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Welcome to the Pension Fund Regulatory and Development Authority’s (PFRDA) web-site.
PFRDA was established by the Government of India on 23rd August 2003. PFRDA is the prudential regulator for the New Pension Scheme (NPS), which is a defined contribution pension system to be launched after the PFRDA Bill, 2005, is passed by Parliament.
NPS will be available on a voluntary basis to all persons including self employed professionals and others in the unorganised sector. Nineteen State Governments have also issued notifications to opt for the defined contribution pension system for future State Government employees who will join the services of these Governments. For Central Government employees joining service on or after January 1, 2004, the new pension scheme is compulsory.
