Atal Pension Yojana crosses 9 crore enrolments, records highest annual subscriber addition

April 22, 2026 5:02 PM

Atal Pension Yojana crosses 9 crore enrolments, records highest annual subscriber addition

The government’s flagship social security initiative, Atal Pension Yojana (APY), has crossed a major milestone, with total gross enrolments surpassing 9 crore subscribers as of April 21, 2026. The scheme also recorded its highest-ever annual addition, with over 1.35 crore new subscribers joining during the financial year 2025-26, reflecting its expanding reach and growing acceptance among citizens, particularly in the unorganised sector. Launched in May 2015, APY is administered by the Pensi...

PFRDA unveils reforms to expand and strengthen National Pension System

January 1, 2026 1:35 PM

PFRDA unveils reforms to expand and strengthen National Pension System

The Pension Fund Regulatory and Development Authority (PFRDA) has approved a series of policy reforms aimed at promoting sustainable growth and strengthening governance in the National Pension System (NPS). The framework, which comes into effect in phases, is designed to enhance competition, safeguard subscriber interests, and expand coverage across corporate, retail, and gig-economy segments. Under the new framework, Scheduled Commercial Banks (SCBs) will be permitted to independently sponsor ...

Government extends NPS tax benefits to new Unified Pension Scheme

July 4, 2025 3:36 PM

Government extends NPS tax benefits to new Unified Pension Scheme

The Finance Ministry on Friday announced that all tax benefits currently available under the National Pension System (NPS) will also be extended to the newly introduced Unified Pension Scheme (UPS). The decision aims to make the Unified Pension Scheme more attractive for central government employees, providing parity between the two pension options. Introduced earlier this year, the UPS is available to new recruits joining the central government civil services from April 1, 2025. Existing gove...