Defined Contribution Pension Scheme (National Pension System) (Salient Features) The National Pension System works on defined contribution basis and will have two tiers - Tier-I and II. Contribution to Tier-I is mandatory for all Government servants joining Government service on or after 1-1-2004 (except the armed forces in the first stage), whereas Tier-II will be … [Read more...] about Defined Contribution Pension Scheme (National Pension System) – Salient Features
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New Pension Scheme
Abolition of Contributory Pension Scheme
Not Possible to Revert Back to Old Pension Scheme It is not possible for the government to revert back to old pension scheme - Minister replied in Parliament on 24.7.2018 Abolition of Contributory Pension Scheme Representations have been received from various Associations of Government Employees on the problems being faced and the demand to withdraw the National Pension … [Read more...] about Abolition of Contributory Pension Scheme
BPMS: Grant of Minimum Guaranteed Pension under NPS
BPMS: Grant of Minimum Guaranteed Pension under NPS The Central Government had introduced the National Pension System (NPS) with effect from 1 January, 2004 (except for armed forces). During the budget session of 2003-2004 the Government announced introduction of the "New Defined Contribution Pension Scheme" then known as the New Pension Scheme. It was formally notified vide … [Read more...] about BPMS: Grant of Minimum Guaranteed Pension under NPS
NFIR: Exemption of Railway employees appointed on or after 01.01.2004 from the purview of National Pension System (NPS)
NFIR: Exemption of Railway employees appointed on or after 01.01.2004 from the purview of National Pension System (NPS) Government of India (BHARAT SARKAR) Ministry of Railways (RAIL MANTRALAYA) (RAILWAY BOARD) No.2012/F(E)III/1(1)/4-Pt. New Delhi, dated 13/02/2018 The General Secretary, NFIR, 3, Chelmsford Road, New Delhi - 110055 Dear Sir, Sub : Exemption of … [Read more...] about NFIR: Exemption of Railway employees appointed on or after 01.01.2004 from the purview of National Pension System (NPS)
Age Limit for NPS
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 by PFRDA, a total of 1056 … [Read more...] about Age Limit for NPS
New Contributory Pension Scheme setting up of the Committee
NPS Committee Report Finalised and Submitted to Govt - NC JCM Staff Side "New Contributory Pension Scheme setting up of the Committee - report" Shiva Gopal Mishra Secretary Ph: 23382286 National Council (Staff Side) Joint Consultation, Machinery For Central Government Employees 13-C, Ferozshah Road, New Delhi - 110001 E.Mail : [email protected]. No. … [Read more...] about New Contributory Pension Scheme setting up of the Committee
Exemption of Railways from New Pension Scheme (NPS): NFIR
Exemption of Railways from New Pension Scheme (NPS): NFIR No. IV/NPS/PFRDA BILL / Part I Dated : 11/12/2017 Shri Piyush Goyal, Hon'ble Minister of Railways, Rail Bhavan, New Delhi Respected Sir, Sub : Exemption of Railways from New Pension Scheme (NPS) – reg. Ref (i) Hon'ble MR's D.O. No. 2012/F(E)III/1/4-Pt dated 29th March 2014 to Hon'ble Finance Minister, … [Read more...] about Exemption of Railways from New Pension Scheme (NPS): NFIR
Additional benefit on death/disability of Government servant covered by New Pension System
Additional benefit on death/disability of Government servant covered by NPS "It is once again reiterated that the aforesaid instructions may be followed scrupulously and to review all the cases for ensuring the payment of family pension, disability pension and extra-ordinary pension to the NPS subscribers in case of death/disability" GOVERNMENT OF INDIA (BHARAT … [Read more...] about Additional benefit on death/disability of Government servant covered by New Pension System
Dispensing with the requirement of submission of physical application form in case of NPS account being opened on Aadhaar verification followed by e-Signature
Pension Fund Regulatory and Development Authority circular regarding opening of NPS account with Aadhaar Card. PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, Chhatrapati Shivaji Bhawan Qutab Institutional Area, Katwaria Sarai, New Delhi-110016 Phone : 011-26517503 Fax: 011-26517507 Website : www.pfrda.org.in Dispensing with the requirement of submission of … [Read more...] about Dispensing with the requirement of submission of physical application form in case of NPS account being opened on Aadhaar verification followed by e-Signature
Submission of Pre-budget Views of Central Government Employees – Confederation
Submission of Pre-budget Views of Central Government employees for consideration and inclusion in the Central Budget for the year 2017-18 - Request - Regarding REF: CONFDN/BUDGET/2016-17 DATED -12-2016 To, Shri. Arun Jaitley, Hon'ble Finance Minister, Government of India, North Block, New Delhi - 110001 Sub: Submission of Pre-budget Views of Central Government … [Read more...] about Submission of Pre-budget Views of Central Government Employees – Confederation
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