One-time option for coverage under CCS (Pension) Rules, 1972 in place of NPS 57/04/2019-P&PW(B)Government of IndiaDepartment of Pension and PW 04.01.2022 Subject: Coverage under Central Civil Services (Pension) Rules, 1972 in place of National Pension System of those Central Government employees whose selection for appointment were finalized before 01.01.2004 but … [Read more...] about One-time option for coverage under CCS (Pension) Rules, 1972 in place of NPS
National Pension System
Litigation for Old Pension Scheme – Rajya Sabha QA
Litigation for Old Pension Scheme - Rajya Sabha QA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (DEPARTMENT OF PENSION & PENSIONERS’ WELFARE) RAJYA SABHA UNSTARRED QUESTION NO. 610 (TO BE ANSWERED ON 02.12.2021) LITIGATION FOR OLD PENSION SCHEME 610 SHRI NEERAJ SHEKHAR: Will the PRIME MINISTER be pleased to state: (a) whether Supreme Court has dismissed … [Read more...] about Litigation for Old Pension Scheme – Rajya Sabha QA
National Pension System (NPS): Withdrawal Rules Explained
National Pension System (NPS): Withdrawal Rules Explained Popular long-term investment plan for retirement - the National Pension System (NPS) allows premature withdrawal or even exit under certain conditions. While, a Tier-1 account allows the subscriber to make a premature withdrawal or even exit under certain conditions, a Tier II account offers greater flexibility in terms … [Read more...] about National Pension System (NPS): Withdrawal Rules Explained
How much should one invest in NPS to get Rs 1 lakh monthly pension after retirement?
How much should one invest in NPS to get Rs 1 lakh monthly pension after retirement? NPS is a social security scheme launched by the Union Government with an aim to provide steady income to individuals after retirement. KEY HIGHLIGHTS NPS is a hybrid investment scheme so experts say it can help young earners accumulate a large corpus for their retirement. By … [Read more...] about How much should one invest in NPS to get Rs 1 lakh monthly pension after retirement?
Online Exit Process For NPS Subscribers Under Government Sector
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
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