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Date: 2018-05-18 Category: Public Private Partnership in India State: Union Government Country: India

PRAN Generated in Age Buckets As Per NPS Records (In Numbers)

Issued by Pension Fund Regulatory and Development Authority · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This report presents the number of Permanent Retirement Account Numbers (PRANs) generated in different age groups according to National Pension System (NPS) records. The data is broken down by central government, state government, and non-government sectors for each month from September 2017 to March 2018. The data shows the number of PRAN generations during the months indicated. **Key Points / Main Content** * **Data Overview:** * The report provides data on PRAN generation across different age bands (A- <18 Years, B-18-21 Years, C-22-25 Years, D-26-28 Years, E-29-35 Years, F->35 Years). * The data is segmented by sector: Central Government, State Government, and Non-Government. * The time period covered is September 2017 to March 2018. * **NPS Context:** * NPS was launched on January 1, 2004, initially targeting new employees of central and state governments (excluding armed forces). * The NPS manages a corpus of 57.90 lakh people in the State and Central Government. * The analysis considers only Tier I active NPS accounts. * **Data Interpretation:** * Central and State Autonomous Bodies are categorized under Central & State Government. * PRANs generated in respective months are counted irrespective of their current status. * "Non-Govt" refers to corporate sector employees. * Subscriber age is calculated based on the end date of the month in which the PRAN was generated. * The data represents the number of PRAN generations during the specific month. **Impact Analysis** **Central Government, State Government, Corporate sector employees** * **Impact:** * The report provides insights into the number of new subscribers joining NPS from these sectors across different age groups. * **Action Required:** * Stakeholders can use this data to analyze trends in NPS adoption and plan strategies for increasing participation in their respective sectors.

Key Entities Referenced

NPS: National Pension System, aimed at individuals newly employed with central and state government. PRAN: Permanent Retirement Account Number, generated during respective months. Central Govt: Data related to PRAN generated with Central Government employees. State Govt: Data related to PRAN generated with State Government employees. Non-Govt: Data related to PRAN generated with Corporate Sector Employees.
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PRAN GENERATED IN AGE BUCKETS AS PER NPS RECORDS (IN NUMBERS) Age Band Central Govt State Govt Non-Govt Total A- <18 Years - - - - B- 18-21 Years 1 ,252 1,734 84 3 ,070 C- 22-25 Years 4 ,421 8,084 2 ,651 15,156 D- 26-28 Years 2 ,345 7,762 1 ,805 11,912 E- 29-35 Years 2 ,057 15,425 1 ,867 19,349 F - >35 Years 1 ,587 14,863 2 ,727 19,177 Sep-17 Total 11,662 4 7,868 9 ,134 68,664 A- <18 Years - - - - B- 18-21 Years 2 ,077 1,310 1 14 3 ,501 C- 22-25 Years 5 ,894 6,125 2 ,419 14,438 D- 26-28 Years 2 ,456 5,764 1 ,735 9 ,955 E- 29-35 Years 1 ,826 11,215 1 ,603 14,644 F - >35 Years 1 ,662 10,215 2 ,421 14,298 Oct-17 Total 13,915 3 4,629 8 ,292 56,836 A- <18 Years - - - - B- 18-21 Years 1 ,150 1,475 1 06 2 ,731 C- 22-25 Years 4 ,404 6,872 2 ,756 14,032 D- 26-28 Years 2 ,390 7,699 2 ,114 12,203 E- 29-35 Years 2 ,247 15,358 2 ,005 19,610 F - >35 Years 1 ,450 15,426 2 ,829 19,705 Nov-17 Total 11,641 4 6,830 9 ,810 68,281 A- <18 Years - - - - B- 18-21 Years 7 31 1,280 89 2 ,100 C- 22-25 Years 3 ,132 7,962 1 ,501 12,595 D- 26-28 Years 1 ,672 10,920 1 ,122 13,714 E- 29-35 Years 1 ,240 24,733 8 31 26,804 F - >35 Years 1 ,631 19,150 9 51 21,732 Dec-17 Total 8 ,406 6 4,045 4 ,494 76,945 A- <18 Years - - - - B- 18-21 Years 5 86 1,471 63 2 ,120 C- 22-25 Years 3 ,029 8,487 1 ,379 12,895 D- 26-28 Years 1 ,736 9,582 1 ,201 12,519 E- 29-35 Years 1 ,287 18,369 1 ,453 21,109 F - >35 Years 1 ,021 14,404 2 ,276 17,701 Jan-18 Total 7 ,659 5 2,313 6 ,372 66,344 A- <18 Years - - - B- 18-21 Years 3 90 1,635 1 01 2 ,126 C- 22-25 Years 2 ,722 8,436 1 ,628 12,786 D- 26-28 Years 1 ,889 8,376 1 ,188 11,453 E- 29-35 Years 1 ,527 15,196 1 ,398 18,121 F - >35 Years 7 49 12,617 2 ,254 15,620 Feb-18 Total 7 ,277 4 6,260 6 ,569 60,106 A- <18 Years - - - B- 18-21 Years 770 1,797 127 2,694 C- 22-25 Years 3,133 9,069 2,764 14,966 D- 26-28 Years 2,284 8,810 2,402 13,496 E- 29-35 Years 1,958 14,332 3,298 19,588 F - >35 Years 1,037 12,027 4,193 17,257 Mar-18 Total 9182 46035 12784 68001 Notes: 1. NPS was launched on 01 Jan'04 and was aimed at individuals newly employed with central and state government, but excluding ones in the armed forces. 2. NPS currently manages corpus of 57.90 lakh people in State and Central Government. 3. Only Tier I Active NPS accounts are considered for the analysis. 4. Central and State Autonomous Bodies are shown under Central & State Govt. respectively. 5. Sector wise number of Permanent Retirement Account Numbers (PRANs) generated during respective months (irrespective of current status /association) are considered for the analysis. 6. “Non-Govt” refers to “Corporate sector employees” 7. The age of Subscriber is calculated based on end date of the month in which his/her PRAN has been generated. 8. The data represented during different months are the number of PRAN generation during the months. 9. Includes NSDL & KCRA data. 10. Non-Govt PRAN data may not necessarily represent new employment as there may be some persons who were in employment earlier but have opened PRAN now.

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