The PFRDA has introduced Retirement Income Schemes (RIS) and new drawdown options for National Pension System subscribers, aiming for more predictable cashflow and longer corpus life after retirement. RIS is a lifecycle scheme with an annual equity glide path, cutting equity exposure from 35% at 60 to 10% at 75, then holding it till 85. Retirees can opt for periodic withdrawals from the corpus while continuing mandatory annuity payouts, but PFRDA says payouts are not guaranteed and remain market-linked.
Central government employees are worried that the New Pension System leaves their retirement corpus exposed to market swings. The All India NPS Employees Federation has asked for an assured pension for 8th Pay Commission workers, proposing a guarantee of 50% of last-drawn salary plus DA, arguing the current NPS-linked payouts can fall short—particularly for those with shorter service or lower pay.
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Global markets are surging on AI-led optimism, with the S&P 500 reaching record highs supported by strong earnings and a steady economic backdrop. But analysts warn that physical oil is flashing a warning sign: potential disruption that hasn’t fully made its way into asset prices, leaving investors exposed if energy conditions tighten suddenly.
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