The committee is also examining the possibility of selecting three different pension funds for each asset for those in the non-government sector.
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NIntroducing the Pension Fund Regulatory and Development Authority (PFRDA) Guaranteed Return Scheme managed by PS.
The committee is also examining the possibility of selecting three different pension funds for each asset for those in the non-government sector.
PFRDA Chairman Supratim Bandyopadhyay said in Mumbai that the project was being planned with a definite benefit. He added that it could be finalized by the end of September. At the same time, no details have been released on how much revenue can be given.
There are currently opportunities to invest in equities, corporate bonds, government bonds and other assets. The ratio can be fixed or the auto system can be adopted.
From Rs 6.10 lakh crore in June 2021, the total assets of NPS increased to Rs 7.39 lakh crore in June 2022.
Content Highlights: PFRDA plans to launch a guaranteed-return scheme
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