Only 76 of over 17,000 companies in North-East opted for NPS so far, says PFRDA official
registered companies in the northeastern region have so far opted to enrol their employees under the National Pension System (NPS), a senior government official said here on Tuesday. He said, however, it was not clear how many of the registered companies were still active or fell in the category under which firms were liable to extend pension benefits to their workers.
Addressing a press conference Guwahati, Pension Fund Regulatory and Development Authority (PFRDA) chairperson Deepak Mohanty said, «A total of 85,000 employees of corporate and private sector firms, including 16,000 in Assam, have enrolled for NPS in the Northeast. The corpus fund under it is Rs 4,300 across the region, of which Rs 1,000 is in Assam.»
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Offering CollegeCourseWebsiteIndian School of BusinessISB Chief Digital OfficerVisitIndian School of BusinessISB Chief Technology OfficerVisitUniversity of Western AustraliaUWA Global MBAVisitWhen asked about the total number of registered companies in the Northeast, Mohanty, citing data from the Ministry of Corporate Affairs, said the region has 17,000 registered companies, of which only 76 firms have opted for NPS.
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«But we don't have the data on how many of these are still active. Then again, some may not fall under the categories which make pension and other benefits mandatory for its employees depending on the size of their workforce and other factors,» he said.
Assuaging apprehensions that pension drawn will be less under NPS compared
