Online Exit Process For NPS Subscribers Under Government Sector PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, Chhatrapati Shivaji Bhawan, Qutub Institutional Area, Katwaria Sarai, New Delhi-110016 Phone : 011-26517501, 26517503, 26133730 Fax : 011-26517507 Circular PFRDA/2021/42/SUP-ASP/08 October 4, 2021 To, All Stake holders under Government … [Read more...] about Online Exit Process For NPS Subscribers Under Government Sector
National Pension System
Enhancement of employer’s contribution for Central Autonomous Bodies NPS subscribers from 10% to 14%
Enhancement of employer’s contribution for Central Autonomous Bodies NPS subscribers from 10% to 14% F.No. 1(3)/EV/2020 Government of India Ministry of Finance Department of Expenditure North Block, New Delhi Dated the 26th August, 2021 OFFICE MEMORANDUM Subject: Applicability of Gazette Notification No.1/3/2016-PR, dated 31.01.2019 issued by the Deptt of Financial … [Read more...] about Enhancement of employer’s contribution for Central Autonomous Bodies NPS subscribers from 10% to 14%
Calculation of Gratuity and Cash payment in lieu of Leave – FINMIN
Calculation of Gratuity and Cash payment in lieu of Leave - FINMIN No. 1(5)/E.V/2020 Government of India . Ministry of Finance (Department of Expenditure) *** North Block, New Delhi Date the 7th September, 2021 OFFICE MEMORANDUM Sub.: Central Government employees retired during the period from January, 2020 to June, 2021 – calculation of Gratuity and Cash payment in … [Read more...] about Calculation of Gratuity and Cash payment in lieu of Leave – FINMIN
Increase of Entry Age up to 70 Years under NPS
Increase of Entry Age up to 70 Years under NPS PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B 14 A.Chhatrapati Shivaji Bhawan Outab Institutional Area Katwana Sarai New Delhi-10016 CIRCULAR Circular no.: PFRDA/2021/36/SUP-CRA/14 August 26, 2021 To, All Central Record Keeping Agencies (CRAs) & other NPS stakeholders for information Subject: Increase of … [Read more...] about Increase of Entry Age up to 70 Years under NPS
Exits and Withdrawals under the National Pension System
Exits and Withdrawals under the National Pension System RBE No. 61/2021 GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) No. 2016/F(E)}IIN/1(1)/3 New Delhi, dated: 10.08.2021. The GMs/Principal Financial Advisors, All Indian Railways/Production Units (etc), (As per mailing list) Sub: Exits and Withdrawals under the National … [Read more...] about Exits and Withdrawals under the National Pension System
NPS: 5 benefits of National Pension System that you should know
NPS: 5 benefits of National Pension System that you should know NPS scheme is one of the ideal pension and retirement planning schemes available in India for salaried and self-employed professional NPS scheme: National Pension System (NPS) is a retirement-oriented investment option that provides a periodic annuity (in the form of monthly pension) and a lump sum corpus … [Read more...] about NPS: 5 benefits of National Pension System that you should know
Benefits of Old Pension Scheme – Rajya Sabha QA
Benefits of Old Pension Scheme - Rajya Sabha QA GOVERNMENT OF INDIA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (DEPARTMENT OF PENSION & PENSIONERS’ WELFARE) RAJYA SABHA UNSTARRED QUESTION NO. 425 (TO BE ANSWERED ON 22.07.2021) BENEFITS OF OLD PENSION SCHEME 425 SMT. CHHAYA VERMA: SHRI VISHAMBHAR PRASAD NISHAD: CH. SUKHRAM SINGH YADAV: SHRI NEERAJ … [Read more...] about Benefits of Old Pension Scheme – Rajya Sabha QA
Premature Exit Of NPS Lite Swavalamban Subscribers – PFRDA
Premature Exit Of Nps Lite Swavalamban Subscribers – PFRDA PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, Chhatrapati Shivaji Bhawan, Qutub Institutional Area. Katwania Sarai, New Delhi-110016 Circular Cir. No. PFRDA/2021/21/SUP-NPST/1 July 02, 2021 To, All NPS Swavalamban Subscribers and associated Stake holders Subject — Premature exit of NPS Lite … [Read more...] about Premature Exit Of NPS Lite Swavalamban Subscribers – PFRDA
PFRDA permits withdrawal of NPS corpus of Rs 5 lakh without buying annuity
PFRDA permits withdrawal of NPS corpus of Rs 5 lakh without buying annuity Currently, NPS subscribers having a corpus of over Rs 2 lakh at the time of retirement or attaining the age of 60 years need to buy an annuity, offered by insurance companies, on a mandatory basis. They can take out the remaining 60 per cent as a lump sum. The Pension Fund Regulatory and Development … [Read more...] about PFRDA permits withdrawal of NPS corpus of Rs 5 lakh without buying annuity
Non-residents can easily open NPS account online
Non-residents can easily open NPS account online NPS is a retirement savings scheme wherein subscribers are allotted a Permanent Retirement Account Number (PRAN) which is unique to every consumer Non-Resident Indian or NRI can open an National Pension System (NPS) account online if he/she has a PAN card and an account in a bank. NPS is a retirement savings scheme … [Read more...] about Non-residents can easily open NPS account online