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    <title>PFRDA Releases Consultation Paper on &#039;Enhancing the National Pension System&#039; for Public Feedback</title>
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    <description>PFRDA&#039;s consultation proposes three NPS scheme designs: Pension Scheme 1, a Non Assured Flexible Decumulation mix of Step up SWP and annuity; Pension Scheme 2, an Assured Benefit with a Target Pension indexed to CPI IW for inflation adjustment; and Pension Scheme 3, a Pension Credits model where each credit secures a fixed monthly payout. The paper is published for stakeholder feedback via a provided template to inform scheme design and implementation.</description>
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