National Pension System (NPS) : PFRDAFOR PUBLIC AND STAKEHOLDERS COMMENTS – CONCEPT PAPER- CHOICE TO THE GOVT EMPLOYEES A. Launch of NPS and Current scenario 1. The National Pension System (NPS) was introduced in 2003 for all Central Government employees (except armed forces) who joined the service on or after 01.01.2004. The NPS marked a paradigm shift from the … [Read more...] about National Pension System (NPS) : PFRDA
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PFRDA
NPS Subscription earns double digit yearly returns for the past 5 years
The average NPS fund has given 100-125 basis points more than what the retirement savings of the estimated 3.7 crore EPF subscribers have earned during this period. NPS Subscription earns double digit yearly returns for the past 5 years which comparatively higher than EPF interest rates – Central and state government employees covered by the scheme earned between 9.3% and … [Read more...] about NPS Subscription earns double digit yearly returns for the past 5 years
PARTIAL WITHDRAWAL FROM NPS, ORDERS ISSUED BY PFRDA
PARTIAL WITHDRAWAL FROM NPS, ORDERS ISSUED BY PFRDAGuidelines issued from PFRDA on processing partial withdrawal requests under National Pension System (NPS). As per the guidelines, a subscriber can partially withdraw his/her accumulated pension wealth, not exceeding twenty-five per cent of the contributions made by the subscriber and excluding contributions made by the … [Read more...] about PARTIAL WITHDRAWAL FROM NPS, ORDERS ISSUED BY PFRDA
Conference on Implementation of National Pension System by Central Government
PFRDA: PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE Conference on Implementation of National Pension System by Central Government A conference on implementation of National Pension System by Central Government Ministries & Departments was organized by PFRDA on 16th March, 2016 at New Delhi. The prime objective was to provide a forum to all Central … [Read more...] about Conference on Implementation of National Pension System by Central Government
NPS Exit and purchase of Annuity – Clarification issued by PFRDA
NPS Exit and purchase of Annuity – Clarification issued by PFRDA in respect of interim arrangement for the purpose of buying annuity from the NPS maturity amount In the case of pre-mature exit by NPS Subscriber, any annuity scheme provided by Annutiy Service provider that covers the spouse of NPS subscriber can be purchased PENSION FUND REGULATORY AND DEVELOPMENT … [Read more...] about NPS Exit and purchase of Annuity – Clarification issued by PFRDA
Online Subscriber Registration and contribution under NPS using eNPS platform
Online Subscriber Registration and contribution under NPS using eNPS platform In light of Prime Minister’s “Digital India” campaign on promoting e-governance for providing last mile connectivity through extensive use of ICT (Information and Communications Technology) platforms, Pension Fund Regulatory and Development Authority (PFRDA) has been pursuing the development and … [Read more...] about Online Subscriber Registration and contribution under NPS using eNPS platform
Service Discharge Benefit Scheme for Gramin Dak Sevaks
Service Discharge Benefit Scheme for Gramin Dak Sevaks Department of Posts clarifies to All India Gramin Dak sevaks Union (AIGDSU) that Gram Dak Sevaks are eligible for New Service Discharge Benefit Scheme (SDBS) utilizing the platform of the “NPS-Lite” Scheme of the Pension Fund Regulatory and Development Authority (PFRDA) New Service Discharge Benefit Scheme (SDBS) for … [Read more...] about Service Discharge Benefit Scheme for Gramin Dak Sevaks
New Functionalities released under National Pension System (NPS)
New Functionalities released under National Pension System (NPS) Pension Fund Regulatory and Development Authority (PFRDA) has been established by the Government of India for regulation and development of Pension Sector in order to protect the old age income security of subscribers. PFRDA takes various initiatives from time to time in order to simplify and improve … [Read more...] about New Functionalities released under National Pension System (NPS)
Fraudulent Collection of Funds in the name of National Pension System
Fraudulent Collection of Funds in the name of National Pension System – Public Notice Pension Fund Regulatory and Development Authority First Floor, ICADR Building, Plot No 6, Institutional Area Phase II, Vasant Kunj, New Delhi-110070 Tel. 011-26897948 PUBLIC NOTICE It has come to notice of the Authority recently that some organizations, NGOs, societies, individuals, … [Read more...] about Fraudulent Collection of Funds in the name of National Pension System
Payment of Gratuity and Guaranteed Benefits under NPS Beneficiaries – BPMS Resolutions
Removal of ceiling for Compassionate Appointment, Payment of Gratuity to NPS Beneficiaries and Minimum Guaranteed Benefits under NPS BPMS Resolutions adopted in CEC Meeting held in Hyderabad BHARATIYA PRATIRAKSHA MAZDOOR SANGH (An All India Federation of Defence Workers) (An Industrial Unit of B.M.S.) (Recognized by Govt of India, Min of Defence) Central Office: 2A, … [Read more...] about Payment of Gratuity and Guaranteed Benefits under NPS Beneficiaries – BPMS Resolutions
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