Pension body, HDFC launch pension scheme for GoaMiles drivers | Goa News
Panaji: The Pension Fund Regulatory and Development Authority (PFRDA) launched the National Pension System (NPS) for Goa’s driver community in collaboration with GoaMiles and HDFC Pension Fund. This initiative aims to extend pension coverage to nearly 5,000 drivers associated with the GoaMiles platform, marking a first-of-its-kind model in India.The initiative offers drivers structured retirement planning, with GoaMiles contributing to each driver’s NPS account. During the event, 50 permanent retirement account numbers (PRANs) were distributed to drivers, symbolising the scheme’s rollout.Transport minister Mauvin Godinho emphasised the importance of drivers as representatives of Goa’s hospitality and culture. Godinho said that the initiative is a step towards inclusive growth, aligning with the vision of Viksit Bharat 2047.PFRDA chairman S Ramann highlighted the importance of early savings and financial discipline for a secure retirement, noting the power of compounding. HDFC Pension Fund CEO Ram Iyer expressed satisfaction in partnering with GoaMiles to secure drivers’ futures, while GoaMiles CEO Utkarsh Dabhade reiterated the company’s commitment to empowering drivers and enhancing their financial security.
