CIRCULAR

CIR No : PFRDA/2020/37/SUP-CRA/15

Date: September 3, 2020

To.
All Stakeholder under NPS

Subject : e-Nomination facility for NPS subscribers

Pension Fund Regulatory and Development Authority (PFRDA) has been established inter-alia is to protect the interests of subscribers of NPS and other pension schemes regulated by it. PFRDA has allowed comprehensive and digitally enabled solutions for subscribers’ varied needs from on-boarding till the process of exit.

2. Currently, the existing subscribers of NPS, who wish to change their nomination in their Permanent Retirement Account Number (PRAN), are required to submit S2 form (Request for change of Subscriber Master details) physically to the associated Nodal officers, corporates or Points of Presence (POPs) for updation.

3. In order to enable NPS Subscribers with ease of changing the nomination, PFRDA has allowed the ‘e sign based online facility’ to change of nomination through the Subscribers’ login credentials, as per the process flow given in Annexure-A. Central Record Keeping Agencies (CRAs) have been advised to introduce this feature in their system at the earliest.

4. The detailed provisions regarding ‘Nominations’ under NPS are specified under regulation-32 of PFRDA (Exits and Withdrawal) Regulations 2015. The relevant extracts of the regulations are provided under Annexure-B for ready reference.

5. This circular is issued under Section 14 of PFRDA Act 2013 and is available at PFRDA’s website (www.pfrda.org.in) under the Regulatory framework and in “Circular” section of CRA under intermediaries.

K Mohan Gandhi
(General Manager)

Annexure -A
(e-Nomination Process)

The steps to be followed by the Subscriber for e Nomination is given below:

1. Subscribers access their respective CRA system with login credentials and select the option ‘Update Personal details’ under ‘Demographic changes’ menu.

2. On selection, subscriber modification screen will appear with multiple options, Subscriber is required to select the option ‘Add/Update Nominee details’ and then ‘Tier type’ for which nomination details have to be updated.

3. The subscriber is required to submit the details online such as name of the nominee, relationship with the nominee, percentage share etc. and save the details by clicking on ‘Save’ menu.

4. Once the details are saved and confirmed, subscriber is required to submit the ‘One Time Password (OTP)’ received on Registered Mobile Number.

5. On submission of OTP, subscriber is required to e-Sign to authenticate the changes by selecting option ‘e-sign and download’.

6. The subscriber will be taken on to ‘e signature service provider’s’ page for e-sign where he is required to enter Aadhaar/ Virtual ID and click on ‘send OTP’. OTP will be received on mobile number registered with UIDAI.

7. Subscriber needs to submit OTP and click on ‘Verify OTP.

8. Upon authentication, the nomination details will be updated in the NPS records. For Government/ Identified Corporate sector subscribers, the request needs to be authorized by the associated Nodal Office/Corporate before its updation.

9. The process of change of nomination is paperless. In case e-sign fails, the changes shall not be updated and the subscriber shall have to update the nomination through physical form as per the existing process.

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Under National Social Assistance Programme (NSAP) administered by Ministry of Rural Development, central assistance is provided only to old aged, widows, disabled persons and bereaved families on death of primary bread winner belonging to Below Poverty Line households irrespective of their caste category. The schemes are implemented both in urban and rural areas.

At present the scheme of NSAP comprises of 5 schemes applicable to BPL persons which are as follows:-

i. Indira Gandhi National Old Age Pension Scheme (IGNOAPS)

ii. Indira Gandhi National Widow Pension Scheme (IGNWPS)

iii. Indira Gandhi National Disability Pension Scheme (IGNDPS)

iv. National Family Benefit Pension (NFBS)

v. Annapurna Scheme.

The details of these 5 schemes along with the amount of assistance provided is enclosed as Annexure.

Assistance under the schemes of NSAP is provided to all persons who are Below Poverty Line including Scheduled Castes. The details of number of persons belonging to Scheduled Caste benefited under the schemes of NSAP is not available, as this information is not obtained/reported by States.

A Task Force constituted under the Chairmanship of Member Planning Commission, considered all the issues, demands and suggestions relating to social assistance/ security, received from various quarters and submitted its report in March, 2013, inter-alia, recommending expanding scope of coverage and increasing the quantum of pension. Further action has been initiated to process the recommendations of the Task Force.

ANNEXURE

Eligibility criteria and the amount of assistance underthe schemes of National Social Assistance Programme (NSAP)

Indira Gandhi National Old Age Pension Scheme (IGNOAPS): Central assistance of Rs. 200/- per month is provided to persons in the age group of 60-79 years and Rs. 500/- per month to persons of 80 years and above.

Indira Gandhi National Widow Pension Scheme (IGNWPS): Under the scheme, Central assistance @ Rs. 300/- per month is provided to widows in the age-group of 40-79 years. On reaching the age of 80 years, the beneficiary is shifted to IGNOAPS to get enhanced assistance of Rs.500/- per month.

Indira Gandhi National Disability Pension Scheme (IGNDPS): Under the scheme Central assistance @ Rs. 300/- per month is provided to persons aged 18-79 years with severe and multiple disabilities. On reaching the age of 80 years, the beneficiary is shifted to IGNOAPS to get enhanced assistance of Rs. 500/- per month.

National Family Benefit Scheme (NFBS): Under the scheme a BPL household is entitled to lump sum amount of money on the death of primary breadwinner aged between 18 and 59 years. The amount of assistance is Rs. 20,000/-

Annapurna: Under the scheme, 10 kg of food grains per month are provided free of cost to those senior citizens who, though eligible, are not receiving old age pension.

The above information was submitted as a written reply to a question in Parliament on 22nd July 2014 by the Minister of State for Social Justice and Empowerment Shri Sudarshan Bhagat.

Source: CGEN.in

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