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    In September 2021, the Pension Fund Regulatory and Development Authority (PFRDA)} increased the entry age for the National Pension System (NPS) from__
    Question

    In September 2021, the Pension Fund Regulatory and Development Authority (PFRDA)} increased the entry age for the National Pension System (NPS) from_____________ to __________.

    A.

    60 years; 65 years

    B.

    65 years: 70 years

    C.

    62 years; 65 years

    D.

    62 years: 70 years

    Correct option is B

    Sol. The correct answer is (b) 65 years; 70 years.
     In September 2021, the Pension Fund Regulatory and Development Authority (PFRDA) increased the maximum entry age for the National Pension System (NPS) from 65 years to 70 years.
     This move aimed to extend the pension scheme's benefits to a broader age group, encouraging more individuals to secure their retirement.
     The NPS is a government-sponsored pension scheme launched in January 2004, initially for government employees and later extended to all citizens of India.
     The revised age limit allows individuals between 18 and 70 years to join NPS.
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