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NPS to OPS – Minister replied in Parliament

NPS to OPS – Minister replied in Parliament Restoration of old pension system in place of Contributory Pension System In a written reply the Minister of State for Finance said the features of the New Pension Scheme in Rajya Sabha on 21st March 2017 National Pension System (NPS), which is a contributory pension system, has, … Read more

Outcome of NPS Meeting held on 17.3.2017 – NFIR

Meeting of the Committee constituted to suggest implementation of the National Pension System Employees -reg No.IV/NPS/PFRDA BILL/Part-l Dated: 18/03/2017 The General Secretartes of Affiliated Unions of NFIR. Brother, Sub: Meeting of the Committee constituted to suggest implementation of the National Pension System Employees -reg. A meeting of the Committee with JCM (Staff Side) under the … Read more

NPS Subscribers are allowed multiple Choice to Change Investment Option

NPS Subscribers are allowed multiple Choice to Change Investment Option PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY g-14/A. Chhatrapati Shivaji Bhawan Qutab Institutional Area. Katwaria sarai. New Delhi-110016 01 March 2017 PFRDA/2017/8/PD/2 To All Stakeholders in the National Pension System Subiect: Allowing multiple choice to the subscribers/corporates to change Investment Option and Asset Allocation Ratio during … Read more

Withdrawal of NPS is not within the purview of NPS Committee – Confederation

GOVT. MADE IT CLEAR THAT WITHDRAWL OF NPS IS NOT WITHIN THE PURVIEW OF NPS COMMITTEE. YOUNGER GENERATION EMPLOYEES CHEATED: Withdrawal of NPS or exemption from NPS was one of the most important demand of the NJCA in the 11th July 2016 deferred indefinite strike. In the statement issued by NJCA on 06-07-2016 after deferring … Read more

NPS COMMITTEE – HOPES OF YOUNGER GENERATION SHATTERED

NPS COMMITTEE – HOPES OF YOUNGER GENERATION SHATTERED NPS committee constituted by the Government to streamline the National Pension System has called the JCM Staff Side for second round of discussion on 10.02.2017. As per the notified agenda, the committee is proposing discussion on only cosmetic changes in NPS. Basic issues such as (1) scrapping … Read more

Tax-exemption to partial withdrawal from National Pension System (NPS)

Tax-exemption to partial withdrawal from National Pension System (NPS) : This benefit will be effective on partial withdrawal made by the subscriber after 1st April 2017. Press Information Bureau Government of India Ministry of Finance 02-February-2017 12:20 IST New Benefits announced for NPS Subscribers in Union Budget 2017-18 In a bid to provide further impetus to … Read more

Streamlining the implementation of the NPS tor Central Govt Employees – NC JCM Staff Side

Streamlining the implementation of the NPS tor Central Govt Employees – NC JCM Staff Side Meeting of the Committee constituted to suggest measures for streamlining the implementation of the NPS tor Central Govt Employees — Reg. Shiva Gopal Mishra Secretary Ph: 23382286 National council (staff Side) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah … Read more

NPS Committee Meeting to be held on 20.1.2017 – NC JCM Staff Side

NPS Committee Meeting to be held on 20.1.2017 – NC JCM Staff Side Meeting of the Committee constituted to suggest measures for streamlining the implementation for the National Pension System for Central Government employees No.57/1/2016-P&PW(B) Government of India Ministry of Personnel,Public Grievances & Pensions Department of Pension & Pensioners’ Welfare 3rd Floor, Lok Nayak Bhavan, … Read more

Extension of scope of Additional Relief on death/disability of Government Servants covered by the New Defined Contribution Pension System(NPS)

Extension of scope of Additional Relief on death/disability of Government Servants covered by the New Defined Contribution Pension System(NPS). No.25014/05/2016.AIS-II Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel & Training North Block, New Delhi — 110001 Dated the 17th January, 2017 To The Chief Secretaries of all the State Governments … Read more

NPS has more than One crore subscribers with total AUM of more than Rs.1,60,000 crores

NPS has more than One crore subscribers with total AUM of more than Rs.1,60,000 crores Currently, NPS has more than 1.03 crore subscribers with total Asset Under Management (AUM) of more than Rs.1,60,000 crores. PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE Conference of State Governments on National Pension System A conference for State Governments … Read more