ONE MORE CLARIFICATION REGARDING NJCA’s STAND ON NEW PENSION SCHEME (NPS) QUERY — Just like the issues of Salary hike, Fitment formula or parity of Pension, the issue of NPS is common to all Central Govt. Departments. In spite of that, this issue appears to be less highlighted. I represent a unit where 80% of … Read more
Exemption of Railways from National Pension System – NFIR Exemption of Railways from National Pension system (NPS) as recommended by the Railway Ministers – kind intervention and approval requested NFIR National Federation of Indian Railwaymen No.IV/NPS/PFRDA BILL/Part I Dated: 26.6.2016 Shri Narendra Modiji, Hon’ble Prime Minister of India, South Block, Raisina Hills, New Delhi-110011 Sub: … Read more
Non Resident Indians (NRIs) can now join and subscribe to NPS online through eNPS NRIs have a pivotal role to play in the Indian economy. India has the second-largest Diaspora in the world, with around 29 million people living in over 200 countries and out of these 25% live in the Gulf countries. Most of … Read more
FOR PUBLIC AND STAKEHOLDERS COMMENTS – CONCEPT PAPER- CHOICE TO THE GOVT EMPLOYEES A. Launch of NPS and Current scenario 1. The National Pension System (NPS) was introduced in 2003 for all Central Government employees (except armed forces) who joined the service on or after 01.01.2004. The NPS marked a paradigm shift from the Defined … Read more
NPS – Concept Paper on Pension Funds, Investment Pattern and Life Cycle Funds for Government Employees National Pension System : Providing option of more Life Cycle Funds to the NPS subscribers. Choice of the pension funds and Choice of investment pattern. PFRDA published two detailed concept papers for the public and stakeholders. FOR PUBLIC AND … Read more