Appeal to NPS Pensioners – Confederation NPS PENSIONERS – YOUR ATTENTION PLEASE As you are aware Confederation of Central Govt Employees & Workers has been opposing and fighting against the Contributory Pension Scheme (known as NPS) from the very beginning. At the time of introduction of NPS, it is only Confederation Confederation, All India State […]
Central Govt Rejects the Demand to Scrap NPS
Central Govt Rejects the Demand to Scrap NPS Abolition of Contributory Pension Scheme Representations have been received from various Associations of Government Employees on the problems being faced and the demand to withdraw the National Pension System (NPS). The 7th Central Pay Commission (CPC) also in its report examined the issues related to NPS and […]
Reversion to Old Pension Scheme
Reversion to old pension scheme due to administrative delay “NPS applicable to Government servants appointed to civil posts on or before 31.12.2003. The date on which the vacancies arose or the date on which the examination was conducted for filling up the vacancies is not relevant for deciding the applicability of the Central Civil Services (Pension) […]
Implementation of National Pension System by Central Autonomous Bodies
Implementation of National Pension System by Central Autonomous Bodies PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE Conference on Implementation of National Pension System by Central Autonomous Bodies A conference on implementation of National Pension System by Central Autonomous Bodies (CABs) was organized by PFRDA on 13th June 2018 at New Delhi. The prime objective […]
An Overview of New Contributory Pension System (NPS) – Confederation
An Overview of New Contributory Pension System (NPS) – Confederation NEW CONTRIBUTORY PENSION SYSTEM (NPS) M.krishnan Secretary General Confederation of Central Govt. Employees & Workers Pension system was in vogue in India for a century or more and the British Government during the pre-independence era introduced Pension Rules for Government employees and thus made it statutory. […]
New Pension Scheme(NPS) Vs Old Pension Scheme(OPS)
New Pension Scheme(NPS) Vs Old Pension Scheme(OPS) Various questions asked in Parliament regarding Old and New Pension Schemes on 10th August 2018 and the Minister replied for the questions are given below… GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA UNSTARRED QUESTION NO: 4075 ANSWERED ON: 10.08.2018 Reintroduction of Old Pension Scheme RAKESH SINGH Will […]
Defined Contribution Pension Scheme (NPS) – Salient Features)
Defined Contribution Pension Scheme (NPS) – Salient Features) Defined Contribution Pension Scheme (National Pension System) (Salient Features) The National Pension System works on defined contribution basis and will have two tiers – Tier-I and II. Contribution to Tier-I is mandatory for all Government servants joining Government service on or after 1-1-2004 (except the armed forces […]
Not Possible to Revert Back to Old Pension Scheme
Not Possible to Revert Back to Old Pension Scheme It is not possible for the government to revert back to old pension scheme – Minister replied in Parliament on 24.7.2018 Abolition of Contributory Pension Scheme Representations have been received from various Associations of Government Employees on the problems being faced and the demand to withdraw […]
Important Announcements and Approvals in Board Meeting of PFRDA
Important Announcements and Approvals in Board Meeting of PFRDA “Modification in Partial Withdrawal rules under NPS & Increasing cap on equity investment in active choice to 75% from current 50% for Private Sector Subscribers” Ministry of Finance Important Announcements and Approvals in Board Meeting of PFRDA Pension Fund Regulatory and Development Authority (PFRDA) is established by […]
NPS Subscribers: Submit FATCA Self-Certification through Online
NPS Subscribers: Submit FATCA Self-Certification through Online Foreign Account Tax Compliance Act (FATCA) and Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) Ministry of Finance Pension Fund Regulatory and Development Authority prescribes New NPS Subscriber Registration Form – Additional Mandatory Requirements Pension Fund Regulatory and Development Authority (PFRDA) has been established by the […]