New Delhi, Feb. 26 -- With healthcare costs rising steadily, retirement planning is increasingly overlapping with medical preparedness. A new pension product now attempts to combine both objectives within the National Pension System (NPS) framework.

ICICI Prudential Pension Funds Management Company Limited has launched ICICI PF NPS Swasthya Equity Plus, a first-of-its-kind pension scheme under the NPS.

Introduced as a Proof of Concept (PoC) under the Pension Fund Regulatory and Development Authority Regulatory Sandbox framework, the scheme aims to bridge long-term retirement savings with immediate healthcare liquidity.

The NPS Swasthya Equity Plus scheme follows a high-growth investment mandate to counter medical inflation.

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