National Pension System: PFRDA clarifies NPS charge structure — what you need to know
· livemint.com
The PFRDA has clarified that NPS Tier-II accounts will incur annual maintenance charges (AMCs) similar to Tier-I accounts. The AMC for dormant accounts will be 10% and PRAN opening charge shall apply only at the time of initial PRAN generation.
On 29 April 2026, the Pension Fund Regulatory and Development Authority (PFRDA) issued a circular to all Central Recordkeeping Agencies (CRAs) and other stakeho...