New Pension Scheme.

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Home > New Pension Scheme > NPS Trustee Directors

The Pension Fund Regulatory and Development Authority (PFRDA) has established the NPS Trust under Indian Trust Act, 1882 and appointed NPS Board of Trustees in whom the administration if the “New Pension System” vests under Indian Law. The trust is responsible for taking care of the funds under the NPS. The trust holds an account with the Bank of India and this bank is designated as the NPS Trustee Bank.

The Trustees :

Mr. Yogendra Narain (Formerly Secretary General Rajya Sabha)
Chairman Trustee

Mr. N. R. Rayalu (Former Deputy Comptroller and Auditor General of India)
Trustee

Mr. Prithvi Pal Singh Haldea (Chairman and Managing Director, Praxis Consulting & Information)
Trustee

Prof. R. Vaidyanathan (Professor,Indian Institute of Management,Bangalore)
Trustee

Mr. Umraomal Purohit (President, All India Railway Men Federation & General Secretary, Hindu Mazdoor Sabha)
Trustee

Mr. G. Anantharaman (Former Whole-time Member, Securities and Exchange Board of India)
Trustee 

                  The main function of the esteemed trust is to safeguard the interest of the subscribers.