# Corporate NPS can boost retirement corpus, says PFRDA official

2026-08-09T14:30:25+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

PFRDA whole-time member Randip Singh Jagpal says Corporate NPS can provide an additional pension layer alongside EPF, not replace it. Speaking at an Outlook Money event, Jagpal stressed that with frequent job changes and longer retirements, companies must help employees build adequate savings. He outlined steps for employers: review benefits, offer NPS, explain it simply, and use digital platforms for easy access. PFRDA has approved four new pension funds, taking the total to 14, as it targets 35-40 crore non-government NPS subscribers in five years from the current 90 lakh. Chairman Sivasubramanian Ramann said digital onboarding and wider use of mutual fund distributors and agents can add 2-3 crore subscribers annually. He noted the NPS conservative scheme has delivered annualised returns of 9.2-9.3% over 15 years.

## Coverage

- livemint.com <https://www.livemint.com/money/personal-finance/corporate-nps-can-provide-the-additional-pension-layer-says-pfrdas-jagpal-what-you-need-to-know-about-this-scheme-11786266519417.html>
- livemint.com <https://www.livemint.com/money/personal-finance/pfrda-targets-35-40-crore-nps-subscribers-in-5-years-from-90-lakh-plans-digital-push-to-expand-pension-coverage-11786268061661.html>

Tags: Corporate NPS, EPF, NPS, pension, PFRDA, retirement planning
Canonical: https://indianopinion.org/pfrdas-jagpal-corporate-nps-can-provide-extra-pension-layer/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/pfrdas-jagpal-corporate-nps-can-provide-extra-pension-layer/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.