PFRDA Forms High-Level Committee to Guarantee NPS Pension, Boost Retirement Security

• PFRDA has formed a high-level committee to introduce guaranteed pensions in NPS, similar to OPS.
• The initiative aims to ensure and secure post-retirement income for NPS subscribers, aligning with the Pension Regulatory Act.
• The 15-member committee, chaired by Dr. M.S. Sahoo, includes experts from law, finance, capital markets, and academia.
• Its functions include developing regulations, exploring market-based guarantees, and ensuring subscriber protection.
• NPS, introduced in 2004, has 2.12 crore accounts and manages approximately 16.08 lakh crore rupees as of December 28, 2025.

Why It Matters: PFRDA is working to provide guaranteed pensions in NPS, enhancing financial security for retirees.