The Economic Times

NPS Sanchay scheme launched for informal sector employees: Age, eligibility criteria, minimum investment, withdrawal, exit, and other rules explained

PFRDA has launched NPS Sanchay, a simplified National Pension System variant, to serve India's informal sector employees. This scheme aims to reduce investment complexities and asset allocation challenges for nearly 90% of the workforce lacking formal pension coverage. Eligibility extends to Indian citizens aged 18-85, with rules aligning to existing NPS schemes.