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    <title>Number of Subscribers Registered Under National Pension System (NPS) has more than Doubled Since April 2012 from about 11.5 Lakh to 23 Lakh: Chairman, Pfrda ; Number of States Joining NPS has Increased from 12 to 26 ; Pfrda Working Towards Notification of Various Regulations in Respect of Efficient Management of Funds, Seamless Grievance Handling and Systems for Risk Mitigation and Containment Among Others</title>
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    <description>The PFRDA reports marked expansion of the National Pension System with increased subscriber numbers and state adoption, and, following the PFRDA Act, has statutory authority to develop the pension sector and frame regulations. PFRDA is preparing regulations focused on fund management, grievance handling and risk mitigation, directing State Nodal offices to maintain accurate subscriber records and to synchronise information and funds. The shift to a Defined Contribution model centralises subscriber interest and requires coordinated regulatory oversight, operational innovation and stakeholder feedback to safeguard subscribers through entry, accumulation and exit.</description>
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    <pubDate>Thu, 20 Nov 2014 10:49:10 +0530</pubDate>
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      <description>The PFRDA reports marked expansion of the National Pension System with increased subscriber numbers and state adoption, and, following the PFRDA Act, has statutory authority to develop the pension sector and frame regulations. PFRDA is preparing regulations focused on fund management, grievance handling and risk mitigation, directing State Nodal offices to maintain accurate subscriber records and to synchronise information and funds. The shift to a Defined Contribution model centralises subscriber interest and requires coordinated regulatory oversight, operational innovation and stakeholder feedback to safeguard subscribers through entry, accumulation and exit.</description>
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