National
Pension System (NPS) had 11,459,555 subscribers with a total corpus of Rs. 90,
327 crore as on 23rd January, 2016. The total Assets under Management are worth
Rs. 109,140 crore while Assets under Management per subscriber is Rs. 95,000 on
an average.
The
number of NPS Subscribers of the Central Government are 1611,020 with a total
corpus of Rs. 34,754 crore while subscribers from the different State
Governments are 2,859,094 with a total corpus of Rs. 45,486 crore. The number
of NPS subscribers in the Corporate Sector are 448,509 while in Unorganized
Sector is 128,484, the total being 576,993. The number of subscribers under NPS
Lite include 4,463,637 and under Atal Pension Yojana (APY) 1,948,811, with a
total number of subscribers 6,412,448 in these two categories.
NPS
subscribers of Central Government are 14.1% of the total subscribers while that
of the State Governments are 24.9%. The NPS subscribers under NPS Lite
constitute 39% while under APY 17% of the total subscribers.
Since
PFRDA has completed two years of its statutory status on 1st February, 2016, to
mark this occasion, PFRDA in collaboration with all its intermediaries in the
National Pension System including Central and State Governments’ Nodal Offices,
POPs, Aggregators, Central Recordkeeping Agency and NPS Trust etc. is observing
NPS Service Week from 1st to 6th February, 2016. This week-long campaign is
being dedicated to service-orientation towards the subscribers and aimed at
awareness building and improved information dissemination. During this Service
Week, besides sharing of information on the range of functionalities and
services now available under the NPS, the subscriber community will be apprised
about the need for constant updation of data/information to enable the system
to operate at its optimum service level, so that the intended benefits can
reach all the employees/subscribers under NPS. Besides, the subscribers will
also be able to make best use of all the opportunities and facilities.
The
Pension Fund Regulatory and Development Authority (PFRDA) is organizing the 2nd
Pension Conclave in national Capital on 4th February 2016 with the theme,
“Towards Universal Pension: Coverage, Adequacy and Sustainability” in which all
the stake holders are expected to participate and share their experiences.
PFRDA proposes to use this occasion to acknowledge/award the best performing
banks and Post Offices in mobilization and registration of subscribers under
the Atal Pension Yojana (APY) up to 31st December 2015, and institute awards
for best performing POPs under the Voluntary segment of the National Pension
System.
Earlier,
PFRDA launched NPS Awareness Programme for State autonomous bodies, Unorganized
Sector, Corporate Sector and other categories in order to highlight the
benefits of joining NPS and has requested the various State Governments to
implement NPS more inclusively among the State Autonomous Bodies, Boards,
Corporations, Societies, Universities and State aided institutions under
various State Government departments. During the awareness programme, key
features and benefits of NPS, details and process of joining NPS, details about
NPS architecture investment and exit guidelines of NPS are highlighted.
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