Jan 31
PFRDA introduces NPS Swasthya Pension Scheme to support outpatient and inpatient medical expenses under NPS through a regulatory sandbox.
PFRDA Launches NPS Swasthya Pension Scheme Pilot
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the NPS Swasthya Pension Scheme as a proof of concept under its Regulatory Sandbox Framework. The pilot aims to integrate health-linked benefits into the National Pension System (NPS), allowing financial support for outpatient and inpatient medical expenses through a contributory pension product. Offered voluntarily, the scheme lets approved pension funds test feasibility with possible fintech or administrator partnerships before wider rollout.