PFRDA Forms Expert Committee for Guaranteed NPS Pension Payments

• PFRDA has established an expert committee to ensure guaranteed payments under the National Pension System (NPS).
• The committee will develop guidelines and regulations to enhance the security of pension payments for NPS subscribers.
• This initiative aligns with the Viksit Bharat 2047 vision, aiming for financial independence for citizens in their retirement.
• Dr. M.S. Sahoo, former IBBI Chairperson, will chair the 15-member committee of experts.
• The committee will focus on risk management, capital requirements, and tax implications for smooth subscriber transition.

Why It Matters: PFRDA forms an expert committee to guarantee NPS pension payments, ensuring financial security for retirees.