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PFRDA to discuss with Centre proposal to hike equity exposure in NPS to 75% for govt employees

PFRDA to discuss with Centre proposal to hike equity exposure in NPS to 75% for govt employees

Zee News
Friday, January 21, 2022 07:59:52 PM UTC

PFRDA has said it will discuss with the Centre a proposal to raise equity exposure in NPS to up to 75 per cent for the willing government employees, as is the case with the private sector employees.

New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) on Friday said it will discuss with the Centre a proposal to raise equity exposure in NPS to up to 75 per cent for the willing government employees, as is the case with the private sector employees.

The equity exposure for the NPS subscribers from other than the government sector was increased to 75 per cent three years ago.

The investment option for government employees was eased after a lot of discussions in 2019 and became effective from April 2019, PFRDA Chairman Supratim Bandyopadhyay said at a webinar organised by Centre for Policy Research.

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