NPS subscribers can withdraw after three years “The NPS subscribers can withdraw after three years from the date of joining the system and a maximum of three times during the entire tenure of subscription under NPS” Partial Withdrawal under NPS The Pension Fund Regulatory Development Authority (PFRDA) has relaxed the norms for partial withdrawal under … Read more
GOVT. MADE IT CLEAR THAT WITHDRAWL OF NPS IS NOT WITHIN THE PURVIEW OF NPS COMMITTEE. YOUNGER GENERATION EMPLOYEES CHEATED: Withdrawal of NPS or exemption from NPS was one of the most important demand of the NJCA in the 11th July 2016 deferred indefinite strike. In the statement issued by NJCA on 06-07-2016 after deferring … Read more
NPS COMMITTEE – HOPES OF YOUNGER GENERATION SHATTERED NPS committee constituted by the Government to streamline the National Pension System has called the JCM Staff Side for second round of discussion on 10.02.2017. As per the notified agenda, the committee is proposing discussion on only cosmetic changes in NPS. Basic issues such as (1) scrapping … Read more
Tax-exemption to partial withdrawal from National Pension System (NPS) : This benefit will be effective on partial withdrawal made by the subscriber after 1st April 2017. Press Information Bureau Government of India Ministry of Finance 02-February-2017 12:20 IST New Benefits announced for NPS Subscribers in Union Budget 2017-18 In a bid to provide further impetus … Read more
NPS Committee Meeting to be held on 20.1.2017 – NC JCM Staff Side Meeting of the Committee constituted to suggest measures for streamlining the implementation for the National Pension System for Central Government employees No.57/1/2016-P&PW(B) Government of India Ministry of Personnel,Public Grievances & Pensions Department of Pension & Pensioners’ Welfare 3rd Floor, Lok Nayak Bhavan, … Read more