Under the PFRDA Act, who can invest in pension schemes? 

Under the PFRDA Act, any Indian citizen, whether salaried, self-employed, or unemployed, can invest in pension schemes such as NPS and APY. The inclusivity ensures wide participation across government, private, and unorganized sectors. NPS is voluntary and open to all eligible citizens within prescribed age limits. This broad eligibility encourages retirement savings, financial literacy, and inclusion. PFRDA’s framework ensures transparency, regulated fund management, and equitable protection of contributors’ interests, thereby supporting nationwide retirement income security.