Number of New Private Sector Subscribers under NPS crosses 12 lakhs in FY25

National Pension System: According to the information given by the Government of India, under the National Pension System, the number of private sector subscribers has been recorded more than 12 lakhs during 2024-25. By March 2025, the total number of subscribers has increased to 165 lakhs, which shows a major achievement. According to a statement from the Finance Ministry, more than 1 lakh subscribers have been registered under the ‘NPS Vatsalya’ scheme launched in September 2024. The scheme is specially designed for minors.

NPS, APY AUM 14.43 lakh crores

An asset under management (AUM) for both Atal Pension Yojana (AUM) for both Atal Pension Yojana increased 23 per cent to Rs 14.43 lakh crore by the end of March 2025. PFRDA president Deepak Mohanty said earlier this month that NPS has emerged as the foundation stone of India’s pension area, which has a accumulated fund of Rs 14.4 lakh crore and the total number of subscribers registered under NPS and Atal Pension Yojana (Atal Pension Yojana) is 8.4 crore.

Unified pension scheme applied from 1 April

Mohanty said that the focus of pension system is on increasing coverage, ensuring financial stability and creating pension-expensive society for future generations. He further said that ‘Pension for all’ should become a national priority. It requires policy action to ensure a respectable and safe future for the old population.

Unified Pension Scheme started

The government launched Unified Pension Scheme (UPS) to provide more financial security after retirement to central government employees. This scheme has been brought especially to those who prefer a stable and estimated income rather than a market pension. Employees who have served more than 10 years but less than 25 years, they will get a minimum pension of Rs 10,000 per month.

Last pension will get up to 60%

In the case of the death of the pensioner, his family will get 60 percent of the final pension as a family pension. Currently, central government employees under NPS will have the option to switch to UPS. The scheme has been designed as a hybrid model, including the characteristics of both the old pension scheme (OPS) and NPS.