PFRDA sets up committee under M.S. Sahoo for assured payouts under NPS
PFRDA constituted a 15-member high-level committee chaired by former IBBI Chairperson Dr M.S. Sahoo to frame guidelines for assured payouts under the National Pension System, it said on 13 January 2026.
Summary
The Pension Fund Regulatory and Development Authority (PFRDA) has set up a 15-member high-level committee, chaired by Dr M.S. Sahoo, former Chairperson of the Insolvency and Bankruptcy Board of India, to frame guidelines and regulations for assured payouts under the National Pension System (NPS). The panel, a standing advisory committee on structured pension payouts, includes legal, actuarial, finance, insurance, capital markets and academic experts. Its mandate includes regulations for assured payouts, a smooth move from the accumulation to the payout phase, and market-based, legally enforceable guarantees.
Key facts
- Body
- PFRDA standing advisory committee on structured pension payouts
- Chair
- Dr M.S. Sahoo (former Chairperson, IBBI)
- Size
- 15 members
- Mandate
- Framework for assured payouts under NPS; accumulation-to-payout transition; market-based guarantees
- Announced
- 13 January 2026
Practice MCQs 2 questions
Who chairs the PFRDA committee constituted in January 2026 to develop a framework for assured payouts under NPS?
Show answer
Correct answer: A — Dr M.S. Sahoo
PIB (Finance): the committee is chaired by Dr M.S. Sahoo, former Chairperson of the IBBI.
How many members are on the PFRDA committee on assured payouts under NPS, constituted in January 2026?
Show answer
Correct answer: C — 15
PIB (Finance): it is a 15-member panel of experts.