Welcome to (NPS) National Pension Scheme and (PRAN) Permanent Retirement Account Number:
Credit goes to : NSDL website
Credit goes to : NSDL website
Introduction
The Pension Fund Regulatory and Development Authority (PFRDA)
has introduced the National Pension System-Lite (NPS-Lite) with effect
from April 01, 2010. PFRDA has appointed NSDL e-Governance
Infrastructure Limited as Central Recordkeeping Agency (CRA) for NPS -
Lite. CRA is the first of its kind venture in India which will carry out
the functions of Record Keeping, Administration and Customer Service
for all subscribers under NPS - Lite.
The NPS-Lite is basically designed with the intention to
secure the future of the people who are economically disadvantaged and
who are not financially well to do. Towards this endeavor NSDL has
developed a NPS Lite system on a low charge structure. The servicing
model is of NPS Lite is based on group servicing. The people forming
part of this low income groups will be represented through their
organizations known as "Aggregators" who would facilitate in subscriber
registration, transfer of pension contributions and subscriber
maintenance functions. Subscribers in the age group of 18 to 60 can join
NPS - Lite through the aggregator and contribute till the age of 60.
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