.png "PFRDA to introduce multiple scheme framework for NPS from October 1")
- This reform, coinciding with NPS Diwas, is aimed at non‑government sector subscribers such as corporate employees, self‑employed individuals, and gig/platform workers.
- Under MSF, a subscriber can hold multiple schemes under a single PAN/PRAN, offering greater flexibility and diversification.
- The framework also allows higher equity exposure, with options going up to 100% in high‑risk variants.
- Importantly, charges are capped at 0.30% of AUM, ensuring affordability for investors.
- Exit rules remain unchanged, but the move enhances personalization, risk management, and long‑term retirement planning.
Question:
Q.1 The Multiple Scheme Framework (MSF) under the National Pension System (NPS) primarily targets which category of subscribers?a) Non-government sector subscribers
b) State Government employees
c) Central Government employees
d) Pension fund managers
Answer: a ) The Multiple Scheme Framework (MSF) is designed for non-government sector subscribers, which include corporate employees, self-employed individuals, and gig/platform workers.
