Pension Fund Regulatory and Development Authority (PFRDA) is a regulatory body under the aegis of the Union Finance Ministry. It is responsible for the overall supervision and regulation of pension in India. It currently regulates two pension schemes – the National Pension System and Atal Pension Yojana (APY). While the former caters to the organized sector, the latter targets the unorganized workforce.
The PFRDA has recently commenced a campaign under “Azadi Ka Amrit Mahotsav” celebrations to promote pension and retirement planning among Indian citizens. Through this campaign, the pension regulator will seek to increase subscription in pensions schemes.


Leave a Reply