NPS National Pension System – NPS Contribution – NPS Benefits – NPS Returns – NPS Interest Rate
“Pay Gratuity & Benefits Under NPS – BPMS Resolutions” The government has implemented policies to provide relief to employees in various aspects of their employment. These policies include the removal of ceiling for Compassionate Appointment, which allows for greater flexibility in hiring individuals for positions, and the payment of gratuity to NPS beneficiaries, ensuring that … Read more
Disciplinary Proceedings for Central Govt NPS Employees – Clarification The Department of Pension and Pensioners’ Welfare (DoPPW) released an order outlining the impact of disciplinary proceedings on the benefits that Central Government employees covered under the National Pension System (NPS) are entitled to. The order states that if an employee is found guilty of misconduct … 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
Govt Contribution to NPS & EPS – Monthly Benefits Explained The National Pension Scheme (NPS) and Employee Pension Scheme (EPS) are supported by the government through monthly contributions. These contributions play an important role in ensuring the financial security of individuals in their retirement years. The government’s monthly contributions to these schemes are a reflection … 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
Avail Old Pension Benefits on Death of Govt Employee | CCS NPS Rules Orders issued by DoPPW on October 26th, 2022 state that if a Subscriber passes away while still in service, their final option exercised before their death will be considered as the definitive choice. The family will not be able to alter this … Read more
NPS Tier 2 Operational Guidelines Update | TTS The National Pension Scheme Tier II- Tax Saver Scheme, 2020 (NPS-TTS) has undergone some changes in its operational guidelines. These changes have been put in place to better serve the needs of taxpayers who are investing in this scheme. The new guidelines include updates to the tax-saving … Read more
Scrapping National Pension System – Old Pension Scheme for Appointees The idea of scrapping the National Pension System and reverting to the old pension scheme for all appointees on or after 1.1.2004 has been deemed unfeasible in the current scenario. This decision has been reached after a thorough evaluation of the financial implications and practicality … Read more
Notification regarding OPS: NVS New Pension Scheme has already been made applicable to the employees who Joined Samiti on or after 01.04.2009 and option was also provided to the employees who joined upto 31.03.2009 for opting NPS or to continue with existing CPF scheme. [lwptoc numeration=”none” title=”Table of Contents” toggle=”1″ hideItems=”1″ width=”full” titleFontSize=”18px” itemsFontSize=”18px” linkColor=”#dd3333″ … Read more