The Pension Fund Regulatory and Development Authority (PFRDA) on October 29, 2025, issued the notification regarding the Inclusion of Platform Service Partner under the National Pension System (NPS) - “NPS eshramik (Platform Service Partner) Model”
The following has been stated namely: -
• The Pension Fund Regulatory and Development Authority (PFRDA) has launched the NPS e-Shramik (Platform Service Partner) Model, extending National Pension System (NPS) coverage to gig and platform workers (e.g., from Zomato, Swiggy, Ola, Uber, Urban Company), in alignment with the Government’s Viksit Bharat @2047 vision for universal pension inclusion.
• Platform Aggregators (digital intermediaries) will collaborate with Points of Presence (PoPs) to onboard Service Partners. Aggregators are not required to register with PFRDA, and all regulatory compliance will rest with the PoPs.
• Onboarding & Contribution Model:
o A two-phase onboarding process is introduced — quick PRAN generation followed by completion of subscriber details within 60 days.
o Contributions may come from aggregator, worker, or both, with no fixed minimum/maximum limit.
o Platform Aggregators will have a Corporate Code for system integration and streamlined enrolment.
• Charges & Incentives:
o PoPs will not charge onboarding fees initially; standard PFRDA-approved fees apply for later contributions.
o PFRDA will offer ₹100 incentive per new active account to PoPs for accounts registered till March 31, 2026, to promote adoption.
• Platform Service Partners can port NPS accounts between different aggregators and schemes. Exit and withdrawal will follow rules under the All Citizen Model as per PFRDA (Exit and Withdrawals) Regulations, 2015.
[Notification No. PFRDA/2025/PDES/02]
