Chennai, June 16 : Catch them young and also with their family is the strategy to be followed to expand the Atal Pension Yojana (APY), said a top official of Pension Fund Regulatory and Development Authority (PFRDA).

He also said the subscriber base for National Pension Scheme (NPS) will grow from the corporate sector and even if the state governments opt for old pension scheme for their employees.

PFRDA has decided to allow the subscribers of the NPS to withdraw 60 per cent of the accumulated corpus in a systematic manner instead of the current system of one time withdrawal.

Speaking to the media here on Friday, Deepak Mohanty, PFRDA Chairperson, said the strategy for APY is to focus on enrolling all the family members who are 18 years of age so that the pension benefit is available to all the subscribers.