PFRDA issues NPS Vatsalya Scheme Guidelines 2025 to strengthen long-term financial security for Minors

• NPS Vatsalya is a contributory, long-term pension/savings scheme exclusively for minors (<18 years), operated by parents/guardians, under the National Pension System (NPS) architecture regulated by PFRDA.
• PFRDA issued the NPS Vatsalya Scheme Guidelines 2025 on 13 January 2026, codifying eligibility, contribution, withdrawal and transition rules.
• Relevance: instrument of financial inclusion + pension-for-all push; intersects Budget 2024-25 announcements, PFRDA Act, 2013, and old-age income security policy.