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	<title>New Pension System Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS</title>
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	<item>
		<title>Option to receive payments in the event of the Subscriber&#8217;s death, invalidation, or disability while in service &#8211; Rule 10 of the CCS NPS Rules 2021</title>
		<link>https://centralgovernmentnews.com/option-to-receive-payments-in-the-event-of-the-subscribers-death-invalidation-or-disability-while-in-service-rule-10-of-the-ccs-nps-rules-2021/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 29 Apr 2021 10:35:49 +0000</pubDate>
				<category><![CDATA[Pension]]></category>
		<category><![CDATA[New Pension Scheme]]></category>
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					<description><![CDATA[<p>Option to receive payments in the event of the Subscriber&#8217;s death, invalidation, or disability while in service &#8211; Rule 10 of the CCS NPS Rules 2021 Option to avail benefits on death or invalidation or disability of Subscriber during service – Rule 10 of Central Civil Services (Implementation of National Pension System) Rules, 2021 MINISTRY [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/option-to-receive-payments-in-the-event-of-the-subscribers-death-invalidation-or-disability-while-in-service-rule-10-of-the-ccs-nps-rules-2021/">Option to receive payments in the event of the Subscriber&#8217;s death, invalidation, or disability while in service &#8211; Rule 10 of the CCS NPS Rules 2021</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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<p>Option to receive payments in the event of the Subscriber&#8217;s death, invalidation, or disability while in service &#8211; Rule 10 of the CCS NPS Rules 2021</p>



<p>Option to avail benefits on death or invalidation or disability of Subscriber during service – Rule 10 of Central Civil Services (Implementation of National Pension System) Rules, 2021</p>



<p class="has-text-align-center">MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS<br />(Department of Pension and Pensioners’ Welfare)</p>



<p class="has-text-align-center">NOTIFICATION</p>



<p class="has-text-align-center">New Delhi, the 30th March, 2021</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/04/option-to-avail-benefits-on-death-or-invalidation-or-disability-of-subscriber-during-service-rule-10-of-ccs-nps-rules-2021-300x156-1.jpg"><img decoding="async" src="https://centralgovernmentnews.com/wp-content/uploads/2021/04/option-to-avail-benefits-on-death-or-invalidation-or-disability-of-subscriber-during-service-rule-10-of-ccs-nps-rules-2021-300x156-1.jpg" alt="Option to receive payments in the event of the Subscriber's death, invalidation, or disability while in service - Rule 10 of the CCS NPS Rules 2021" class="wp-image-35017" width="300" height="156"/></a></figure></div>



<p>10.&nbsp;<strong>Option to avail benefits on death or invalidation or disability of Subscriber during service</strong>. – (1) Every Government servant covered under the National Pension System shall, at the time of joining Government service, exercise an option in Form 1 for availing benefits under the National Pension System or under the Central Civil Service (Pension) Rules, 1972 or the Central Civil Service (Extraordinary Pension) Rules, 1939 in the event of his death or boarding out on account of disablement or retirement on invalidation. Government servants, who are already in Government service and are covered by the National Pension System, shall also exercise such option as soon as possible after the notification of these rules.</p>



<p>(2) The option shall be exercised to the Head of Office who will accept the same after verifying all the facts submitted therein and place it in the service book. A copy of the option shall be forwarded by the Head of Office to the Central Recordkeeping Agency through the Drawing and Disbursing Officer and the Pay and Accounts Officer for their record. The Pay and Accounts Officer shall also make suitable entry in the online system indicating the details regarding the option exercised by the Government servant.</p>



<p>(3) (a)(i)Every Government servant shall, along with the option in Form 1, also submit details of family in Form 2 to the Head of Office;</p>



<p>(ii) If the Government servant has no family, he shall furnish the details in Form 2 as soon as he acquires a family.</p>



<p>(b) The Government servant shall communicate to the Head of Office any subsequent change in the size of his family, including the fact of marriage of his child.</p>



<p>(c) As and when a disability referred to in the proviso to sub-rule (6) of rule 54 of the Central Civil Service (Pension) Rules, 1972 manifests itself in a child which makes him unable to earn his living, the fact shall be brought to the notice of the Head of Office duly supported by a Medical Certificate from a Medical Officer, not below the rank of a Civil Surgeon. This may be indicated in Form 2 by the Head of Office. As and when the claim for family pension arises, the legal guardian of the child may make an application supported by a fresh medical certificate from a Medical Officer, not below the rank of Civil Surgeon, that the child still suffers from the disability.</p>



<p>(d)(i) The Head of Office shall, on receipt of the Form 2, acknowledge receipt of the Form 2 and all further communications received from the Government servant in this behalf, countersign it indicating the date of receipt and get it pasted on the service book of the Government servant concerned;</p>



<p>(ii) The Head of Office on receipt of communication from the Government servant regarding any change in the size of family shall incorporate such a change in Form 2.</p>



<p>(4)(i) The option exercised under sub-rule (1), may be revised at any number of times by the Subscriber before his retirement by making a fresh option intimating his revised option to the Head of Office. On receipt of the revised option, the Head of Office and the Pay and Accounts Officer shall take further action as mentioned in sub-rule (2);</p>



<p>(ii) A Subscriber who is discharged on invalidation or disability shall be given an opportunity to submit a fresh option at the time of such discharge;</p>



<p>(iii) Where such Subscriber does not exercise a fresh option or is not in a position to exercise fresh option at the time of discharge, the option already exercised by the Subscriber shall become operative;</p>



<p>(iv) Where no option was exercised by the Subscriber and the Subscriber is not in a position to exercise an option at the time of discharge, his case will be regulated in accordance with sub-rule (6).</p>



<p>(5) In the case of death of a Subscriber while in service, the last option exercised by the deceased Subscriber before his death shall be treated as final and the family shall have no right to revise the option.</p>



<p>(6)(i) Where a Subscriber who did not exercise an option under sub-rule (1) and dies before completion of service of fifteen years or within three years of the notification of these rules, his family will be granted family pension in accordance with the provisions of the Central Civil Services (Pension) Rules, 1972 or the Central Civil Services (Extraordinary Pension) Rules,1939 as the case may be, as a default option;</p>



<p>(ii) Where a Subscriber is discharged from Government service on invalidation or disability before completion of service of fifteen years or within three years of the notification of these rules without exercising an option under subrule (1), and is also not in a position to exercise an option at the time of discharge, he will be granted invalid pension or disability pension in accordance with the provisions of the Central Civil Services (Pension) Rules, 1972 or theCentral Civil Services (Extraordinary Pension) Rules,1939 as the case may be, as default option;</p>



<p>(iii) In all other cases, where no option was exercised by the Subscriber, the claim of the Subscriber on discharge from the service and that of the family on death of the Subscriber, shall be regulated in accordance with the Pension Fund Regulatory and Development Authority (Exits and Withdrawals under National Pension System) Regulations, 2015, as default option.</p>



<p>(7) In cases where the option exercised by the deceased Subscriber in accordance with sub-rule (1) or the default option in accordance with sub-rule (6) for benefit under the Central Civil Services (Pension) Rules, 1972 or the Central Civil Services (Extraordinary Pension) Rules, 1939 becomes infructuous on account of non-availability of an eligible member of the family for grant of family pension under the Central Civil Services (Pension) Rules, 1972 or the Central Civil Services (Extraordinary Pension) Rules, 1939, such option would be deemed to have become invalid and the benefits admissible under the National Pension System shall be granted to the legal heir(s) of the employee in accordance with the Pension Fund Regulatory and Development Authority (Exits and Withdrawals under National Pension System) Regulations, 2015.</p>
<p>The post <a href="https://centralgovernmentnews.com/option-to-receive-payments-in-the-event-of-the-subscribers-death-invalidation-or-disability-while-in-service-rule-10-of-the-ccs-nps-rules-2021/">Option to receive payments in the event of the Subscriber&#8217;s death, invalidation, or disability while in service &#8211; Rule 10 of the CCS NPS Rules 2021</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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			</item>
		<item>
		<title>Investment of Accumulated Pension Funds &#8211; CCS (NPS Implementation) Rules, 2021</title>
		<link>https://centralgovernmentnews.com/investment-of-accumulated-pension-funds-ccs-nps-implementation-rules-2021/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 29 Apr 2021 10:22:21 +0000</pubDate>
				<category><![CDATA[NPS]]></category>
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					<description><![CDATA[<p>Investment of Accumulated Pension Funds &#8211; CCS (NPS Implementation) Rules, 2021 Investment of the Accumulated Pension Corpus – Rule 9 of Central Civil Services (Implementation of National Pension System) Rules, 2021 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pensioners’ Welfare) NOTIFICATION New Delhi, the 30th March, 2021 9. Investment of the Accumulated [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/investment-of-accumulated-pension-funds-ccs-nps-implementation-rules-2021/">Investment of Accumulated Pension Funds &#8211; CCS (NPS Implementation) Rules, 2021</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>Investment of Accumulated Pension Funds &#8211; CCS (NPS Implementation) Rules, 2021</p>



<p>Investment of the Accumulated Pension Corpus – Rule 9 of Central Civil Services (Implementation of National Pension System) Rules, 2021</p>



<p class="has-text-align-center">MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS<br />(Department of Pension and Pensioners’ Welfare)</p>



<p class="has-text-align-center">NOTIFICATION</p>



<p class="has-text-align-center">New Delhi, the 30th March, 2021</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/04/investment-of-the-accumulated-pension-corpus-rule-9-of-nps-rules-2021.jpg"><img decoding="async" src="https://centralgovernmentnews.com/wp-content/uploads/2021/04/investment-of-the-accumulated-pension-corpus-rule-9-of-nps-rules-2021.jpg" alt="Investment of Accumulated Pension Funds - CCS (NPS Implementation) Rules, 2021" class="wp-image-35014" width="300" height="156"/></a></figure></div>



<p><strong>9. Investment of the Accumulated Pension Corpus.</strong> – The Accumulated Pension Corpus in respect of a Subscriber shall be invested by such pension fund or funds and in such manner as may be notified by the Authority.</p>
<p>The post <a href="https://centralgovernmentnews.com/investment-of-accumulated-pension-funds-ccs-nps-implementation-rules-2021/">Investment of Accumulated Pension Funds &#8211; CCS (NPS Implementation) Rules, 2021</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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			</item>
		<item>
		<title>2021 Central Civil Services (Implementation of National Pension System) Rules, Rule 8: Interest on Overdue Deposits</title>
		<link>https://centralgovernmentnews.com/2021-central-civil-services-implementation-of-national-pension-system-rules-rule-8-interest-on-overdue-deposits/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 29 Apr 2021 10:11:56 +0000</pubDate>
				<category><![CDATA[NPS]]></category>
		<category><![CDATA[New Pension Scheme]]></category>
		<category><![CDATA[New Pension System]]></category>
		<category><![CDATA[NPS Rule 2021]]></category>
		<guid isPermaLink="false">https://centralgovernmentnews.com/?p=35010</guid>

					<description><![CDATA[<p>2021 Central Civil Services (Implementation of National Pension System) Rules, Rule 8: Interest on Overdue Deposits Interest on delayed deposit of contributions- Rule 8 of Central Civil Services (Implementation of National Pension System) Rules, 2021 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pensioners’ Welfare) NOTIFICATION New Delhi, the 30th March, 2021 8. [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/2021-central-civil-services-implementation-of-national-pension-system-rules-rule-8-interest-on-overdue-deposits/">2021 Central Civil Services (Implementation of National Pension System) Rules, Rule 8: Interest on Overdue Deposits</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>2021 Central Civil Services (Implementation of National Pension System) Rules, Rule 8: Interest on Overdue Deposits</p>



<p>Interest on delayed deposit of contributions- Rule 8 of Central Civil Services (Implementation of National Pension System) Rules, 2021</p>



<p class="has-text-align-center">MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS<br />(Department of Pension and Pensioners’ Welfare)</p>



<p class="has-text-align-center">NOTIFICATION</p>



<p class="has-text-align-center">New Delhi, the 30th March, 2021</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/04/interest-on-delayed-deposit-of-contributions-rule-8-of-nps-rules-2021.jpg"><img decoding="async" src="https://centralgovernmentnews.com/wp-content/uploads/2021/04/interest-on-delayed-deposit-of-contributions-rule-8-of-nps-rules-2021.jpg" alt="2021 Central Civil Services (Implementation of National Pension System) Rules, Rule 8: Interest on Overdue Deposits" class="wp-image-35011" width="300" height="156"/></a></figure></div>



<p><strong>8. Interest on delayed deposit of contributions</strong>. – (1) In case of delay, due to factors not attributable to the Subscriber, in,-</p>



<p>(i) commencement of monthly contributions on account of delay in registration of the Subscriber in the National Pension System beyond the time limits prescribed in rule 4; or</p>



<p>(ii) deduction of monthly contribution from the salary of the Subscriber or crediting to his Individual Pension Account beyond the time limit prescribed in rule 6; or</p>



<p>(iii) crediting of the monthly contributions by the Government to the Individual Pension Account of the Subscriber beyond the time limit prescribed in rule 7,</p>



<p>the amount of contribution may be credited to the Individual Pension Account of the Subscriber along with interest for the delayed period. The interest shall be credited to the Individual Pension Account of the employee within a period of thirty days of the crediting of the amount of contribution. The rate of interest for this purpose would be the rate of interest, as decided by the Government from time to time, for the Public Provident Fund deposits :</p>



<p>Provided that the rate of interest applicable for the period from 1st January, 2004 to 31st December, 2012 shall be as notified by Department of Financial Services in its Notification F. No. 1/3/2016-PR dated 31st January, 2019 and by Department of Expenditure in its Office Memorandum No. 1(21)/EV/2018 dated 12th April, 2019.</p>



<p>(2)(i) Every case of delay in registration of the Subscriber in the National Pension System or commencement of contributions under rule 4 or deduction and crediting of monthly contribution of the Subscriber under rule 6 or crediting of monthly contribution by the Government in the Individual Pension Account of the Subscriber under rule 7 shall be examined by the Head of Department or Chief Controller of Accounts for fixation of responsibility;</p>



<p>(ii) If the Head of Department or Chief Controller of Accounts is satisfied that the delay is caused on account of administrative lapse, the delinquent official or officials shall be liable to pay the amount of pecuniary loss to the Government on account of payment of interest;</p>



<p>(iii) The responsibility and the amount of liability on the part of the delinquent official or officials shall be determined in the same manner as in the case of delayed deduction or remittance of Tax Deduction at Source under Section 201(IA) of the Income-tax Act, 1961. This will be without prejudice to any disciplinary action which the disciplinary authority may propose to take against the official or officials responsible for the administrative lapse in this respect.</p>
<p>The post <a href="https://centralgovernmentnews.com/2021-central-civil-services-implementation-of-national-pension-system-rules-rule-8-interest-on-overdue-deposits/">2021 Central Civil Services (Implementation of National Pension System) Rules, Rule 8: Interest on Overdue Deposits</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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			</item>
		<item>
		<title>Government contribution-Rule 7 of the Central Civil Services (Implementation of the National Pension System) Rules, 2021</title>
		<link>https://centralgovernmentnews.com/government-contribution-rule-7-of-the-central-civil-services-implementation-of-the-national-pension-system-rules-2021/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 29 Apr 2021 08:00:34 +0000</pubDate>
				<category><![CDATA[Pension]]></category>
		<category><![CDATA[New Pension Scheme]]></category>
		<category><![CDATA[New Pension System]]></category>
		<category><![CDATA[NPS Rule 2021]]></category>
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					<description><![CDATA[<p>Government contribution-Rule 7 of the Central Civil Services (Implementation of the National Pension System) Rules, 2021 Contribution by the Government- Rule 7 of Central Civil Services (Implementation of National Pension System) Rules, 2021 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pensioners’ Welfare) NOTIFICATION New Delhi, the 30th March, 2021 7. Contribution by [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/government-contribution-rule-7-of-the-central-civil-services-implementation-of-the-national-pension-system-rules-2021/">Government contribution-Rule 7 of the Central Civil Services (Implementation of the National Pension System) Rules, 2021</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>Government contribution-Rule 7 of the Central Civil Services (Implementation of the National Pension System) Rules, 2021</p>



<p>Contribution by the Government- Rule 7 of Central Civil Services (Implementation of National Pension System) Rules, 2021</p>



<p class="has-text-align-center">MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS<br />(Department of Pension and Pensioners’ Welfare)</p>



<p class="has-text-align-center">NOTIFICATION</p>



<p class="has-text-align-center">New Delhi, the 30th March, 2021</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/04/contribution-by-the-government-rule-7-of-nps-rules-2021.jpg"><img loading="lazy" decoding="async" src="https://centralgovernmentnews.com/wp-content/uploads/2021/04/contribution-by-the-government-rule-7-of-nps-rules-2021.jpg" alt="Government contribution-Rule 7 of the Central Civil Services (Implementation of the National Pension System) Rules, 2021" class="wp-image-35008" width="300" height="156"/></a></figure></div>



<p><strong>7. Contribution by the Government.</strong>&nbsp;– (1) The Government shall make contribution of fourteen per cent or such other percentage as may be notified from time to time, of the emoluments of a Government servant to the Individual Pension Account of the Subscriber every month. The amount of contribution payable shall be rounded off to the next higher rupee :</p>



<p>Provided that in cases where the leave is granted to the Subscriber on medical ground or due to his inability to join or rejoin duty on account of civil commotion; or for pursuing higher studies considered useful in discharge of his official duty,</p>



<p>and during such leave, leave salary is not payable or is payable at a rate which is less than full pay, the Government shall make contribution equal to fourteen per cent or such other percentage as may be notified from time to time, of the notional emoluments comprising the amount representing pay and dearness allowance in the leave salary, nonpracticing allowance referred to in rule 5.</p>



<p>(2) Subject to the proviso to sub-rule (1), no contribution shall be made by the Government for the period during which the Subscriber is not required to make contribution in accordance with these rules.</p>



<p>(3) In the case of a Subscriber under suspension, contribution shall be made by the Government on the basis of the emoluments determined by taking into account the subsistence allowance paid to the Subscriber during the period of such suspension :</p>



<p>Provided that no contribution shall be made by the Government during the period of suspension where the Subscriber had opted not to pay his contribution during the said period of suspension :</p>



<p>Provided further that where, in the final orders passed by the Government on conclusion of the inquiry, the period spent under suspension is treated as duty or leave for which leave salary is payable, contributions by the Government to the National Pension System shall be determined based on the emoluments which the Subscriber becomes entitled to for the period of suspension. The difference of the amount of contribution to be deposited by the Government and the amount of contribution already deposited during the period of suspension, shall be credited to the Individual Pension Account of the Subscriber along with interest. The rate of interest for this purpose would be the rate of interest as decided by the Government from time to time for the Public Provident Fund deposits.</p>



<p>(4) Contribution by the Government to the Individual Pension Account during foreign service in India or outside India, including deputation to United Nations’ Secretariat or other United Nations’ Bodies, the International Monetary Fund, the International Bank of Reconstruction and Development, or the Asian Development Bank or the Commonwealth Secretariat or any other International organisation, shall be regulated in accordance with the orders issued by Department of Personnel and Training from time to time and the procedure laid down by the Authority.</p>



<p>(5) The amount of contribution payable shall be rounded off to the next higher rupee.</p>



<p>(6) The provisions regarding time line as applicable in the case of remittance of contribution by the Subscriber would also be applicable for remittance of contribution by the Government. In case there is a delay in crediting of contribution to the Individual Pension Account of the Subscriber beyond the prescribed timeline due to factors not attributable to the Subscriber, the amount shall be credited to the Individual Pension Account of the Subscriber along with interest for the delayed period, as determined in accordance with rule 8.</p>
<p>The post <a href="https://centralgovernmentnews.com/government-contribution-rule-7-of-the-central-civil-services-implementation-of-the-national-pension-system-rules-2021/">Government contribution-Rule 7 of the Central Civil Services (Implementation of the National Pension System) Rules, 2021</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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		<title>Contribution to the National Pension System by Subscribers &#8211; Rule 6 of the CCS (Implementation of NPS) Rules, 2021</title>
		<link>https://centralgovernmentnews.com/contribution-to-the-national-pension-system-by-subscribers-rule-6-of-the-ccs-implementation-of-nps-rules-2021/</link>
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		<pubDate>Thu, 29 Apr 2021 07:51:23 +0000</pubDate>
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					<description><![CDATA[<p>Contribution to the National Pension System by Subscribers &#8211; Rule 6 of the CCS (Implementation of NPS) Rules, 2021 Contribution by the Subscriber to the National Pension System – Rule 6 of Central Civil Services (Implementation of National Pension System) Rules, 2021 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pensioners’ Welfare) NOTIFICATION [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/contribution-to-the-national-pension-system-by-subscribers-rule-6-of-the-ccs-implementation-of-nps-rules-2021/">Contribution to the National Pension System by Subscribers &#8211; Rule 6 of the CCS (Implementation of NPS) Rules, 2021</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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<p>Contribution to the National Pension System by Subscribers &#8211; Rule 6 of the CCS (Implementation of NPS) Rules, 2021</p>



<p>Contribution by the Subscriber to the National Pension System – Rule 6 of Central Civil Services (Implementation of National Pension System) Rules, 2021</p>



<p class="has-text-align-center">MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS<br />(Department of Pension and Pensioners’ Welfare)</p>



<p class="has-text-align-center">NOTIFICATION</p>



<p class="has-text-align-center">New Delhi, the 30th March, 2021</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/04/contribution-by-the-subscriber-to-the-national-pension-system-ccs-implementation-of-nps-rules-2021.jpg"><img loading="lazy" decoding="async" src="https://centralgovernmentnews.com/wp-content/uploads/2021/04/contribution-by-the-subscriber-to-the-national-pension-system-ccs-implementation-of-nps-rules-2021.jpg" alt="Contribution to the National Pension System by Subscribers - Rule 6 of the CCS (Implementation of NPS) Rules, 2021" class="wp-image-35005" width="300" height="156"/></a></figure></div>



<p>6.&nbsp;<strong>Contribution by the Subscriber to the National Pension System</strong>.- (1) The National Pension System shall work on defined contribution basis. A Subscriber shall make a contribution of ten per cent or such other percentage as may be notified from time to time, of his emoluments to the National Pension System every month. The amount of contribution payable shall be rounded off to the next higher rupee.</p>



<p>(2) Contribution may be made by the Subscriber, at his option, during the period of suspension: Provided that where, in the final orders passed by the Government on conclusion of the inquiry, the period spent under suspension is treated as duty or leave for which leave salary is payable, contributions to the National Pension System shall be determined based on the emoluments which the Subscriber becomes entitled to for the period of suspension. The difference of the amount of contribution to be deposited and the amount of contribution already deposited during the period of suspension, shall be credited to the Individual Pension Account of the Subscriber along with interest. The rate of interest for this purpose would be the rate of interest as decided by the Government from time to time for the Public Provident Fund deposits.</p>



<p>(3) No contribution shall be made by the Subscriber during the period of absence from duty (whether on leave or otherwise) for which no pay or leave salary is payable.</p>



<p>(4) During the period of transfer on deputation to a Department or organisation under the Central Government or the State Government, the Subscriber shall remain subject to these rules in the same manner, as if he was not so transferred or sent on deputation and will continue to contribute towards National Pension System based on emoluments worked out in accordance with sub-rule (5) of rule 5.</p>



<p>(5) Contributions in respect of any arrears of salary received by the Subscriber due to retrospective increase shall be treated as the contributions for the month in which the payments are made.</p>



<p>(6) The Subscriber shall contribute toward National Pension System during the period spent under probation.</p>



<p>(7) Deduction and crediting of contributions to the Individual Pension Account during foreign service in India or outside India, including deputation to United Nations’ Secretariat or other United Nations’ Bodies, the International Monetary Fund, the International Bank of Reconstruction and Development, or the Asian Development Bank or the Commonwealth Secretariat or any other International organisation, shall be regulated in accordance with the instructions issued by the Department of Personnel and Training from time to time and the procedure laid down by the Authority.</p>



<p>(8) The Drawing and Disbursing Officer shall deduct the contribution from the salary of the Government servant and send the bill to the Pay and Accounts Officer or Cheque Drawing and Disbursing Officer, as the case may be, along with details of contributions deducted in respect of each Subscriber on or before Twentieth day of each month.</p>



<p>(9) A Subscriber may, at his option, make contribution in excess of the contribution specified in sub-rule (1) in accordance with the procedure laid down by the Authority and the Government.</p>



<p>(10)(i) The Pay and Accounts Officer or the Cheque Drawing and Disbursing Officer, as the case may be, based on the details of contributions in respect of each Subscriber sent by the Drawing and Disbursing Officer to Pay and Accounts Officer or Cheque Drawing and Disbursing Officer under sub-rule (8), shall prepare and upload a Subscription Contribution File and generate a Transaction ID by Twenty- fifth day of each month.</p>



<p>(ii) The Pay and Accounts Officer or the Cheque Drawing and Disbursing Officer, as the case may be, shall remit&nbsp; the contribution to the Trustee Bank through the Accredited Bank by the last working day of each month :</p>



<p>Provided that the contribution for the month of March shall be remitted by the Pay and Accounts Officer or the Cheque Drawing and Disbursing Officer to the Trustee Bank through the Accredited Bank on the first working day of the month of April.</p>



<p>(iii) In case of delay in crediting of contribution to the Individual Pension Account of the Subscriber beyond the prescribed timeline due to factors not attributable to the Subscriber, the amount shall be credited to the Individual Pension Account of the Subscriber along with interest for the delayed period, as determined in accordance with rule 8.</p>
<p>The post <a href="https://centralgovernmentnews.com/contribution-to-the-national-pension-system-by-subscribers-rule-6-of-the-ccs-implementation-of-nps-rules-2021/">Contribution to the National Pension System by Subscribers &#8211; Rule 6 of the CCS (Implementation of NPS) Rules, 2021</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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		<title>2021 Emoluments &#8211; Central Civil Services (Implementation of National Pension System) Rules, Rule 5</title>
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		<pubDate>Thu, 29 Apr 2021 07:33:51 +0000</pubDate>
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					<description><![CDATA[<p>2021 Emoluments &#8211; Central Civil Services (Implementation of National Pension System) Rules, Rule 5 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pensioners’ Welfare) NOTIFICATION New Delhi, the 30th March, 2021 5. Emoluments.&#160;– (1) The expression `emoluments’ for the purpose of determining the amount of mandatory contribution under the National Pension System includes [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/2021-emoluments-central-civil-services-implementation-of-national-pension-system-rules-rule-5/">2021 Emoluments &#8211; Central Civil Services (Implementation of National Pension System) Rules, Rule 5</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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<p>2021 Emoluments &#8211; Central Civil Services (Implementation of National Pension System) Rules, Rule 5</p>



<p class="has-text-align-center">MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS<br />(Department of Pension and Pensioners’ Welfare)</p>



<p class="has-text-align-center">NOTIFICATION</p>



<p class="has-text-align-center">New Delhi, the 30th March, 2021</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/04/emoluments-central-civil-services-implementation-of-national-pension-system-rules-2021.jpg"><img loading="lazy" decoding="async" src="https://centralgovernmentnews.com/wp-content/uploads/2021/04/emoluments-central-civil-services-implementation-of-national-pension-system-rules-2021.jpg" alt=" 2021 Emoluments - Central Civil Services (Implementation of National Pension System) Rules, Rule 5" class="wp-image-35002" width="300" height="156"/></a></figure></div>



<p><strong>5. Emoluments.</strong>&nbsp;– (1) The expression `emoluments’ for the purpose of determining the amount of mandatory contribution under the National Pension System includes basic pay as defined in rule 9 (21) (a) (i) of the Fundamental Rules, 1922, non-practicing allowance granted to medical officer in lieu of private practice and admissible dearness allowance in a calendar month.</p>



<p>(2) Subject to the proviso to sub-rule (1) of rule 7, if a Subscriber had been absent from duty on leave for which leave salary is payable, the amount representing pay and dearness allowance in the leave salary actually drawn shall be taken into account for emoluments for the purpose of this rule. The amount of pay, non-practicing allowance and dearness allowance, actually drawn during leave shall be taken into account as emoluments for the purpose of this rule.</p>



<p>(3) Subject to the proviso to sub-rule (1) of rule 7, if a Subscriber had been absent from duty or was on extraordinary leave, during whole or part of a calendar month, the pay or the amount representing pay, non-practicing allowance referred to in this rule and dearness allowance in the leave salary which he actually drew for the part of that calendar month during which he was on duty or was on leave for which leave salary is payable, shall be taken into account for emoluments for the purpose of this rule.</p>



<p>(4) If a Subscriber had been under suspension, the subsistence allowance drawn during the period of suspension in a calendar month shall be taken into account for emoluments for the purpose of this rule.</p>



<p>(5) Pay drawn by a Subscriber while on deputation in India shall be taken into account for emoluments for the purpose of this rule.</p>



<p>(6) In the case of a Subscriber on foreign service or deputation outside India, the pay which he would have drawn under the Government had he not been on foreign service or such deputation, shall be taken into account for emoluments.</p>



<p>(7) Where a retired Subscriber, who is re-employed in Government service and to whom these rules are applicable and whose pay on re-employment has been reduced by an amount not exceeding his monthly pension, the element of monthly pension by which his pay is reduced shall be included in emoluments.</p>
<p>The post <a href="https://centralgovernmentnews.com/2021-emoluments-central-civil-services-implementation-of-national-pension-system-rules-rule-5/">2021 Emoluments &#8211; Central Civil Services (Implementation of National Pension System) Rules, Rule 5</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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		<title>CCS (Implementation of NPS) Rules, Rule 4 (Registration into National Pension System), 2021</title>
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		<pubDate>Wed, 28 Apr 2021 12:56:35 +0000</pubDate>
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					<description><![CDATA[<p>CCS (Implementation of NPS) Rules, Rule 4 (Registration into National Pension System), 2021 Registration into National Pension System – Rule 4 of Central Civil Services (Implementation of National Pension System) Rules, 2021 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pensioners’ Welfare) NOTIFICATION New Delhi, the 30th March, 2021 GENERAL CONDITIONS 4. Registration [&#8230;]</p>
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										<content:encoded><![CDATA[
<p>CCS (Implementation of NPS) Rules, Rule 4 (Registration into National Pension System), 2021</p>



<p>Registration into National Pension System – Rule 4 of Central Civil Services (Implementation of National Pension System) Rules, 2021</p>



<p class="has-text-align-center">MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS<br />(Department of Pension and Pensioners’ Welfare)</p>



<p class="has-text-align-center">NOTIFICATION</p>



<p class="has-text-align-center">New Delhi, the 30th March, 2021</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/04/registration-into-national-pension-system-central-civil-services-implementation-of-national-pension-system.jpg"><img loading="lazy" decoding="async" src="https://centralgovernmentnews.com/wp-content/uploads/2021/04/registration-into-national-pension-system-central-civil-services-implementation-of-national-pension-system.jpg" alt="CCS (Implementation of NPS) Rules, Rule 4 (Registration into National Pension System), 2021" class="wp-image-34999" width="300" height="156"/></a></figure></div>



<p class="has-text-align-center"><strong>GENERAL CONDITIONS</strong></p>



<p><strong>4. Registration into National Pension System.</strong> – (1) A Government servant to whom these rules apply, shall, immediately on joining service submit an application in Common Subscriber Registration Form or in any other form specified by the Authority along with an option form referred to in rule 10, to the Head of Office for registration to the National Pension System.</p>



<p>(2) The Head of Office shall on receipt of the application under sub-rule (1), ensure that the application is complete in all respects, countersign it indicating the date of receipt and send it to the Drawing and Disbursing Officer within three working days of joining of the Government servant. The Head of Office shall keep a copy of the application form for record.</p>



<p>(3) The Drawing and Disbursing Officer shall forward the application of individual subscriber to the Pay and Accounts Officer or Cheque Drawing and Disbursing Officer, as the case may be, within three working days from the date of receipt of the application from the Head of Office.</p>



<p>(4) The Pay and Accounts Officer or the Cheque Drawing and Disbursing Officer, as the case may be, shall process the application received from the Drawing and Disbursing Officer and forward it to the Central Recordkeeping Agency through the online system within three working days from the date of receipt of the application from the Drawing and Disbursing Officer. The Pay and Accounts Officer or the Cheque Drawing and Disbursing Officer shall also forward duly signed copy of the application to the Central Recordkeeping Agency for record.</p>



<p>(5) The Central Recordkeeping Agency shall complete registration process and allocate a Permanent Retirement Account Number in respect of each Government servant in the form specified by the Authority as per the turn-around time specified by the Authority. After completion of the registration process, the Central Recordkeeping Agency shall communicate the Permanent Retirement Account Number to the Pay and Accounts Officer or the Cheque Drawing and Disbursing Officer, as the case may be, and also forward Permanent Retirement Account Number kits to the Subscriber in accordance with the process and turn-around time laid down by the Authority.</p>



<p>(6) The Pay and Accounts Officer or the Cheque Drawing and Disbursing Officer, as the case may be, shall communicate Permanent Retirement Account Number (PRAN) to the concerned Drawing and Disbursing Officer immediately.</p>



<p>(7) The Drawing and Disbursing Officer shall communicate the Permanent Retirement Account Number (PRAN) to the Head of Office immediately.</p>



<p>(8) The Head of Office shall intimate the Permanent Retirement Account Number to the Subscriber and shall record the Permanent Retirement Account Number (PRAN) in the Common Subscriber Registration Form or any other form specified by the Authority submitted by the Subscriber and in the service book of the Subscriber and also paste a certified copy of the Common Subscriber Registration Form or any other form specified by the Authority in the service book of the Subscriber within five working days thereafter.</p>



<p>(9) The authorities referred to in sub-rule (2) to sub-rule (8) shall ensure that there is no delay in the process of registration of the Government servant in the National Pension System and crediting of first contribution in his Individual Pension Account. The first contribution of the Government servant shall be credited in his Individual Pension Account within twenty days of the date of submission of the application under sub-rule (1) or by the last date of the month in which the Government servant joined, whichever is later.</p>



<p>(10) In a case where the process of registration of the Government servant in the National Pension System has not been completed before the date of drawal of the salary for the first month or any subsequent month, such salary or salaries shall be paid to the Government servant after withholding the amount of contribution as determined in accordance with rule 6. The amount of the contribution withheld from the salary as well as the amount of interest payable under rule 8 shall be credited to the Individual Pension Account of the Government servant as soon as the process of generation of Permanent Retirement Account Number of Government servant in the National Pension System is completed by the Central Recordkeeping Agency and communicated to the Pay and Accounts Officer or Cheque Drawing and Disbursing Officer.</p>



<p>(11) Action on the option form submitted under sub-rule (1) shall be taken in accordance with rule 10.</p>
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		<title>Definitions &#8211; Rule 3 of the Central Civil Services (National Pension System Implementation) Rules, 2021</title>
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		<pubDate>Wed, 28 Apr 2021 12:39:02 +0000</pubDate>
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					<description><![CDATA[<p>Definitions – Rule 3 of the Central Civil Services (National Pension System Implementation) Rules, 2021 MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pensioners’ Welfare) NOTIFICATION New Delhi, the 30th March, 2021 3. Definitions.&#160;– In these rules, unless the context otherwise requires,- (1) (a)“Accredited Bank” in relation to a Ministry or Department or [&#8230;]</p>
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										<content:encoded><![CDATA[
<p>Definitions – Rule 3 of the Central Civil Services (National Pension System Implementation) Rules, 2021</p>



<p class="has-text-align-center">MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS<br />(Department of Pension and Pensioners’ Welfare)</p>



<p class="has-text-align-center">NOTIFICATION</p>



<p class="has-text-align-center">New Delhi, the 30th March, 2021</p>



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/04/definitions-central-civil-services-implementation-of-national-pension-system-rules-2021.jpg"><img loading="lazy" decoding="async" src="https://centralgovernmentnews.com/wp-content/uploads/2021/04/definitions-central-civil-services-implementation-of-national-pension-system-rules-2021.jpg" alt="Definitions – Rule 3 of the Central Civil Services (National Pension System Implementation) Rules, 2021" class="wp-image-34996" width="300" height="156"/></a></figure></div>



<p><strong>3. Definitions.</strong>&nbsp;– In these rules, unless the context otherwise requires,-</p>



<p>(1) (a)“Accredited Bank” in relation to a Ministry or Department or Union territory means the Reserve Bank or any bank which is appointed to transact business of the Government pertaining to that Ministry or Department or Union territory and is officially recognised for transfer of funds to the Trustee Bank;</p>



<p>(b) “Accumulated Pension Corpus” means the monetary value of the pension investments accumulated in the<br />Individual Pension Account of a subscriber under the National Pension System;</p>



<p>(c) “Annuity” means periodic payment by the Annuity Service Provider to the subscriber on purchase of annuity plan out of the Accumulated Pension Corpus;</p>



<p>(d) “Annuity Service Provider” means a life insurance company registered and regulated by the Insurance Regulatory and Development Authority and empanelled by the Authority for providing Annuity services to the subscribers of the National Pension System;</p>



<p>(e) “Authority” means the Pension Fund Regulatory and Development Authority established under sub-section<br />(1) of section 3 of the Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013) and include interim Pension Fund Regulatory and Development Authority set up by the Central Government through Resolutions;</p>



<p>(f) “Central Recordkeeping Agency” means an agency registered under section 27 of Pension Fund Regulatory and Development Authority Act, 2013 to perform the functions of recordkeeping, accounting, administration and customer service for subscribers to schemes;</p>



<p>(g) “Drawing and Disbursing Officer” means a Head of Office and also any other Gazetted Officer so designated by a Department of the Central Government, a Head of Department or an Administrator, to draw bills and make payments on behalf of the Central Government. The term shall also include a Head of Department or an Administrator where he himself discharges such function;</p>



<p>(h) “Cheque Drawing and Disbursing Officer” means a drawing and disbursing officer functioning under a Ministry or Department (including Central Public Works Department, Forest Department and Departments in which the provisions of Central Public Works Account Code are authorised to be followed) or a Union territory, who is authorised to withdraw money for specified types of payments against an assignment account opened in his favour in a specified branch of an accredited bank;</p>



<p>(i) “Defence Services” means services under the Government of India in the Ministry of Defence and in the Defence Accounts Department under the control of the Ministry of Defence paid out of the Defence Services Estimates and not permanently subject to the Air Force Act, 1950 (45 of 1950) or the Army Act, 1950 (46 of 1950) or the Navy Act, 1957 (62 of 1957);</p>



<p>(j) “Emoluments” means emoluments as specified in rule 5;</p>



<p>(k) “Foreign Service” means service in which a Government servant receives his pay with the sanction of the Government from any source other than the Consolidated Fund of India or the Consolidated Fund of a State or the Consolidated Fund of a Union territory;</p>



<p>(l) “Government” means the Central Government;</p>



<p>(m) “Head of Department” means an authority specified in Schedule 1 to the Delegation of Financial Powers Rules, 1978, and includes such other authority or person whom the President may, by order, specify as Head of a Department;</p>



<p>(n) “Head of Office” means a Gazetted Officer declared as such under rule 14 of Delegation of Financial Powers Rules,1978, and includes such other authority or person whom the Competent Authority may, by order, specify as Head of Office;</p>



<p>(o) “Individual Pension Account” means an account of a subscriber, executed by a contract setting out the terms and conditions under the National Pension System;</p>



<p>(p) “Local Fund administered by Government” means the fund administered by a body which, by law or rule having the force of law, comes under the control of the Government and over whose expenditure the Government retains complete and direct control;</p>



<p>(q) “National Pension System” means the contributory pension system referred to in section 20 of the Pension Fund Regulatory and Development Authority Act, 2013 whereby contributions from a subscriber are collected and accumulated in an individual pension account using a system of points of presence, a Central Recordkeeping Agency and pension funds as may be specified by regulations by Pension Fund Regulatory and Development Authority;</p>



<p>(r) “Pay and Accounts Officer” means an officer, whatever his official designation, who maintains the accounts of a Ministry, Department or Office of the Central Government or Union territory and includes an Accountant-General, who is entrusted with the functions of maintaining the accounts or part of accounts of the Central Government or Union territory;</p>



<p>(s) “Pension fund” means an intermediary which has been granted a certificate of registration under sub-section</p>



<p>(3) of section 27 of the Pension Fund Regulatory and Development Authority Act, 2013 by the Authority as a pension fund for receiving contributions, accumulating them and making payments to the subscriber in the manner as may be specified by regulations;</p>



<p>(t) “Permanent Retirement Account Number” means a unique identification number allotted to each subscriber by the Central Recordkeeping Agency;</p>



<p>(u) “Subscriber” means a Government servant who subscribes to a scheme of a Pension fund;</p>



<p>(v) “Trustee Bank” means a banking company as defined in the Banking Regulation Act, 1949 (10 of 1949).</p>



<p>(2) Words and expressions used herein and not defined but defined in the Fundamental Rules,1922, the Central Civil Services (Pension) Rules, 1972, the Pension Fund Regulatory and Development Authority Act, 2013 or Pension Fund Regulatory and Development Authority regulations have the same meanings respectively assigned to them in those Act or Rules or Regulations.</p>
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		<title>Payment of lump-sum compensation to railway employees covered under NPS on retention in Railway service</title>
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		<pubDate>Wed, 03 Mar 2021 16:05:54 +0000</pubDate>
				<category><![CDATA[NPS]]></category>
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					<description><![CDATA[<p>Lump-sum compensation to railway employees R.B.E. No. 10/2021 GOVERNMENT OF INDIAMINISTRY OF RAILWAYSRAILWAY BOARD No. D-43/4/2018 -F(E)III New DelhiDated: 19.02.2021. The General Managers/ Principal Financial Advisors,All Zonal Railways/ Production Units. Sub:- Payment of lump-sum compensation to employees covered under NPS on retention in Railway service in spite of disablement attributable to Railway service in accordance [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/payment-of-lump-sum-compensation-to-railway-employees-covered-under-nps-on-retention-in-railway-service/">Payment of lump-sum compensation to railway employees covered under NPS on retention in Railway service</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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<p class="has-text-align-center"><strong>Lump-sum compensation to railway employees</strong></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><a href="https://centralgovernmentnews.com/wp-content/uploads/2021/03/Payment-of-lump-sum-compensation-to-railway-employees-covered-under-NPS-on-retention-in-Railway-service.jpg"><img loading="lazy" decoding="async" width="700" height="367" src="https://centralgovernmentnews.com/wp-content/uploads/2021/03/Payment-of-lump-sum-compensation-to-railway-employees-covered-under-NPS-on-retention-in-Railway-service.jpg" alt="Payment of lump-sum compensation to railway employees covered under NPS on retention in Railway service" class="wp-image-33936" srcset="https://centralgovernmentnews.com/wp-content/uploads/2021/03/Payment-of-lump-sum-compensation-to-railway-employees-covered-under-NPS-on-retention-in-Railway-service.jpg 700w, https://centralgovernmentnews.com/wp-content/uploads/2021/03/Payment-of-lump-sum-compensation-to-railway-employees-covered-under-NPS-on-retention-in-Railway-service-300x157.jpg 300w" sizes="auto, (max-width: 700px) 100vw, 700px" /></a></figure></div>



<p class="has-text-align-right"><strong>R.B.E. No. 10/2021</strong></p>



<p class="has-text-align-center">GOVERNMENT OF INDIA<br />MINISTRY OF RAILWAYS<br />RAILWAY BOARD</p>



<p><strong>No. D-43/4/2018 -F(E)III</strong></p>



<p class="has-text-align-right">New Delhi<br />Dated: 19.02.2021.</p>



<p>The General Managers/ Principal Financial Advisors,<br />All Zonal Railways/ Production Units.</p>



<h3 class="wp-block-heading">Sub:- Payment of lump-sum compensation to employees covered under <a href="https://centralgovernmentnews.com/category/nps/" target="_blank" rel="noreferrer noopener">NPS</a> on retention in Railway service in spite of disablement attributable to Railway service in accordance with Rule 10(3) of the Railway Services (Pension) Rules, 1993 &#8211; regarding.</h3>



<p>A copy of the Department of Pension &amp; Pensioners’ Welfare (DOP&amp;PW)’s O.M. no. 01.03.2019- P&amp;PW(F) dated 01.01.2021 is enclosed for information and guidance. These instructions shall apply mutatis mutandis on the Railways also. The Central Civil Services (Pension) Rules, 1972 and the Central Civil Services (Extra Ordinary Pension) Rules, 1939 correspond to the <a href="https://centralgovernmentnews.com/indian-railways-latest-news-today/" target="_blank" rel="noreferrer noopener">Railway</a> Services (Pension) Rules, 1993 and the Railway Services (Extra Ordinary Pension) Rules. 1993 respectively.</p>



<p>2. The Railway Board’s instructions/ Railway Services (Extraordinary Pension) Rules, 1993 corresponding to DOP&amp;PW’s instructions /CCS (Extraordinary Pension) Rules, 1939 referred to in their aforesaid O.M. dated 01.01.2021 are given below:-</p>



<figure class="wp-block-table is-style-stripes"><table><tbody><tr><td><strong>SI.<br />No</strong></td><td><strong>DOP&amp;PW’s instructions/ Central Civil Services (Extraordinary Pension) Rules, 1939</strong></td><td><strong>Corresponding Railway Board’s instructions/ Railway Services, (Extraordinary Pension) Rules, 1993</strong></td></tr><tr><td>1</td><td>Rule 8(3) of <a href="https://centralgovernmentnews.com/category/ccs/" target="_blank" rel="noreferrer noopener">CCS </a>(Extraordinary Pension) Rules, 1939</td><td>Rule 9(3) of Railway Services (Extraordinary Pension) Rules, 1993</td></tr><tr><td>2</td><td>Rule 9(3) of CCS (Extraordinary Pension) Rules, 1939</td><td>Rule 10(3) of Railway Services (Extraordinary Pension) Rules, 1993</td></tr><tr><td>3</td><td>DOP&amp;PW’s OM No 38/41/06-PA&amp;W(A) dated 05.05.2009</td><td>Railway Board’s letter No 2008/AC-II 21/19&nbsp; dated 29.05 2009.</td></tr></tbody></table></figure>



<p class="has-text-align-right">(G. Priya Sudarsani)<br />Director. Finance (Estt.)<br />Railway Board</p>
<p>The post <a href="https://centralgovernmentnews.com/payment-of-lump-sum-compensation-to-railway-employees-covered-under-nps-on-retention-in-railway-service/">Payment of lump-sum compensation to railway employees covered under NPS on retention in Railway service</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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		<title>Grant of provisional benefits on death/ disability of Railway servants covered under National Pension System (NPS)</title>
		<link>https://centralgovernmentnews.com/grant-of-provisional-benefits-on-death-disability-of-railway-servants-covered-under-national-pension-system-nps/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 02 Mar 2021 14:06:17 +0000</pubDate>
				<category><![CDATA[NPS]]></category>
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		<category><![CDATA[Death of Railway servants covered under NPS]]></category>
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					<description><![CDATA[<p>Death of Railway servants covered under NPS GOVERNMENT OF INDIAMINISTRY OF RAILWAYSRAILWAY BOARD No. D-43/4/2018 -F(E)III New Delhi. dated: 19.02.2021. The General Managers/Principal Financial Advisors,All Zonal Railways/Production Units. Sub: Grant of provisional benefits on death/disability of Railway servants covered under National Pension System (NPS) &#8211; reg. Attention is invited to Board’s letter of even number [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/grant-of-provisional-benefits-on-death-disability-of-railway-servants-covered-under-national-pension-system-nps/">Grant of provisional benefits on death/ disability of Railway servants covered under National Pension System (NPS)</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="has-text-align-center"><strong>Death of Railway servants covered under NPS</strong></p>



<div class="wp-block-image"><figure class="aligncenter size-large"><a href="https://centralgovernmentnews.com/wp-content/uploads/2019/06/NPS_central-government-employees.jpg"><img loading="lazy" decoding="async" width="600" height="450" src="https://centralgovernmentnews.com/wp-content/uploads/2019/06/NPS_central-government-employees.jpg" alt="NPS" class="wp-image-24556" srcset="https://centralgovernmentnews.com/wp-content/uploads/2019/06/NPS_central-government-employees.jpg 600w, https://centralgovernmentnews.com/wp-content/uploads/2019/06/NPS_central-government-employees-300x225.jpg 300w" sizes="auto, (max-width: 600px) 100vw, 600px" /></a></figure></div>



<p class="has-text-align-center">GOVERNMENT OF INDIA<br />MINISTRY OF RAILWAYS<br />RAILWAY BOARD</p>



<p><strong>No. D-43/4/2018 -F(E)III</strong></p>



<p class="has-text-align-right">New Delhi. dated: 19.02.2021.</p>



<p>The General Managers/Principal Financial Advisors,<br />All Zonal Railways/Production Units.</p>



<h3 class="wp-block-heading">Sub: Grant of provisional benefits on death/disability of Railway servants covered under National Pension System (NPS) &#8211; reg.</h3>



<p>Attention is invited to Board’s letter of even number dated 20.01.2020 vide which clarification was issued providing that Railway servant/ family member in the case of death of Railway servant or his discharge from service on account of invalidation/disability is entitled to pension/ family under old pension scheme under <a href="https://centralgovernmentnews.com/indian-railways-latest-news-today/" target="_blank" rel="noreferrer noopener">Railway</a> Services (Pension)/ Rules 1993 if the Railway servant/ family wants to. Also, the entire accumulated pension funds under NPS may be recovered from him/family with interest for the period from the date of receipt of entire accumulated pension wealth to a subscriber under NPS to the date of refund to the Government at the rate and manner applicable to GPF deposits from time to time.</p>



<p>2. Now, references have been received in this office stating that some of the department family members of the deceased employees under NPS are not in a position to surrender the entire accumulated NPS corpus in one go. it has been requested that the dependent family members of the deceased Railway employees may be given option to return the accumulated NPS corpus of the employee in installments and from the arrears of the family pension instead of depositing the entire accumulated NPS corpus with interest.</p>



<p>3. The above issue have been examined in consultation with Department of pension &amp; Pensioners’ Welfare (DOP&amp;PW) the nodal Department of the Government in pensionary matters. It is clarified that in case, the Railway servant or family has already availed benefits from accumulated pension corpus, the same may be recovered from them with interest. The accumulated pension corpus along with interest may be adjusted from the arrears of pension/family pension or any other method while ensuing at the same time that there is no loss to the Railways.</p>



<p class="has-text-align-right">(G. Priya Sudarsani)<br />Director. Finance (Estt.)<br />Railway Board</p>
<p>The post <a href="https://centralgovernmentnews.com/grant-of-provisional-benefits-on-death-disability-of-railway-servants-covered-under-national-pension-system-nps/">Grant of provisional benefits on death/ disability of Railway servants covered under National Pension System (NPS)</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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