The National Pension System now has 1.15 crore subscribers, each with an average ₹ 95,000 of assets under management.
“The total assets under management are worth ₹1,09,140 crore while assets under management per subscriber is ₹95,000 on an average,” said the Finance Ministry on Tuesday, adding that the total corpus of the National Pension System (NPS) is ₹90, 327 crore.
The scheme has 16,11,020 Central government employees as subscribers, amounting to 14.1 per cent of its total member base. They have a total corpus of ₹34,754 crore.
Meanwhile, 28,59,094 State government employees are members of the NPS, amounting to quarter of it total subscribers and having a corpus of ₹45,486 crore.
The NPS for private citizens has 5,76,993 subscribers --- 4,48,509 members from the corporate sector and 1,28,484 from the unorganised sector.
The largest chunk of subscribers to the retirement saving scheme comes from NPS Lite, which has 44,63,637, constituting 39 per cent of the total membership. It has now been discontinued and replaced with the Atal Pension Yojana that has 19,48,811, subscribers or 17 per cent of the total members.