NPS to OPS: Old Pension Scheme will be restored by AAP Govt. in National Capital New Contributory Pension System (NPS) As per the media news, Delhi CM Arvind Kejriwal announced that the old pension scheme will be restored by AAP government in national capital. (Updated on 28.11.2018) Resolution adopted by the Legislative Assembly of NCT … Read more
New Pension System (NPS) – NC JCM Staff Side “Demand of the NC/JCM has always been to restore the “Defined Pension/Family Pension Scheme” Shiva Gopal Mishra Secretary National Council (Staff Side) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi – 110001 E-Mail : nc.jcm.np@gmail.com No.NC/JCM/2018 Dated: May 17, 2018 The Cabinet … Read more
NPS Subscribers: Submit FATCA Self-Certification through Online Foreign Account Tax Compliance Act (FATCA) and Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) Ministry of Finance Pension Fund Regulatory and Development Authority prescribes New NPS Subscriber Registration Form – Additional Mandatory Requirements Pension Fund Regulatory and Development Authority (PFRDA) has been established by the … Read more
NPS Subscribers: Know your FATCA Compliant Status Click here to Know your FATCA Compliant Status Online Submission of FATCA Self-Certification Subscribers registered on or after July 1, 2014 are mandatorily required to submit FATCA Self–certification Please follow the steps given below for online Self-Certification: Log-in to your NPS account (please visit www.cra-nsdl.com) Click on sub … Read more
Scrapping of New Pension Scheme Representations have been received regarding the implementation of National Pension System (NPS) which, inter alia, include demand that NPS may be scrapped and the Government may re-introduce old defined benefit pension system. Government has made a conscious move to shift from the defined benefit pay-as-you-go pension scheme to defined contribution … Read more
Major Changes in NPS including Withdrwal Norms Three major changes in the National Pension Scheme (NPS) including withdrawal norms Relaxation of Norms for NPS The Government of India has recently made three changes in the National Pension Scheme (NPS) including withdrawal norms. The details are as under: Partial withdrawal during the service: The Pension Fund … Read more
Age Limit for NPS Vide PFRDA (Exits and Withdrawals from National Pension System) Second Amendment Regulations, 2017, dated 6th October, 2017, the Pension Fund Regulatory and Development Authority (PFRDA) has permitted any Indian citizen who is in the age group of 18-65 years to join the National Pension System (NPS) on voluntary basis. As informed … Read more
Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS – Private Sector In continuance of the several initiatives under taken by Pension Fund Regulatory and Development Authority (PFRDA) during the last few years to increase the pension coverage in the country, PFRDA has now increased … Read more
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
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