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New Pension Scheme : Analysis of the Issues by the 7th Pay Commission

New Pension Scheme : Analysis of the Issues by the 7th Pay Commission 10.3.12 The Commission has examined these concerns raised by the stakeholders. The Commission also interacted with Chairman, PFRDA, and representatives of the Department of Pensions and Pensioners Welfare (DPPW), Department of Personnel and Training (DoPT), Department of Expenditure (DoE) and the Department … Read more

New Pension Scheme : Clarification of Deferred withdrawal of lump sum – PFRDA

New Pension Scheme : Clarification of Deferred withdrawal of lump sum – PFRDA PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY 1st Floor, ICADR Building, Plot No. 6, Vasant Kunj Institutional Area, Phase – II, New Delhi – 110070 CIRCULAR PFRDA/2015/24/EXITS/1 October 29, 2015 To, NPS Trust, All POP’s, Aggregators, CRA,CentraI, State Governments and All Subscribers Dear … Read more

Exemption from National Pension System (NPS) of Railway employees 

Exemption of Railway employees from New Pension Scheme/National Pension System (NPS) – NFIR writes to Railway Board on 24th October 2015 NFIR National Federation of Indian Railwaymen No. IV/NPS/PFRDA BILL/Part I Dated : 24/10/2015 The Suresh Prabhu, Hon’ble Minister for Railways (Railway Board) Rail Bhavan New Delhi Sub: Exemption of Railway employees from New Pension … Read more

Exempting Railway employees from the NPS and also consider OROP – NFIR

Exempting Railway employees from the NPS and also consider OROP – NFIR NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD,NEW DELHI – 110 055 Affiliated to: Indian National Trade Union Congress (INTUC) International Transport Workers’ Federation (ITF) No.IV/NPS/PFRDA BILL Dated: 06-09-2015 Shri Narendra Modi, Hon’ble Prime Minister of India South Block, Raisina Hills, New … Read more

Draf Regulations for Retirement Advisers – PFRDA

Draf Regulations for Retirement Advisers – PFRDA Pension Fund Regulatory and Development Authority is in the process of drafting regulations for Retirement Advisers. Towards this end, the Authority has prepared a Concept Note which is being placed on the website of PFRDA for Stakeholders and public comments. Concept Note on Introduction of Retirement Adviser The detailed note under … Read more

Employees Under the Employees Provident Fund(EPF) to be Provided two Options

Employees Under the Employees Provident Fund(EPF) to be Provided two Options The Union Finance Minister Shri Arun Jaitley has announced that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options. Firstly, the employee may opt for EPF or the New Pension Scheme (NPS). Secondly, for employees below a certain … Read more

Central Trade Unions submits Joint Memorandum including DA Merger and 5 Lakh IT Exemption to Finance Minister

Central Trade Unions submits Joint Memorandum including DA Merger and 5 Lakh IT Exemption to Finance Minister CENTRAL TRADE UNIONS SUBMITS JOINT MEMORANDUM TO FINANCE MINISTER 17th January 2015 The Hon’ble Minister of Finance, Govt. of India, North Block, New Delhi Dear Sir, We thank you for inviting the central trade unions representing the working … Read more

Number of Subscribers Registered Under National Pension System (NPS) has more than Doubled

Number of Subscribers Registered Under National Pension System (NPS) has more than Doubled Number of Subscribers Registered Under National Pension System (NPS) has more than Doubled Since April 2012 from about 11.5 Lakh to 23 Lakh: Chairman,Pfrda ; Number of States Joining NPS has Increased from 12 to 26 ; Pfrda Working Towards Notification of … Read more

Government of India is reluctant to consider Merger of DA, Interim relief, scrapping of New Pension Scheme

Government of India is reluctant to consider the long pending legitimate demands of Merger of DA in Pay, Interim relief, scrapping of New Pension Scheme Press release during 90th Annual General Council of AIRF which is being held at Hubli on 18-20.11.2014. Shri Mishra also stressed that the Government of India is reluctant to consider … Read more

GConnect has published an article titled, ‘NPS is far beneficial than Government Pension’

Comparison of New Pension Scheme (National Pension Scheme) GConnect has published an article titled, ‘NPS is far beneficial than Government Pension’ – Comparison of New Pension Scheme (National Pension Scheme) and Central Government Pension A very popular website among Central Government employees, GConnect, which began functioning more than 8 years ago, continues to be a … Read more