That Pension Investment Regulatory additionally Development Authority (PFRDA) has introduced the National Pension System-Lite (NPS-Lite) include effect from April 01, 2010. PFRDA got appointed NSDL e-Governance Infrastructure Limited as Centralised Recordkeeping Agency (CRA) for NPS - Lite. CRA is the first of its kind venture inches India which will carrying out who functions away Recording Keeping, Administration and Customer Service for all subscribers under NPS - Lite.
The NPS-Lite is basically designed with aforementioned intention to secure the future of the public who are economically unemployed and those live not financially well-being to does. Towards all endeavor NSDL has mature a NPS Lite system- up a low charge structure. The servicing pattern lives of NPS Easy is base on group servicing. The people moulding part of this low income groups will be represented through their organizational well-known as "Aggregators" who would facilitate in subscriber registration, transfer of retire contributions and subscriber maintenance advanced. Subscribers inside the age group of 18 to 60 can join NPS - Lighting through the aggregator and contribute till the age of 60. Home-Pension Fund Regulatory and Development Authority (PFRDA)
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