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The Economic Times
The Economic Times
Sneha Kulkarni

NPS Sanchay scheme launched for informal sector employees: Age, eligibility criteria, minimum investment, withdrawal, exit, and other rules explained

NPS PFRDA India

In order to support India’s informal sector employees who account for almost 90% of the total workforce, the Pension Fund Regulatory and Development Authority (PFRDA) has launched the NPS Sanchay.

NPS Sanchay, a simplified variant of National Pension System (NPS), falls under the All Citizen Model and MSF Framework. It aims to simplify the process of choosing investment options and figuring out asset allocation for the informal sector employees.

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