Protest at Jantar Mantar against New Pension Scheme – 08.07.2023 On the 8th of July in the year 2023, a massive rally, dharna, and protest will be organized at the historic Jantar Mantar in Delhi. This gathering is set to be a powerful demonstration against the implementation of the New Pension Scheme, with participants demanding … Read more
Partial Withdrawal Under NPS for Illness If you are considering a partial withdrawal from the National Pension System (NPS), there are several important steps you need to take. First, you will need to gather all of the necessary documentation, including your National Pension System account number and your permanent account number (PAN). Once you have … Read more
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 outlined by the Pension Fund Regulatory and Development Authority (PFRDA), which oversees the NPS. It’s important to understand these guidelines thoroughly … Read more
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 – PFRDA Circular 27.5.2020 PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITYB-14/A, Chhatrapati Shivaji Bhawan,Qutub … Read more
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 that upon retirement, NPS employees can receive a lump sum amount as gratuity to support their … Read more
Gratuity Benefits for CG Employees Covered by NPS The clarification statement aims to shed light on the benefit of retirement gratuity when it comes to mobility from one organization to another. Retirement gratuity is a significant financial incentive that provides employees with a sense of security and stability during their post-retirement life. When an individual … Read more
Extend Gratuity Benefits to All NPS Employees The Confederation is calling for the extension of the Gratuity benefit to all employees under the National Pension System (NPS). This important step would ensure that the struggles of NPS employees do not go in vain. With this benefit, all employees would have access to a retirement plan … Read more
“Implementing NPS in Central Autonomous Bodies” The implementation of the National Pension System (NPS) in Central Autonomous Bodies (CABs) is a significant step towards providing better retirement benefits to employees. This system is designed to ensure that employees have access to a sustainable pension plan that will allow them to live comfortably during their retirement … Read more
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 Scheme under Central Civil Services (Pension) Rules, 1972. “All cases where the results for recruitment were declared … Read more
Introducing the National Pension System – a simple and efficient way to save for your retirement. The implementation of the National Pension System by Central Autonomous Bodies represents a significant step towards ensuring the financial security of employees. This system provides a range of investment options for employees to choose from, allowing them to tailor … Read more