PFRDA notified regarding the Extension of the Incentive Framework under the National Pension System (NPS) – “NPS e-shramik (Platform Service Partner) Model” for FY 2026-27

Aug 22, 2026 | by TeamLease RegTech Legal Research Team

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Labour ComplianceThe Pension Fund Regulatory and Development Authority (PFRDA) on August 18, 2026, notified regarding the Extension of the Incentive Framework under the National Pension System (NPS) – “NPS e-shramik (Platform Service Partner) Model” for FY 2026-27.

It has extended the ₹100 per new account onboarding incentive payable to Points of Presence (PoPs) under the NPS e-Shramik (Platform Service Partner) Model for FY 2026-27, with the benefit applicable to enrolments made up to March 31, 2027. The incentive was originally introduced under PFRDA Circular No. PFRDA/2025/19/PDES/02, dated October 29, 2025, to encourage PoPs to develop systems, create awareness and educate Platform Service Partners regarding NPS, and was initially applicable to Platform Service Partners registered up to March 31, 2026. 

The extension is intended to further promote old-age income security and social security coverage for gig and platform economy workers through digital onboarding and ecosystem-based participation. All other terms, conditions and stipulations contained in the earlier circular will remain unchanged and continue to apply. 

[Notification no. - PFRDA/2026/43/P&DCORP/02]


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