The Pension Fund Regulatory and Development Authority (PFRDA) on July 14, 2026, notified the Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) (Amendment) Regulations, 2026, to amend the Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) Regulations, 2015.
The following has been stated: -
•The Pension Fund Regulatory and Development Authority (PFRDA) has amended the National Pension System (NPS) Exit and Withdrawal Regulations, 2015 to enable Pension Funds to engage other entities for implementing specific-purpose schemes.
•Pension Funds will remain fully responsible and liable for services provided to subscribers by such entities. The engaged entities must have the technological capability to integrate with Pension Funds and other NPS intermediaries for service delivery.
•Both the Pension Fund and the engaged entities will be subject to PFRDA's guidelines, supervision, and other applicable legal requirements.
These shall come into force on July 20, 2026.
The detailed notification is given in the document below.
[Notification No.: F. No. PFRDA/16/14/06/0009/2018-REG-EXIT]
