NPS records 5,67,116 beneficiaries above age of 60 years



Quick Summary
The National Pension System (NPS) now has 567,116 beneficiaries aged 60 and over, according to the Pension Fund Regulatory and Development Authority (PFRDA). This figure includes individuals contributing to NPS after turning 60 and those who have exited the system and are receiving annuity payments. State and Union Territory-wise details are available.

As informed by Pension Fund Regulatory and Development Authority (PFRDA), the number of beneficiaries above the age of 60 years, under the National Pension System (NPS) is 5,67,116. This was stated by the Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Lok Sabha today.

NPS: Over 5.6 Lakh Beneficiaries Over 60 Years Old

This includes beneficiaries who are contributing under NPS after the age of 60 years and those who have exited NPS after the age of 60 years and are receiving annuity. The State/UT-wise details are given at ANNEXURE A, the Minister stated.

FAQ :

There are 567,116 beneficiaries above the age of 60 years under the National Pension System (NPS).

The Pension Fund Regulatory and Development Authority (PFRDA) informed that the number of beneficiaries above the age of 60 years under NPS is 5,67,116.

Yes, this figure includes beneficiaries who are contributing under NPS after the age of 60 years.

Yes, it also includes those who have exited NPS after the age of 60 years and are receiving annuity payments.

State/UT-wise details are provided in ANNEXURE A, as stated by the Minister.




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