Recovery of NPS subscription fee/charge-JCM(NC) Staff Side writes to Government.

Recovery of NPS subscription fee/charge-JCM(NC) Staff Side writes to Government.

Ph:- 23382286

National Council (Staff Side)
Joint Consultative Machinery for Central Government Employees
13-C, Ferozshah Road, New Delhi – 110001
E Mail : nc.jcm.np@gmail.com

Shiva Gopal Mishra
Secretary

No.NC/JCM/2015

Dated: October 31, 2015

Shri Sanjay Kothari,
Secretary,
Ministry of Personnel, Public Grievances & Pensions,
Department of Pension & Pensioners’ Welfare
(Government of India),
North Block,
New Delhi – 110001

Dear Sir,

Sub: Recovery of NPS subscription fee/charge

Ref:- Dy.General Manager, NPS Trust, New Delhi’s notice dated 19.10.2015

It has come to out notice that, @ 0.01% of the AUM on daily accrual basis is proposed to be imposed on the NPS Subscribers.

In this connection, it is worth-mentioning that, in the past, it was assured to the Central Government Employees that, no Administrative Charge/Fee would be imposed on any of the Government employees.

Orders to this effect, if so issued, should immediately be withdrawn.

Comradely yours,

(Shiva Gopal Mishra)
Secretary (Staff Side)
NC/JCM & Convener