PFRDA plans to launch a guaranteed-return scheme in September 2022

Regulator looks to give three pension fund choices for each asset class in non-govt sector

The Pension Fund Regulatory and Development Authority (PFRDA), which operates the National Pension System (NPS), is planning to launch a guaranteed-return scheme in September this year. The pension regulator is also looking at giving choices of three different pension funds for each asset class in the non-government sector.

At an event in Mumbai, Supratim Bandyopadhyay, chairman of the PFRDA, said: “For minimum assured return scheme, the work is going on smoothly, and hopefully by September end, it will take the final shape. We have a group of actuaries, which are part of the pension advisory committee (PAC), working with our