Employees of states that have opted out of the National Pension System (NPS) will continue to earn returns on their corpus, according to India’s pension regulator. Several states had previously opted out of the NPS, leaving state government employees uncertain about accessing their corpus held by fund managers. The regulator also urged banks and other intermediaries to enroll more private sector employees in the scheme. The NPS offers competitive returns and allows systematic withdrawal and retention of the corpus until the age of 75.