Understanding the Pension Fund Regulatory Act 2013: How Does It Affect Your Retirement Plans?

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Please find attached the Pension Fund Regulatory & Development Authority Act 2013 as notified by the Government on 19.9.2013, along with its legislative brief for your information.

Overview of the National Pension System (NPS)

The Act provides for the National Pension System (NPS) to plan for old age security. Employees who joined the Central Government after January 2004 are covered under NPS, whereas those who joined earlier are covered under the General Provident Fund (GPF). It is different from the Employees' Provident Fund (EPF).

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**Location**: Malappuram, India

national pension system, central govt, pension fund, general provident fund, City-India-Malappuram, Country-India
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