India, Jan. 13 -- The Government of India has issued a release:
The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee tasked with formulating guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS). This move aligns with the provisions of the PFRDA Act and aims to enhance the security of retirement income for subscribers.
The formation of this committee is a significant step by PFRDA towards the broader vision of a Viksit Bharat 2047, where every citizen achieves true financial independence and dignity in their golden years.
Committee Leadership and Composition
The committee will be chaired by Dr. M. S. Sahoo, Founder of Dr. Sahoo Regulat...