Pension Fund Regulatory and Development Authority (PFRDA) releases National Pension System (NPS) data including Atal Pension Yojana (APY) for May 2022

Pension Fund Regulatory and Development Authority (PFRDA)

Atal Pension Yojana (APY)

MUMBAI, 20 JUNE, 2022 (GPN):Pension Fund Regulatory and Development Authority (PFRDA) released as under the National Pension System (NPS) data including Atal Pension Yojana (APY) for May 2022

1.  The number of subscribers in various schemes under the National Pension System (NPS) rose to 531.73 lakh by the end-May 2022 from 428.56 lakh in May 2021 showing a year- on- year (Y-o-Y) increase of 24.07% (Table 1)

Table 1: Number of Subscribers in various schemes under National Pension System and Atal Pension Yojana

(No. in Lakh)

S.N. Sector May-21 April-22 May-22 Growth %YOY
1 Central Government 21.82 22.90 22.97 5.28
2 State Government 52.37 56.09 56.40 7.70
3 Corporate Sector 11.58 14.34 14.69 26.83
4 All Citizen Sector 16.97 23.30 23.61 39.11
5 NPS Lite* 42.99 41.86 41.85 -2.66
6 Atal Pension Yojana 282.83 365.39 372.21 31.60
Grand Total 428.56 523.89 531.73 24.07

*No fresh Registration permitted w.e.f. 01 April 2015

2.    As on 31 May 2022, total pension assets under management stood at Rs. 7,38,314 crore showing a Y-o-Y growth of 21.54% (Table 2).

Table 2: Total Assets under Management under Nation Pension System and Atal Pension Yojana

(Rs. In Crore)

S.N. Sector May-21 April-22 May-22 Growth %YOY
1 Central Government 1,89,699 2,18,646 2,17,627 14.72
2 State Government 3,05,998 3,70,069 3,70,443 21.06
3 Corporate Sector 66,583 91,420 91,669 37.68
4 All Citizen Sector 23,990 32,899 32,859 36.97
5 NPS Lite 4,459 4,646 4,575 2.60
6 Atal Pension Yojana 16,720 21,086 21,142 26.45
Grand Total 6,07,449 7,38,766 7,38,314 21.54

For further information on NPS and APY please visit www.pfrda.org.in

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

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