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    <title>PFRDA takes a new initiative to increase pension coverage by increasing the incentives payable to Points of Presence (POPs), the principal distributive points for NPS</title>
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    <description>The authority increased incentives payable to Points of Presence to expand National Pension System coverage by raising the charge for initial subscriber registration, maintaining charges for subsequent and non financial transactions, adjusting e NPS commission rates for subsequent contributions in retail accounts, and introducing an annual persistency incentive payable to POPs for each account that continues to contribute a minimum amount in a financial year to promote continuous contributions and retention.</description>
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