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NPS Reforms Committee – MS Sahoo
January 21 , 2026
10 hrs 0 min
16
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- The Pension Fund Regulatory and Development Authority (PFRDA) has formed a high-level Committee to design a framework for assured payouts under the National Pension System (NPS).
- The committee has 15 members and is chaired by MS Sahoo, former Chairperson of the Insolvency and Bankruptcy Board of India (IBBI).
- Its goal is to create market-based, legally enforceable guidelines for retirement income under NPS.
- NPS is a contributory, market-linked pension scheme launched in 2004, with contributions from employees (10%) and the government (14%).
- NPS Vatsalya Scheme 2025 provides long-term pension savings for minors, with partial withdrawals allowed for education and medical purposes.
- The initiative aims to ensure income certainty after retirement and promote financial security.
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