NPS Accumulation on Mobility of personnel amongst Central/State and Autonomous Bodies
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
RBA No. 76/2020
No. 2020/AC-II/21/7
New Delhi, dated 18.09.2020
General Managers/PFAs,
All Indian Railways & PUs etc.
Sub: ACS No. 150- Introduction of new detailed head in Indian Railway Finance Code Vol. II for Accountal of NPS Accumulation on Mobility of personnel amongst Central/State and Autonomous Bodies while working under Pensionable establishment.
Please connect Board’s letter No. F(E)III/2005/PN1/35 dated 19.08.2020 circulating Department of Pension and Pensioners’ Welfare(DOP&PW)’s O.M. No. 28/30/2004-P&PW (B) dated 11.06.2020. As regards instructions with respect to para 9 of DOP&PW’s letter ibid, the accountal of corpus of NPS account of Railway employees will be as follows:
| Serial number | Category | Prescribed minimum base stipend amount for 1st year of training |
|---|---|---|
| (1) | (2) | (3) |
| (i) | School pass-outs ( class 5th – | ₹ 5000 per month |
| class 9th ) | ||
| (ii) | School pass-outs ( class 10th) | ₹ 6000 per month |
| (iii) | School pass-outs ( class 12th) | ₹ 7000 per month |
| (iv) | National or State Certificate holder | ₹ 7000 per month |
| (v) | Technician (vocational) apprentice or Vocational Certificate holder or Sandwich Course (Students from Diploma Institutions) |
₹ 7000 per month |
| (vi) | Technician apprentices or diploma holder in any stream or sandwich course (students from degree institutions) |
₹ 8000 per month |
| (vii) | Graduate apprentices or Degree apprenticeship or degree in any stream |
₹ 8000 per month |
| (viii) | Skill certificate holder | a. stipend as per his/her educational qualifications as mentioned in the table above b. In case, he does not fall in any of the above categories, he/she will get a minimum stipend of INR 5000/-per month. |
Contents of the correction slip may please be circulated suitably. Kindly acknowledge receipt.
DA: As above.
(Sanjeev Sharma)
Director Finance/Accounts
Railway Board
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