- Supports OPD and IPD medical expenses under the National Pension System (NPS).
- Includes mandatory health insurance with a minimum initial contribution of ₹25,000.
- Allows partial withdrawal and 100% premature exit for eligible medical treatment.
- Currently under PoC 2; public enrollment will begin after the official rollout.
- NPS Toll Free Number: 1800110708
Summary of the Scheme | |
|---|---|
| Name of Scheme | NPS Swasthya Pension Scheme |
| Launch Year | 2026 (Tentative) |
| Benefits |
|
| Beneficiary | All Indian Citizens |
| Nodal Agency | Pension Fund Regulatory and Development Authority (PFRDA) |
| Subscription | Subscribe here to get Update Regarding Scheme |
| Mode of Apply | To be announced |
Scheme Introduction: A Brief Overview
The NPS Swasthya Pension Scheme is a voluntary pension scheme introduced by the Pension Fund Regulatory and Development Authority (PFRDA) under the National Pension System (NPS). It has been launched as a Proof of Concept (PoC 2) under the Regulatory Sandbox Framework to integrate healthcare support with long-term retirement planning. The scheme enables subscribers to build a retirement corpus that can be used for eligible outpatient (OPD) and inpatient (IPD) medical expenses while continuing to save for retirement. As part of PoC 2, the scheme also includes mandatory health insurance benefits, subject to the terms and conditions of the participating insurance company. Along with the NPS Swasthya Pension Scheme, PFRDA also offers other specialised schemes under the National Pension System, including NPS Sanchay for long-term retirement savings and NPS Vatsalya to help parents build a retirement corpus for their minor children.
The scheme is open to all Indian citizens voluntarily. Individuals who wish to join must have an NPS Common Scheme Account, and those who do not already have one must open it along with the NPS Swasthya Pension Scheme Account. Subscribers are required to make a minimum initial contribution of ₹25,000 to become eligible for the scheme benefits. In addition, eligible subscribers above 40 years of age, except those covered under the Government Sector and Government-owned Corporate sector, can transfer up to 30% of their eligible contributions from their Common Scheme Account to the NPS Swasthya Pension Scheme Account.
Under the scheme, subscribers can make partial withdrawals of up to 25% of their own contributions to meet eligible medical expenses after fulfilling the applicable scheme conditions. In case the cost of a single inpatient medical treatment exceeds the subscriber's eligible limit for partial withdrawal, the scheme also permits a premature exit with a 100% lump sum withdrawal to meet the treatment expenses. The withdrawn amount is settled directly with the designated Health Benefit Administrator (HBA), Third Party Administrator (TPA), or Health Tech Company (HTC), and any remaining balance is transferred back to the subscriber's Common Scheme Account.
At present, the NPS Swasthya Pension Scheme is being implemented on a limited basis under the Regulatory Sandbox Framework through Pension Funds approved by PFRDA. Public enrollment has not yet been opened for all citizens, and the application process will be announced by the participating Pension Funds after receiving the necessary approval from PFRDA. Interested individuals should regularly check the official PFRDA website and participating Pension Funds for the latest updates on the scheme and enrollment.
Latest Update
July 2026 Update: The PFRDA Board has approved the implementation of the NPS Swasthya Pension Scheme. According to PFRDA, the required backend integration and operational preparations are underway, and the scheme is expected to be launched soon through participating Pension Funds. Public enrollment has not yet started, and the registration process will be announced after the official rollout.
Scheme Benefits
- Provides financial support for eligible outpatient (OPD) and inpatient (IPD) medical expenses.
- Offers mandatory health insurance benefits as per the terms and conditions of the participating insurance company and applicable IRDAI regulations.
- Subscribers become eligible for scheme benefits after making the minimum initial contribution of ₹25,000.
- Permits partial withdrawal of up to 25% of the subscriber's own contributions for eligible medical expenses.
- Allows multiple partial withdrawals after meeting the applicable scheme conditions.
- Subscribers above 40 years of age (excluding Government Sector and Government-owned Corporate subscribers) can transfer up to 30% of their eligible contributions from the Common Scheme Account to the NPS Swasthya Pension Scheme Account.
- Permits premature exit with 100% lump sum withdrawal for eligible inpatient medical treatment as per the scheme provisions.
- If the Proof of Concept (PoC) is discontinued, subscribers can transfer their accumulated corpus back to their Common Scheme Account as per the applicable NPS regulations.
Eligibility Requirements
- Any citizen of India is eligible to join the NPS Swasthya Pension Scheme.
- The scheme is available voluntarily under the National Pension System (NPS).
- A Common Scheme Account is mandatory.
- Applicants who do not already have one must open a Common Scheme Account along with the NPS Swasthya Pension Scheme Account.
- Subscribers aged above 40 years (excluding Government Sector and Government-owned Corporate subscribers) are eligible to transfer up to 30% of their self and/or employer contributions from their Common Scheme Account to the NPS Swasthya Pension Scheme Account.
Required Documents
- Aadhaar Card
- PAN Card
- Proof of Identity
- Proof of Address
- Recent Passport-size Photograph
- Bank Account Details
- Mobile Number
- Email ID
- PRAN (Permanent Retirement Account Number), if already enrolled in NPS
- Additional documents, if required by the participating Pension Fund or insurance company
Note: PFRDA has not notified any scheme-specific document list for the NPS Swasthya Pension Scheme. The exact documents will be specified by the participating Pension Fund and insurance company at the time of enrollment.
Steps to Apply
- PFRDA has not yet released a public application process for the NPS Swasthya Pension Scheme.
- The scheme is currently being implemented as a Proof of Concept (PoC 2) under the Regulatory Sandbox Framework.
- Participating Pension Funds can launch the scheme only after obtaining prior approval from PFRDA.
- The enrollment process, required documents, and registration procedure will be announced by the participating Pension Fund at the time of launch.
- Interested individuals should regularly check the official PFRDA website and the websites of participating Pension Funds for the latest updates on enrollment.
Relevant Links
- NPS Swasthya Pension Scheme Circular (POC 1)
- NPS Swasthya Pension Scheme Circular (POC 2)
- PFRDA Official Website
Contact Information
- NPS Toll Free Number: 1800110708
Frequently Asked Questions
The NPS Swasthya Pension Scheme is a voluntary pension scheme introduced by the Pension Fund Regulatory and Development Authority (PFRDA) under the National Pension System (NPS). It aims to provide financial support for eligible outpatient (OPD) and inpatient (IPD) medical expenses while helping subscribers build retirement savings.
Any citizen of India can join the NPS Swasthya Pension Scheme on a voluntary basis. Applicants who do not already have an NPS Common Scheme Account must open one along with the NPS Swasthya Pension Scheme Account.
Under PoC 2, subscribers are required to make a minimum initial contribution of ₹25,000 to become eligible for the scheme benefits.
Yes. Subscribers can make partial withdrawals of up to 25% of their own contributions for eligible outpatient (OPD) and inpatient (IPD) medical expenses, subject to the scheme conditions.
Yes. Under PoC 2, health insurance benefits are mandatory and are provided according to the terms and conditions of the participating insurance company and applicable IRDAI regulations.
Yes. Eligible subscribers above 40 years of age, except those covered under the Government Sector and Government-owned Corporate sector, can transfer up to 30% of their eligible contributions from their Common Scheme Account to the NPS Swasthya Pension Scheme Account.
No. PFRDA has not yet announced a public registration process. The enrollment procedure will be notified by participating Pension Funds after the scheme is officially rolled out.
Yes. Under PoC 2, subscribers may opt for a premature exit with 100% lump sum withdrawal if the cost of a single inpatient medical treatment exceeds their eligible limit for partial withdrawal, subject to the scheme provisions.
The scheme is currently being implemented as a Proof of Concept (PoC 2) under the Regulatory Sandbox Framework. It will initially be offered through participating Pension Funds approved by PFRDA.
The PFRDA Board has approved the implementation of the NPS Swasthya Pension Scheme. Backend integration and operational preparations are currently underway, and public enrollment will begin after the official rollout.
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| Person Type | Govt |
|---|---|
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