• Home
  • 7th Pay Matrix
  • Pay Calculator
  • DA Table
  • DA News
  • 7th CPC News
  • KV Fees

Central Government Employees Latest News

7th Pay Commission Latest News Today 2022, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, CSD AFD Online Portal, Holiday List PDF, 8th Pay Commission Latest News

Latest 7th pay commission pay scale calculator
  • Holidays 2022
  • DoPT Orders
  • Expected DA
  • AICPIN
  • CSD AFD
  • Retirement Age
You are here: Home / New Pension Scheme / NPS has more than One crore subscribers with total AUM of more than Rs.1,60,000 crores
7th Pay Commission Latest News Today 2022
Central Government Employees News Today 2022
Salary Calculator 34% DA 7th Pay Matrix Table
Expected DA July 2022 8th Pay Commission News
DA Latest News Today 2022 Latest 7th CPC News
Bank Holiday List 2022 CG Gazetted Holidays 2022

7th CPC Pay Fixation Calculator Retirement Date Calculator 2022
Leave Encashment Calculation & Calculator 2022 KVS Fee Online Payment 2022-23
DA Calculation Formula, Sheet Govt First Salary Calculator

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

January 4, 2017 admin Leave a Comment

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 was organized by PFRDA on 19th December 2016, at New Delhi to discuss NPS implementation by the state governments.

In his inaugural address, Chairman, PFRDA, Sh. Hemant Contractor congratulated winners of awards instituted by PFRDA for the State Government sector. He observed that the number of subscribers registered in State Government sector has increased to 32 lacs and also the Assets under Management is touching approx. Rs. 79,000 crores.

He urged the State Governments to frame timelines for all the activities specified by PFRDA. Currently, only 11 State Governments have issued instructions regarding timelines.

Besides, framing of NPS rules for the respective states is also gaining importance and fixation of salary date will help in fixing accountability. He discussed various changes in product features and processes which will lead to increase in appeal of NPS.

The prominent among them are mobile app and feature of making contributions through it, increase in usage of Tier 2 accounts due to increased returns, etc.

He also referred to the various user friendly functionalities developed in coordination with the Central Recordkeeping Agency (CRA) for providing ease of transaction to the subscriber and the nodal offices.

He advised the delegates about appointment of Ombudsman which puts onus on the State Governments to ensure prompt resolving of grievances in Centralized Grievance Management System (CGMS). He also discussed about the appointment of second CRA which will provide more choice to the State Governments.

He added that this conference and more in the coming years would act as a platform for discussion with PFRDA and interactions among States to share their experiences and practices in order to enhance cross learning.

Shri R. V. Verma, Member (Finance) while welcoming the participants to the conference commended the substantial improvement in performance of State Governments since the last such conference held in December 2015.

Also Check: Expected DA Calculator from July 2022

He advised the State Governments to ensure 100% subscriber coverage month on month. He laid stress on the inclusion of NPS related activities within the scope of audit of the State Governments.

He also emphasised the need for discipline of remitting of the subscriber contribution especially in view of the enhanced role of the Government nodal officers as envisaged in the regulations and the provisions of the Act. He stressed on the need for enhancing capacity building both at the nodal officer level and subscriber level.

Training of nodal officers will help in enhancing the financial literacy and awareness of the subscribers. This will also help in fixing accountability of the respective officers with respect to delays in various activities of NPS.

Dr. B.S. Bhandari, Member (Economics) advised the participants about the areas of concern which need to be looked on priority. Besides, he also highlighted the responsibility of nodal officers handling NPS and advised to know the product & process.

He also referred to the mandatory inclusion of employees under NPS other than those which are covered under EPF. Further, he urged the participating states to introduce NPS related training programmes in their own State Training Institutes.

PFRDA instituted awards in April 2016 for the State Government sector in order to boost the best performers and also to encourage other states to improve their performance on the same lines.

Awards were distributed to Andhra Pradesh, Bihar, Haryana, Jharkhand, Kerala, Mizoram, Odisha, Rajasthan, Sikkim and UT of Chandigarh on various parameters of NPS implementation, in the Conference. Sh. Pravesh Kumar, DGM made a presentation on performance of NPS on various important parameters. Besides performance, past trends and future challenges were also discussed in the presentation.

The feedback was positively taken by the participating state governments with the assurance to working towards plugging the gaps. Sh. Sumit Kumar, NPS Trust made a presentation on pending withdrawal claims and grievances, with emphasis on early resolution. Sh. Sunil Samuel, AVP, NSDL made a detailed presentation on new functionalities introduced in the software, mobile app, online PRAN generation, DDO login, etc. Officials of 3 states – Andhra Pradesh, Odisha and Madhya Pradesh also made presentations sharing their best practices. Sh. Ashish Kumar, General Manager concluded the session by proposing the vote of thanks.

Currently, NPS has more than 1.03 crore subscribers with total Asset Under Management (AUM) of more than Rs.1,60,000 crores.

Place: New Delhi
Date: 19.12.2016


Also Check: Central Government Pay Matrix Table 2022 PDF
Related updates:

    Updation of AADHAR Number in PRAN of Subscribers
    PFRDA published press release of the conference on implementation of NPS held on 16.3.2016
    NPS subscribers of Central Government are 14.1% of the total subscribers as Jan 2016
    Total Existing Subscribers in NPS as on March 2019
    Proposed Operational Withdrawal Process For NPS Subscribers
    NPS subscribers can withdraw after three years
    Number of Subscribers Registered Under National Pension System (NPS) has more than Doubled
    New Pension System – Features released recently for NPS Subscribers
    NPS Subscribers: Submit FATCA Self-Certification through Online

Filed Under: New Pension Scheme, NPS

Trending Topics

8th CPC News CSD Online Booking
HRA Cities 2021 Ration Money Allowance
Briefcase Allowance CSD Price List
Notional Increment HP Govt Holidays
Retirement Age 62 KVS MP Quota Admission
KVS Website Link Amavasya Date Calendar
7th CPC ACP Calculator Holiday Home List 2021
ECHS Hospital List DA Latest News 2021
HDFC Holiday 2021 OROP Pension Table
Gujarat RTO Code Latest DoPT Orders 2020
AICTE Pay Matrix Table AC CSD Price List
Mumbai RTO Code Railway Staf Dress Code
TN HRA Revised Rates CEA Format of Certificate
Gratuity Calculator Car Eligibility in CSD
Matrix Table for GDS Finmin Orders 2020
UGC 7th Pay Scale Laboratory Staff Pay Scale
Railway Pay Matrix Table Jaipur CGHS Hospitals
CSD Canteen Mobile Price TN 7th CPC G.O. 303
Pay Scales of 5th & 6th CPC Delhi CGHS Hospital
Karnataka Pay Scale MNS Pay Matrix
Railway Fare Chart Gratuity Calculator

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

7th Pay Commission Latest News for Pensioners Today 2022

Fitment Factor Table PDF
7th CPC Pay Fixation
7th CPC Pension Calculation
7th CPC Pension Fixation Examples
7th CPC Voluntary Retirement Scheme
DA Calculation as per 7th CPC
7th CPC MACP Scheme
7th CPC Children Education Allowance
7th CPC Transport Allowance
7th CPC Increment
7th CPC HRA
7th CPC Classification of Posts
7th CPC Armed Forces Personnel
7th CPC House Building Advance
7th CPC Leave Rules
7th CPC Travelling Allowance
7th CPC LTC Rules
7th CPC Reservation Policy
7th CPC Risk and Hardship Matrix
7th CPC New Pension Scheme
7th Pay Commission Fitment Table
7th CPC Allowances
7th CPC Advances
7th CPC AICPIN
7th CPC Briefcase Allowance
7th Pay Commission CGEGIS
7th CPC Dress Allowance
7th CPC Child Care Leave

Recent Discussions

  • CG on Central Civil Services (Leave Travel concession) Rules, 1988 – Fulfillment of Procedural requirements – Guidelines
  • M.K.KUMAR on MACP Pay Fixation Calculator | 7th CPC MACP Rules
  • mudasir bhat on MACP Pay Fixation Calculator | 7th CPC MACP Rules
  • M.K.KUMAR on DoPT Guidelines on Compassionate Ground Appointment
  • M.K.KUMAR on MACP Pay Fixation Calculator | 7th CPC MACP Rules
  • CHITHRAKALA RAMESAN on 7th CPC Pay as per Revised Pay Rules – Definition
  • Bagavathi on GDS in Post Office: Working on Sundays and Holidays Against leave Vacancies

7th Pay Matrix Table

7th CPC Pay Matrix Table – Full size image for reference
UP Govt Pay Matrix Table PDF Download
Pay Matrix Level 2 (19900): Hand Salary Calculation
7th CPC Pay Matrix Chart for Level 1 to 5 (GP 1800 to 2800)
Pay Matrix Table for Haryana Govt Employees – Level 1 to 5
Rajasthan Pay Matrix Table – Pay Matrix Level 10 to 13
7th CPC Pay Matrix Chart for Level
Pay Matrix Table for Haryana Govt Employees – Level 6 to 9
Rajasthan Pay Matrix Table – Pay Matrix Level 14 to 20
7th CPC Pay Matrix Chart for Level 10 to 12 (GP 5400 to 7600)
Salary Increment Table for Pay Matrix Level 11 (GP 6600)
7th CPC Pay Matrix for IIT, IIS, IIM, NITIE, IISER, NIT and IIIT
7th CPC Pay Matrix Table Level 13, 13A and 14
7th Pay Commission Pay Matrix Level 3
WB 6th Pay Commission Pay Matrix Table
Pay Calculator for Gujarat Govt Employees

CG Office Holiday List

CG Office Holidays 2022 - PDF Download
Bakrid Date 2022 in India
January Calendar 2022 with Holidays and Festivals
February Calendar 2022 with Holidays and Festivals
March Calendar 2022 with Holidays and Festivals
April Calendar 2022 with Holidays and Festivals
May Calendar 2022 with Holidays and Festivals
June Calendar 2022 with Holidays and Festivals
July Calendar 2022 with Holidays and Festivals
August Calendar 2022 with Holidays and Festivals
September Calendar 2022 with Holidays and Festivals
October Calendar 2022 with Holidays and Festivals
November Calendar 2022 with Holidays and Festivals
December Calendar 2022 with Holidays and Festivals
Amavasya Date and Time Calendar 2022

Copyright © 2022 - Central Government Employees News - 7th Pay Commission News - Site maintained by TEUT Digital Concepts