ECONOMY
NPS Annuity Rate Hiked to 9.5% for June Quarter; Pensioners to Benefit
PFRDA
AI Summary
The PFRDA increased the minimum assured annuity rate for NPS subscribers retiring from June 2026 onwards to 9.5%, up from 8.5% in the previous quarter. This revision applies to the select annuity option available under the National Pension System. The rate hike reflects improved yields on government securities and corporate bonds in the current market. Source: PFRDA.
Generated by Straico · Source: PFRDA