National Pension System Architecture

The National Pension System (NPS) architecture is a structured framework that manages retirement savings through a centralized platform. It involves four key components: the Central Recordkeeping Agency (CRA) that maintains account records; the Pension Fund Managers (PFMs) that invest contributions to generate returns; Point-of-Sale (POS) agents who facilitate account opening and transactions; and the Trustee Bank that oversees fund management and ensures compliance. Together, these entities ensure your contributions are securely collected, invested prudently, and managed transparently, providing a sustainable pension benefit upon retirement.