
The National Pension System (NPS) is a popular retirement scheme in India. PFRDA introduced NPS Sanchay for informal sector workers, differing from regular NPS in eligibility and structure.
PFRDA has launched NPS Sanchay, a simplified National Pension System variant, to serve India's informal sector employees. This scheme aims to reduce investment complexities and asset allocation challenges for nearly 90% of the workforce lacking formal pension…