Processing of withdrawal requests of Non IRA Compliant subscribers
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
Cir no: PFRDA/ 2013/2/ PDEX / 2
SL-4
Subject: Processing of withdrawal requests of Non IRA Compliant subscribers
PFRDA has issued necessary instructions to CRA with respect to the withdrawal guidelines for Non IRA Compliant subscribers in case of government servants who have died or resigned. The said information is being re-iterated hereunder for the information of all stakeholders for a better appreciation of the matter.
The following are the details of the process to be followed:
| Exit from NPS arising out of death | Exit from NPS before the age of normal superannuation & arising out of resignation |
|
| Non-IRA Compliant Subscribers | Certification from the concerned PAO/DTO/DDO (attached as annexure I)
Affidavit from the claimant (attached as Annexure II.) Filling of respective death claim form along with relevant details |
Subscriber has to:
Submit duly filled S1 form for enabling the complete data capture in CRA system. No PRAN generation activity will be undertaken. Submit duly filled Withdrawal form along with all relevant details and documents. |
2. In case of death where PPAN was assigned but corresponding PRAN was not generated and the respective contribution is held with the concerned employer/department, then, the respective employer / department may take appropriate decision at their end.
Source: www.pfrda.org.in
Related to Your Search:
- Regarding withdrawal from the NPS on death of by the employees who have been allotted PRAN and their contribution uploaded to NSDL.
- NPS – Simplification of Withdrawal process and Documentary requirement for the Government subscriber
- e-Nomination facility for NPS subscribers – PFRDA
- Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber
- eNPS offers ease of online opening of NPS account – PFRDA
- Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber
- Reactivation of PRAN post exit from NPS
- PFRDA – Exit through self-authorization by e-NPS subscribers
- PFRDA has been established inter-alia is to protect the interests of subscribers of NPS and other pension schemes
Leave a Reply