Manjeet Singh Patel, president of the All India New Pension Scheme Employees’ Federation (AINPSEF), a central government employee body, has accused the National Pension System (NPS) Trust of serious financial irregularities, financial negligence, extending undue benefits to private entities, and working against the interests of employees. He made the allegations in a letter to Prime Minister Narendra Modi on Wednesday, October 14, 2026.
Patel has sought a high-level Comptroller and Auditor General of India (CAG) audit of NPS Trust and fixing accountability in the conflict of interest case between the NPS Trust and the Pension Fund Regulatory and Development Authority (PFRDA).