PFRDA kick-starts pension awareness campaign; observes NPS Diwas on Oct 1
The Pension Fund Regulatory and Development Authority (PFRDA) has kick-started the campaign under 'Azadi Ka Amrit Mahotsav'.
Ahead of NPS Diwas next month, pension regulator PFRDA has kick-started a campaign to create awareness about the need for a pensioned society in the country.
The Pension Fund Regulatory and Development Authority (PFRDA) has kick-started the campaign under 'Azadi Ka Amrit Mahotsav'.
The pension regulator will observe October 1 as the National Pension System Diwas (NPS Diwas) to promote pension and retirement planning for a carefree 'azad' retirement, the PFDRA said in a release on Thursday.
The PFRDA said it aims to encourage every citizen of the country, working professionals as well as self-employed, to plan towards creating a financial cushion to ensure a financially sound future after retirement.
NPS subscribers will enjoy the benefits, power of compounding now and reap many of the benefits after retirement, it said further.
Announcing to observe October 1 as NPS Diwas, PFRDA Chairman Supratim Bandyopadhyay said: "Through this campaign, we want to create awareness about pension planning among the public."
"As a regulatory body, our foremost aim is to cover all eligible citizens under a pension scheme to fulfil the vision of a pensioned society for India, he said.
The regulator is promoting this campaign on its social media platform.
See Zee Business Live TV Streaming Below:
The PFRDA administers two flagship pension schemes: NPS caters to the organised sector employees covering all the central and state government employees, employees of autonomous bodies as well as those working in the corporate sector and individuals.
While the Atal Pension Yojana (APY) is meant for those working in the unorganised sector, which generates the maximum number of employment in the country.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
08:05 PM IST