Categories: National

PFRDA to observe NPS Diwas on October 01, 2021

Pension Fund Regulatory and Development Authority (PFRDA) will observe October 01, 2021 as the National Pension System Diwas (NPS Diwas). This campaign has been started by PFRDA under the ‘Azadi Ka Amrit Mahotsav’ to promote pension and retirement planning for a carefree ‘azad’ retirement. PFRDA is promoting this campaign on its social media platforms with #npsdiwas.

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The pension regulator aims to encourage every citizen (working professionals and self-employed professionals) to plan towards creating a financial cushion to ensure for onself a financially sound future after retirement. NPS subscribers will enjoy the benefits, power of compounding now and reap many of the benefits after retirement.

About PFRDA

  • Pension Fund Regulatory and Development Authority is the regulatory body under the jurisdiction of the Ministry of Finance, Government of India for overall supervision and regulation of pension in India.
  • The Pension Fund Regulatory & Development Authority Act was passed on 19 September 2013 and the same was notified on 1 February 2014.
  • PFRDA is regulating NPS, subscribed by employees of Govt. of India, State Governments and by employees of private institutions/organizations & unorganized sectors. The PFRDA is ensuring the orderly growth and development of the pension market.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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