Tag: National Pension System

Are women thinking less about retirement savings? New data from the National Pension System (NPS) shows a much lower-than-expected participation among women, raising concerns about the gender gap in retirement planning. In the Corporate NPS category —13,500 corporates now on board with 18 lakh employee enrolments - the number of women subscribers stood at 22 per cent as of end March 2023, the latest data from the Pension Fund Regulatory and Development Authority (PFRDA) showed. In the ‘All Citizens Model”, which is voluntary, the number of women subscribers stood at 26 per...