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. […]
Reversion to Old Pension Scheme for Personnel of Ministries
Reversion to old pension scheme for personnel of Ministries Rajya Sabha Unstarred Question No.2665 – Answered on 9.8.2018 Shri K. Bhabananda Singh (a) whether a decision has been taken for hundreds of paramilitary forces whose recruitment process commenced/done before 2004 but joined in 2004 or after due to administrative delays, to revert to the old […]
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 […]
New Pension System (NPS) – NC JCM Staff Side
New Pension System (NPS) – NC JCM Staff Side “Demand of the NC/JCM has always been to restore the “Defined Pension/Family Pension Scheme” Shiva Gopal Mishra Secretary National Council (Staff Side) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi – 110001 E-Mail : [email protected] No.NC/JCM/2018 Dated: May 17, 2018 The Cabinet […]
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 […]
NPS Subscribers: Know your FATCA Compliant Status
NPS Subscribers: Know your FATCA Compliant Status Click here to Know your FATCA Compliant Status Online Submission of FATCA Self-Certification Subscribers registered on or after July 1, 2014 are mandatorily required to submit FATCA Self–certification Please follow the steps given below for online Self-Certification: Log-in to your NPS account (please visit www.cra-nsdl.com) Click on sub […]
Brief of the meetings held between the Staff Side(JCM) and Official Side
Brief of the meetings held between the Staff Side(JCM) and Official Side Shiva Gopal Mishra Secretary National Council (Staff Side) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi – 110001 E-Mail : [email protected] No.NC/JCM/2018 Dated: April 10, 2018 The General Secretaries, All Constituents Organizations of the JCM(Staff Side) Dear Comrades, Sub: […]
Exemption of Railways from New Pension Scheme (NPS) – NFIR
Exemption of Railways from New Pension Scheme (NPS) No.IV/NPS/PFRDA BILL/Part I Dated: 19/03/2018 Shri Piyush Goyal, Hon’ble Minister of Railways, Rail Bhavan, New Delhi Dear Shri Goyalji, Sub: Exemption of Railways from New Pension Scheme (NPS) –reg. Ref: (i) Hon’ble MR’s D.O. No. 2012/F(E)III/1/4-Pt dated 29th March 2014 to Hon’ble Finance Minister, Government of India […]
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