Guaranteed pension plan in the works, but will come at a cost: PFRDA Chairman
The New Indian Express|June 08, 2023
A guaranteed pension plan is very much in the works, but such a plan will come at a cost, Deepak Mohanty, Chairman of the Pension Fund Regulatory and Development Authority ( PFRDA ) said here on Wednesday.
Guaranteed pension plan in the works, but will come at a cost: PFRDA Chairman

Mohanty indicated that subscribers of such a plan will have to make higher contributions to receive guaranteed pensions.

“We have to balance risk and return. When somebody gives the guarantee, it will have a cost. The pension funds will have to bear that cost,” the chairman told the media.

This story is from the June 08, 2023 edition of The New Indian Express.

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This story is from the June 08, 2023 edition of The New Indian Express.

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