NPS vs GPF: GPF Facility for National Pension Scheme Gov. Employees The proposal suggests an extension of the General Provident Fund (GPF) facility to the National Pension System (NPS) governed employees, giving them the option to choose between the … [Read more...]
NPS Withdrawal Rules – Partial Withdrawal from NPS Procedural Guidelines
Partial NPS Withdrawal Rules - Procedural Guidelines The National Pension System (NPS) has specific rules and orders regarding withdrawal, including partial withdrawal. The guidelines for procedural steps to take for such partial withdrawals are … [Read more...]
e-NPS online facility for NPS subscribers to exit and withdrawal
Exit NPS Online: Withdrawal Facility for Subscribers Additional Modes of e-NPS exit : e-NPS subscribers to exit also from NPS through an online process. This option of exit shall be applicable for both i.e. for pre-mature as well as normal exit - … [Read more...]
NPS subscribers can withdraw after three years
Withdraw from NPS After 3 Years | National Pension Scheme According to the NPS rules, subscribers are allowed to withdraw their funds after three years from the date of joining the system. However, they can only withdraw a maximum of three times … [Read more...]
Gratuity Benefits under National Pension System (NPS)
Gratuity Benefits under NPS | National Pension System Gratuity Benefits are an essential component of the National Pension System (NPS), which provides retirement benefits to employees in India. Under the NPS, employees receive a lump sum amount upon … [Read more...]
NPS Employees will eligible for benefit of ‘Retirement gratuity and Death gratuity’ as per CCS (Pension) Rules, 1972
Retirement Gratuity and Death Gratuity for NPS Employees Employees who work for the National Park Service (NPS) shall be entitled to the benefit of 'Retirement gratuity and Death gratuity', in accordance with the CCS (Pension) Rule, 1972. This means … [Read more...]
Payment of Gratuity and Guaranteed Benefits under NPS Beneficiaries – BPMS Resolutions
"Pay Gratuity & Benefits Under NPS - BPMS Resolutions" The government has implemented policies to provide relief to employees in various aspects of their employment. These policies include the removal of ceiling for Compassionate Appointment, … [Read more...]
Contract for Old Pension Scheme
Contract for Old Pension Scheme | Pension Solutions Office Memorandum No. 57/04/2019-P&PW(B) dated 17th February, 2020 "Where the results for recruitment were declared before 01.01.2004 against vacancies occurring on or before 31.12.2003, the … [Read more...]
One time option from National Pension System (NPS) to Old Pension Scheme (OPS) to certain category of Central Govt Employees
One-Time Option From NPS to OPS for Central Govt Employees The Department of Pension and Pensioners’ Welfare issued an another order with detailed clarifications for the eligible employees to switch over from National Pension System to Old Pension … [Read more...]
Setting Up Committee to Review National Pension System for Government Employees
Good News for Govt Employees in April 2023! The central government has recently announced the formation of a committee to review the National Pension System for government employees. This news has brought great joy to all government employees across … [Read more...]
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