New Norms for Withdrawal of National Pension System (NPS) “Minimum period for partial withdrawal has been reduced from 10 years to 3 years from the date of joining w.e.f. 10th August, 2017” NPS Withdrawal Norms The Pension Fund Regulatory and Development Authority (PFRDA) has changed the norms for withdrawal of National Pension System (NPS) subscribers. … Read more
NPS to OPS: Old Pension Scheme will be restored by AAP Govt. in National Capital New Contributory Pension System (NPS) As per the media news, Delhi CM Arvind Kejriwal announced that the old pension scheme will be restored by AAP government in national capital. Confederation of Central Government Employees and Workers Secretary General M.Krishnan wrote … Read more
Alert Notice for General Public from PFRDA PLEASE BEWARE PFRDA NEVER SENDS ANY EMAIL OR MESSAGE PROMISING LARGE SUMS FOR PAYMENT OF FEE ALERT NOTICE “This is to inform general public that PFRDA is a Regulatory Body and does not ever call for any sum for release of funds to any individual from their Permanent … Read more
Implementation of National Pension System by Central Autonomous Bodies PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE Conference on Implementation of National Pension System by Central Autonomous Bodies A conference on implementation of National Pension System by Central Autonomous Bodies (CABs) was organized by PFRDA on 13th June 2018 at New Delhi. The prime objective … Read more
Defined Contribution Pension Scheme (NPS) – Salient Features) 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 … Read more