The Hindu·3 min read·medium
Zomato, Urban Company gig workers embrace NPS, contributing up to ₹5,000 weekly: HDFC Pension’s CEO
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Balasubramanyam C.P.
✦AI Summary
HDFC Pension is successfully enrolling gig workers from platforms like Zomato and Urban Company into the National Pension System. By simplifying the onboarding process and using existing KYC frameworks, the company has significantly increased retirement planning participation among informal workers.
HDFC Pension is seeing encouraging early signs from its push into India’s gig economy, with workers increasingly contributing to their National Pension System (NPS) accounts, according to Sriram Iyer, Managing Director and CEO of HDFC Pension.
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