PensionFund Regulatory and Development Authority PFRDA

The Pension Fund Regulatory and Development Authority (PFRDA) is a regulatory body that oversees and regulates pensions in India.
It was established in 2003 and operates under the Ministry of Finance.
In 2003, the PFRDA launched the National Pension Scheme (NPS), which was extended to all citizens in 2009.

The PFRDA regulates the NPS ecosystem, which is subscribed to by employees of the Government of India, State Governments, and private institutions.

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