7th Pay Commission expressed its regret about transition from OPS to NPS 7th Pay Commission expressed its regret about transition from Old Pension Scheme to New Pension Scheme in its report. 2004-2011 Entrants : Government employees who have joined service between 2004 and 2011 have suffered due to delay in finalizing the structure of the NPS … Read more
Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme No.49014/2/2014-Estt (C) Government of India Ministry of Personnel, Public Grievances and PG Department of Personnel and Training Establishment Division New Delhi, North Block, February 26th , 2016 OFFICE MEMORANDUM Subject: Casual Labourers with temporary status-clarification regarding contribution to GPF … Read more
PFRDA introduced eNPS online portal 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 operationalization … Read more
NPS subscribers of Central Government are 14.1% of the total subscribers as Jan 2016 Press Information Bureau Government of India Ministry of Finance 02-February-2016 16:35 IST 1.15 Crore Subscribers for National Pension System (NPS) as on 23.1.2016 National Pension System (NPS) had 11,459,555 subscribers with a total corpus of Rs. 90, 327 crore as on … Read more
Benefits of National Pension Scheme (NPS) Financial Impact on Employees Under National Pension Scheme (NPS) The National Pension System (NPS) has been designed giving utmost importance to the welfare of the subscribers under NPS. There are a number of Benefits of National Pension Scheme (NPS) available to the employees under NPS. Some of the benefits … Read more
New Pension Scheme : Clarification of Deferred withdrawal of lump sum – PFRDA PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY 1st Floor, ICADR Building, Plot No. 6, Vasant Kunj Institutional Area, Phase – II, New Delhi – 110070 CIRCULAR PFRDA/2015/24/EXITS/1 October 29, 2015 To, NPS Trust, All POP’s, Aggregators, CRA,CentraI, State Governments and All Subscribers Dear … Read more
Subscriber details of CG Employees under National Pension System as on 3.10.2015 Number of subscribers and their asset details of Central Government employees under National Pension System as on 3rd October 2015 has been published by PFRDA. More than 15 lakh CG employees registered under NPS and their ‘Asset Under Management’ value have more than … Read more
Exempting Railway employees from the NPS and also consider OROP – NFIR NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD,NEW DELHI – 110 055 Affiliated to: Indian National Trade Union Congress (INTUC) International Transport Workers’ Federation (ITF) No.IV/NPS/PFRDA BILL Dated: 06-09-2015 Shri Narendra Modi, Hon’ble Prime Minister of India South Block, Raisina Hills, New … Read more
Draf Regulations for Retirement Advisers – PFRDA Pension Fund Regulatory and Development Authority is in the process of drafting regulations for Retirement Advisers. Towards this end, the Authority has prepared a Concept Note which is being placed on the website of PFRDA for Stakeholders and public comments. Concept Note on Introduction of Retirement Adviser The detailed note under … Read more
NPS is more beneficial than EPF Is NPS better than EPF? The NPS is more complicated than EPF, but it may ensure a sufficient retirement kitty If there’s one investment option that has received generous tax breaks in the Budget, it is the National Pension System (NPS). In a watershed move, the Finance Minister has … Read more