PFRDA to observe NPS Diwas on October 1

PFRDA to observe NPS Diwas on October 1

Mumbai: The Pension Fund Regulatory and Development Authority (PFRDA) has kickstarted a campaign under ‘Azadi Ka Amrit Mahotsav’. The Pension Regulator will be observing 1st October as the National Pension System Diwas (NPS Diwas) to promote pension and retirement planning for a carefree ‘azad’ retirement. PFRDA is promoting this campaign on its social media platforms.

The pension regulator aims to encourage every citizen (working professionals and self-employed professionals) to plan towards creating a financial cushion to ensure for onself a financially sound future after retirement. NPS subscribers will enjoy the benefits, power of compounding now and reap many of the benefits after retirement.

PFRDA Chairperson Shri Supratim Bandyopadhyay said, “We are happy to announce October 1 as NPS Diwas, especially for pension and retirement planning. We are excited to be a part of the Azadi Ka Amrit Mahotsav of the Government. Through this campaign, we want to create awareness about pension planning among the public. As a regulatory body, our foremost aim is to cover all eligible citizens under a pension scheme to fulfil the vision of a pensioned society for India.”