New Pension Scheme

Pension Fixation for Pre- 2016 pensioners/family pensioners based on Notional Pay Fixation as per Government decision

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Pension Fixation for Pre- 2016 pensioners/family pensioners based on Notional Pay Fixation as per Government decision Implementation of Government’s decision on the recommendations of the Seventh Central Pay Commission- Revision of pension of pre- 2016 pensioners/family pensioners etc No.4-3/2017-Pension Government of India Ministry of Communications Department of Posts (Pension Section) Dak Bhawan, Sansad Marg, New … Read more

NPS to OPS – Minister replied in Parliament

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NPS to OPS – Minister replied in Parliament Restoration of old pension system in place of Contributory Pension System In a written reply the Minister of State for Finance said the features of the New Pension Scheme in Rajya Sabha on 21st March 2017 National Pension System (NPS), which is a contributory pension system, has, … Read more

Outcome of NPS Meeting held on 17.3.2017 – NFIR

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Meeting of the Committee constituted to suggest implementation of the National Pension System Employees -reg No.IV/NPS/PFRDA BILL/Part-l Dated: 18/03/2017 The General Secretartes of Affiliated Unions of NFIR. Brother, Sub: Meeting of the Committee constituted to suggest implementation of the National Pension System Employees -reg. A meeting of the Committee with JCM (Staff Side) under the … Read more

NPS Subscribers are allowed multiple Choice to Change Investment Option

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NPS Subscribers are allowed multiple Choice to Change Investment Option PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A. Chhatrapati Shivaji Bhawan Qutab Institutional Area. Katwaria sarai, New Delhi-110 016 01 March 2017 PFRDA/2017/8/PD/2 To All Stakeholders in the National Pension System Subiect: Allowing multiple choice to the subscribers/corporates to change Investment Option and Asset Allocation Ratio … Read more

Withdrawal of NPS is not within the purview of NPS Committee – Confederation

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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