Central Government Employees Latest News

8th Pay Commission Latest News Today, Pay Matrix, Expected DA Rates Table

You are here: Home / NPS / NPS – TTS: Change in Operational Guidelines for NPS Tier 2
7th Pay Commission Salary Calculator January 2025 (55% DA Updated)
January 2025 DA Calculator (55% Confirmed!)
New Rates of House Rent Allowance (Updated 2025)
New Rates of Transport Allowance (Updated 2025)
Central Government First Pay Calculator 2025

NPS – TTS: Change in Operational Guidelines for NPS Tier 2

June 15, 2023 admin Leave a Comment

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 benefits offered by the scheme and changes to the way in which contributions are managed. These changes are designed to make the scheme more accessible and beneficial to those who choose to invest in it.

Pension Fund Regulatory And Development Authority

PFRDA/2021/47/REG-PF/09

Date: 30th November 2021

CIRCULAR

To
CEOs of All Pension Funds

Dear Sir/Madam,

SUBJECT: Change in Operational Guidelines for National Pension Scheme Tier II- Tax Saver Scheme, 2020 (NPS – TTS) -reg.

Reference is invited to the Operational Guidelines for National Pension Scheme Tier II- Tax Saver Scheme, 2020 (NPS – TTS) issued vide File No. PERDA/10/01/1/0003/2018-PDES dated 17th August 2020.

2. In partial modification to the above ‘mentioned guidelines, it has been decided by the Authority to make the following change:

Sl.: 4
Particulars: Investment Choice & Pattern
Existing guideline/provision: Investment limit: Cash/ Money Market/ Liquid MFs – Upto 5%
Revised guideline/provision: Investment limit: Cash/Money Market/ Liquid MFs – Upto 10%

3. Further, the above exposure norm shall not be applicable till the scheme corpus is below Rs. 5 Crores.

4. Subject to the aforementioned revision, all other terms and conditions as contained in the aforementioned guidelines shall remain unchanged. All Pension funds are called upon to note these changes and ensure necessary compliance.

5. This circular is issued in exercise of powers of the Authority under Sub-clause (b) of sub-section (2) of Section 14 read with Section 23 of the PFRDA Act, 2013 and sub-regulation (1) of Regulation 14 of PEFRDA (Pension Fund) Regulations, 2015 as amended from time to time.

6. The revision shall be effective from the date of this circular.

Yours Sincerely,

sd/-
(A. K. Soni)
Executive Director

Click to view the order in PDF Format

NPS to OPS

What is the change in the investment limit for Cash/ Money Market/ Liquid MFs in NPS Tier 2?

The existing guideline stated an investment limit of up to 5% for Cash/ Money Market/ Liquid MFs in NPS Tier 2. The revised guideline now allows an investment limit of up to 10%

Why was the investment limit increased for Cash/ Money Market/ Liquid MFs in NPS Tier 2?

The change in the operational guidelines aims to provide more flexibility and options for NPS Tier 2 investors by increasing the investment limit for Cash/ Money Market/ Liquid MFs.

How does this change affect NPS Tier 2 investors?

NPS Tier 2 investors can now allocate a higher percentage of their investments to Cash/ Money Market/ Liquid MFs, which may be beneficial for those seeking lower-risk options or short-term liquidity.

Are there any other changes to the operational guidelines for NPS Tier 2?

The change in investment limit for Cash/ Money Market/ Liquid MFs is the only update to the operational guidelines for NPS Tier 2 mentioned at this time.

When does this change in the operational guidelines come into effect?

The revised guideline allowing an investment limit of up to 10% for Cash/ Money Market/ Liquid MFs in NPS Tier 2 is effective immediately.

No related posts.

Filed Under: NPS, NPS to OPS, PFRDA

Leave a Reply Cancel reply

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

Online Calculators

  • 7th Pay Commission Salary Calculator January 2025 (55% DA Updated)
  • Expected DA from July 2025 Calculator
  • Pay Scale Conversion Calculator
  • 7th CPC Increment Calculator 2025
  • KVS PGT, TGT, PRT Teacher Salary Calculator 2025
  • Bonus Calculator for CG Employees 2025
  • CGEGIS Savings Fund Benefit Calculator Updated 2025
  • Central Government First Pay Calculator 2025
  • Retirement Date Calculator for CG Employees
  • DA Arrears Calculator January 2025 (55% Updated)
  • Commutation Factor Value of Pension Calculator
  • Leave Encashment of CG Employees Calculator
  • HRA Income Tax Exemption Calculator for Salaried Employees
  • 7th CPC Pension and Arrears Calculator
  • Fixation of Pay on Promotion Calculator as per FR 22(I)(a)(1)
  • 7th CPC Pay Calculator for Teachers in Universities and Colleges
  • 18 Months DA Arrears Calculator for CG Employees
  • 18 Months DA Arrears Calculator for CG Pensioners
  • 7th CPC TA & DA Calculator
  • Government Pension Calculator 2025
  • CPSE (IDA Pay Scale) Salary Calculator
  • DA Amount Calculator Online 2024
  • Dearness Relief (DR) Calculator for Pensioners
  • Expected January 2024 IDA Calculator for BSNL Employees
  • Expected IDA Calculator from April 2024 for CPSE Employees
  • GPF Interest Rate Calculator
  • HRA Online Calculator
  • LTC Cash Voucher Scheme Calculator
  • Option Calculator for Promotion or MACP to Switch over to 7th CPC
  • OROP Arrears Calculator for Defence Pensioners
  • Simple Online New & Old Regime Income Tax Calculator

State Govt Calculators

  • Maharashtra Govt 7th Pay Commission Calculator
  • Karnataka Pension and Family Pension Calculator
  • Option for Fixation Calculator for Tamil Nadu Govt Employees
  • Pay Calculator for Jammu & Kashmir Govt Employees
  • Pay Scale Calculator for Karnataka Govt Employees
  • Rajasthan Employees Pay Matrix Calculator
  • Tamil Nadu Govt Employees Pay Calculator
  • WB 6th Pay Commission Revised Pay Calculator

Top Pages

  • Pay Matrix Table for Central Government Employees
  • 7th CPC DA Calculation Table 2016 to 2025
  • DA Rates Table 2025 | Current DA Rate 53%
  • CSD Price List 2025: Car, Bike, Scooter, AC, TV, WM and Fridge
  • Kendriya Vidyalaya Fee Structure 2025-26
  • Kendriya Vidyalaya Balvatika School Admission Form 2025-26
  • 7th CPC Briefcase Allowance 2025

8th Pay Commission News

  • Latest 8th Pay Commission News Date, Salary Slab, Pay Scale Calculator
  • Expected 8th Pay Commission Pay Matrix Table

Latest Discussions

  • Manoj Kumar on Clarification on MACP Grade Pay 4200 to 4600 Inspector Posts
  • M K KUMAR on Gratuity ceiling raised to 20 Lakhs w.e.f. 29.3.2018
  • M K KUMAR on Clarification on MACP Grade Pay 4200 to 4600 Inspector Posts
  • Meena on KV School Contractual Teachers | Consolidated Pay and Qualification for all Posts 2025-26
  • dilip yadaav on 7th CPC MACP APAR Benchmark Grading System
  • A V FERNANDEZ on 7th CPC Pay Fixation on Promotion Calculator with Matrix Table 2025
  • Harpreet Singh on Gratuity ceiling raised to 20 Lakhs w.e.f. 29.3.2018
  • Thirumalesh C on Clarification on MACP Grade Pay 4200 to 4600 Inspector Posts
  • M K KUMAR on Karnataka Pension and Family Pension Calculator
  • M K KUMAR on Karnataka Pension and Family Pension Calculator
Copyright © 2023 | Central Government Employees News | 7th Pay Commission News | Sitemap | Site maintained by TEUT Digital Concepts