PFRDA takes a new initiative to increase pension coverage by increasing the incentives payable to Points of Presence (POPs), the principal distributive points for NPS. Pension Fund Regulatory and Development Authority (PFRDA) has taken several initiatives in the past few years to increase pension coverage in the country, notably introducing e-NPS, reducing minimum contribution levels, new investment instruments, aggressive life cycle funds etc. PFRDA has now taken a further step in this direction by increasing the incentives payable to Points of Presence (POPs), the principal distributive points for National Pension System (NPS). The following Table gives the details of increase in incentives: Principal Distribution Point Services offered Current Charge New Charge POP Principal Distribution Point Services offered Current Charge New Charge POP Initial Subscriber Registration* Rs. 125/- Rs. 200/- Initial Contribution 0.25% of the contribution Min: Rs. 20/- ...