentive towards increasing persistency has been introduced