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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National Pension System
Reversion to old pension scheme
Reversion to old pension scheme Ministry of Personnel, Public Grievances & Pensions Reversion to old pension scheme In accordance with the scheme for National Pension System (NPS), as notified vide Ministry of Finance (Department of Economic Affairs)’s Notification No. 5/7/2003-ECB & PR dated 22.12.2003, the System is mandatory for all new recruits to the Central … [Read more...] about Reversion to old pension scheme
PFRDA Circular – Common Stewardship Code
PFRDA Circular - Common Stewardship Code PFRDA PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, Chhatrapati Shivaji Bhawan Qutab Institutional Area, Katwaria Sarai, New Delhi - 110 016. Ph: 011-26517501, 26517503, 26133730 Fax:011-26517507 Website: www.pfrda.org.in CIRCULAR PFRDA/2018/01/PF/01 Date: 4th May, 2018 Subject: Common Stewardship Code 1. … [Read more...] about PFRDA Circular – Common Stewardship Code
Important Announcements and Approvals in Board Meeting of PFRDA
National Pension System (NPS): Important Announcements and Approvals in Board Meeting of PFRDA to improve the operational and regulation issues Press Information Bureau Government of India Ministry of Finance 04-May-2018 16:18 IST Important Announcements and Approvals in Board Meeting of PFRDA Pension Fund Regulatory and Development Authority (PFRDA) is established by the … [Read more...] about Important Announcements and Approvals in Board Meeting of PFRDA
One day Agitational Programme on 24.04.2018 on Minimum Guaranteed Pension under National Pension System (NPS)
BPMS REF: BPMS/ 17th TC/ NPS/ Cir/ 33 Dated: 31.03.2018 To, The Office Bearers and CEC Members Bharatiya Pratiraksha Mazdoor Sangh & The President/ General Secretary Unions affiliated to the federation Subject: One day Agitational Programme on 24.04.2018 on Minimum Guaranteed Pension under National Pension System (NPS). Dear Brothers and Sisters, Sadar … [Read more...] about One day Agitational Programme on 24.04.2018 on Minimum Guaranteed Pension under National Pension System (NPS)
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
Major Changes in NPS including Withdrwal Norms
Major Changes in NPS including Withdrwal Norms Three major changes in the National Pension Scheme (NPS) including withdrawal norms Relaxation of Norms for NPS The Government of India has recently made three changes in the National Pension Scheme (NPS) including withdrawal norms. The details are as under: Partial withdrawal during the service: The Pension Fund … [Read more...] about Major Changes in NPS including Withdrwal Norms
NFIR – Exemption of Railways from New Pension Scheme (NPS)NFIR – Exemption of Railways from New Pension Scheme (NPS)
NFIR - Exemption of Railways from New Pension Scheme (NPS) Dated : 19/03/2018 No. IV/NPS/PFRDA BILL/Part I Shri Piyush Goyal, Hon'ble Minister of Railways Rail Bhavan, New Delhi Dear Shri Goyalji, 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 NFIR – Exemption of Railways from New Pension Scheme (NPS)NFIR – Exemption of Railways from New Pension Scheme (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)
PFRDA Workshop benefits of National Pension System & Pension Funds under NPA architecture
PFRDA Workshop benefits of National Pension System & Pension Funds under NPA architecture PFRDA conducts the Workshop with Corporates to create an awareness about the features, benefits and the process of joining National Pension System (NPS); Also to create awareness about the role of Pension Funds under NPA architecture; More than 1.80 crore subscribers join under … [Read more...] about PFRDA Workshop benefits of National Pension System & Pension Funds under NPA architecture
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