NPS update 2026: PFRDA splits corporate scheme and revises subscriber charges; what it means for you

The Pension Fund Regulatory and Development Authority (PFRDA) has announced major changes to the National Pension System (NPS). The regulator has reclassified the existing corporate sector model and updated the charge structure for Points of Presence (PoPs). The revised structure came into effect on January 1, 2026, streamlining the way different entities participate in the NPS framework.