Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber

Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber  PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY 2nd April, 2014 PFRDA/2013/17 /PDEX/10 Subject: Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber In partial modification to circular no. PFRDA/2013/17 /PDEX/10 issued on 23rd October, the ‘request form’ is being replaced with ‘request cum … [Read more...]

Withdrawal of New Pension Scheme- NFIR submitted Justification report to Railway Board

Withdrawal of New Pension Scheme- NFIR submitted Justification report to Railway Board Following the All Indian Railwaymen's Federation, National Federation of Indian Railwaymen (NFIR) has now submitted the justification report of withdrawal of New Pension Scheme in the Raiways. NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD, NEW DELHI -110055 No. IV/NPS/PFRDA Bill Dated: 21/02/2014 The Executive Dircctor/IR Railway Board New Delhi. Madam, Sub:- Withdrawal of … [Read more...]

Scrap NPS – AIRF sent necessary material/justification to Finance Ministry

Scrap NPS - AIRF sent necessary material/justification to Finance Ministry Appreciation from all category of employees working under New Pension Scheme, one of the major federation in Railways, AIRF submitted material / justification to scrap New Pension Scheme to Finance Ministry. These justification materials has sent to Finance Minister through the Minister for Railways. Following the action, all employees working in various Central Government Ministries and Departments are expected to … [Read more...]

NPS News – PROPOSED OPERATIONAL WITHDRAWAL PROCESS FOR NPS SUBSCRIBERS

PROPOSED OPERATIONAL WITHDRAWAL PROCESS FOR NPS SUBSCRIBERS Exposure Draft on Operational Withdrawal Process-Request for feedback/comments from Public and All concerned PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY EXPOSURE DRAFT ON PROPOSED OPERATIONAL WITHDRAWAL PROCESS FOR NPS SUBSCRIBERS Issued on: 26th December, 2013 Last date to accept Comments: 31st January, 2014 In order to provide an efficient and system driven withdrawal process to NPS subscribers, PFRDA is proposing the … [Read more...]

NPS was implemented in respect of Delhi Cantonment Board employees from 01.04.2011…

NPS was implemented in respect of Delhi Cantonment Board employees from 01.04.2011... Pending amount under NPS with Delhi Cantt. Board 94 employees joined service in Delhi Cantonment Board on or after 01.01.2004 and are covered under New Pension Scheme (NPS). However, NPS was implemented in respect of Cantonment Board employees from 01.04.2011 after obtaining approval of the Central Government. All employees have been covered under Tier-I scheme. Tier-II scheme is optional and no … [Read more...]