<h1>Regulator proposes three National Pension System schemes to boost predictable post-retirement income; consultation open until Oct 31, 2025</h1> A pension regulator released a consultation paper dated September 30, 2025 proposing three National Pension System schemes to improve post-retirement income predictability: Scheme 1 - non-assured flexible decumulation combining a step-up systematic withdrawal plan and an annuity to maximize pension wealth; Scheme 2 - an assured benefit delivering a target pension with periodic CPI-IW-linked inflation adjustments; Scheme 3 - an assured payout mechanism using tradable 'pension credits' that guarantee fixed monthly benefits within a goal-based framework. Stakeholders are invited to submit feedback using the paper's template by October 31, 2025.