As of October 9, 2025, the combined Assets under Management (AUM) of the National Pension System (NPS) and Atal Pension Yojana (APY) have crossed ₹16 lakh crore, with a subscriber base surpassing 9 crore. The Pension Fund Regulatory and Development Authority (PFRDA) has introduced key initiatives, including the Multiple Scheme Framework (MSF) effective from October 1, 2025, to strengthen NPS and broaden pension inclusion. The NPS Platform Workers Model will cover gig workers, and a Consultation Paper on NPS Overhaul proposes graded payouts and flexible annuity options. PFRDA's targeted outreach drives aim to expand coverage among farmers, MSME workers, SHG members, and other informal sector participants. The Media & Communication Department of PFRDA can be contacted at E-500, Tower E, 5th Floor, World Trade Centre, Nauroji Nagar, New Delhi - 110 029. The phone number is 011-40717900, and the website is www.pfrda.org.
Key Entities Referenced
PFRDA: Pension Fund Regulatory and Development Authority, the primary body mentioned in the press release.
National Pension System (NPS): A pension system whose growth is highlighted in the press release.
Atal Pension Yojana (APY): A pension scheme whose growth is highlighted in the press release.
Multiple Scheme Framework (MSF): A framework introduced to strengthen NPS.
New Delhi: Location where the press release originated.
Press Release
NPS and APY cross ₹16 lakh crore in Assets under Management and 9 crore
subscribers
New Delhi, 09 October, 2025 — The combined Assets under Management (AUM) of the
National Pension System (NPS) and Atal Pension Yojana (APY) have crossed the ₹16 lakh
crore mark, while the subscriber base has surpassed 9 crore, marking an important milestone
in India’s pension journey
PFRDA has introduced key initiatives to strengthen NPS and broaden pension inclusion,
including the Multiple Scheme Framework (MSF) effective from 1st October 2025 to offer
greater investment choice, the NPS Platform Workers Model to cover gig workers, a
Consultation Paper on NPS Overhaul proposing graded payouts and flexible annuity options
to enhance retirement adequacy, and targeted outreach drives aimed at expanding coverage
among farmers, MSME workers, SHG members, and other informal sector participants,
reflecting PFRDA’s continued focus on inclusion, flexibility, and long-term financial security.
With this achievement, PFRDA remains committed to its vision of ensuring old-age income
security for all Indians.
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Media & Communication Department, PFRDA
ई-500, टावर - ई, 5वा तल, व(cid:227)ड (cid:91) (cid:282)ेड स(cid:581)टर, नौरोजी नगर, नई (cid:465)द(cid:227)ल(cid:547) – 110 029
E-500, Tower E, 5th Floor, World Trade Centre, Nauroji Nagar, New Delhi - 110 029
दरू भाष / PHONE NO: 011-40717900, वेबसाइट / Website – www.pfrda.org