NPS-Lite-Swavalamban Subscriber’s Guide to Account Maintenance

The NPS-Lite-Swavalamban Scheme, launched in 2010 by the Pension Fund Regulatory and Development Authority (PFRDA), aimed to provide old-age income security to economically disadvantaged individuals. Enrolment under the scheme was discontinued in 2015 with the introduction of the Atal Pension Yojana (APY), except for Gramin Dak Sevaks of the Department of Post (DoP). Existing subscribers registered under NPS-Lite-Swavalamban between 2010 and 2015 were allowed to continue, with an option for subscribers aged 18 to 40 to migrate to APY.

Subscribers registered under NPS-Lite-Swavalamban Scheme

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
B-14/A, CHHATRAPATI SHIVAJI BHAWAN, QUTAB INSTITUTIONAL AREA,
KATWARIA SARAI, NEW DELHI – 110 016.

PUBLIC NOTICE

Subscribers registered under NPS-Lite-Swavalamban Scheme

  1. NPS-Lite-Swavalamban scheme was launched in the year 2010 to provide old-age income security to economically disadvantaged sections of society. Given the launch of the Atal Pension Yojana (APY) in 2015, fresh enrolment under the NPS-Lite Swavalamban scheme was ceased except for the enrolment of Gramin Dak Sevaks of the Department of Post(DoP). The existing subscribers registered under NPS-Lite-Swavalamban Scheme during period 2010 to 2015 were allowed to continue under the scheme, and also, the subscribers between the age of 18 to 40 years were given option to migrate to APY.
  2. The exiting subscriber under NPS-Lite -Swavalamban Scheme are hereby informed as:

(a) Subscribers can deposit subsequent contributions through their underlying PoPNPS-Lite/Aggregator or can contribute online by logging into eNPS portal at https://enps.nsdl.com/eNPS/InitialExistingUser.html.

(b) Subscribers between the age of 18 to 40 years can migrate to APY to avail the benefit of guaranteed pension. For migration of account the subscribers may contact the bank/post office where the savings bank account is held by them.

(c) Subscribers above the age of 40 years who do not wish to continue under the scheme can exit by submitting the premature exit request/form to the underlying PoPNPS-Lite/Aggregator.

  1. The subscribers are advised to update/add/modify the bank account details, contact details and/or nominee details, as required in their respective PRAN through their underlying PoPNPS-Lite/Aggregator to ensure effective maintenance of their account.
  2. The subscribers can check the statement of the transaction (SOT) by login into https://npslite-nsdl.com/ or by downloading the NPS-Lite mobile App. The subscribers for more details can visit the PFRDA’s website (www.pfrda.org.in) or call to toll-free no 1800 110 908

Source

PDF Link

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from Govtempdiary

Subscribe now to keep reading and get access to the full archive.

Continue reading