NPS

News for New Pension Scheme Employees

Corporate-CG scheme|Change in Central Government Investment Model for the Corporate Sector

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Pension Fund Regulatory and Development Authority 1st Floor, ICADR Building,Plot No. 6, Vasant Kunj Institutional Area, Phase II, New Delhi-110070   CIRCULAR PFRDA/CIR/1/Corporate-CG/1 Date: 18th October 2012 SUBJECT: Change in Central Government Investment Model for the Corporate Sector Under the NPS-Corporate sector model, the Corporates have been provided option to select the Central Govt. Investment … Read more

Official amendments to the Pension Fund Regulatory and Development Authority Bill, 2011

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Official amendments to the Pension Fund Regulatory and Development Authority Bill, 2011 The Union Cabinet today approved the introduction of certain official amendments to the Pension Fund Regulatory and Development Authority Bill, 2011. These official amendments have been necessitated in view of the recommendations of the Standing Committee on Finance which has examined the Bill. … Read more

PFRDA Issues Revised Set of Guidelines for Registration of Pension Fund Managers to Manage National Pension System for the Non-Governmentand Private Sector

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PFRDA Issues Revised Set of Guidelines for Registration of Pension Fund Managers to Manage National Pension System for the Non-Governmentand Private Sector The Pension Fund Regulatory and Development Authority (PFRDA) today issued a revised set of guidelines for registration of Pension Fund Managers (PFMs) to manage the National Pension System (NPS) for the non-government and … Read more

Subscribers to NPS to Now have Choice of Annuity Service

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Subscribers to NPS to Now have Choice of Annuity Service Providers; PFRDA takes Important Step towards Providing an Exit Route to the Subscribers Subscribers to the National Pension System (NPS) will now have a choice of Annuity Service Providers, from whom they can choose their annuity schemes on their exit from NPS on attainment of … Read more

Management of Funds Under NPS

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Management of Funds Under NPS The investment of pension funds of Government employees, who are covered as subscribers to the New Pension System (NPS), was hitherto being made through a pooling arrangement whereby the funds of such employees were credited to a pool account (pending reconciliation of subscribers’ contribution details) from which such funds were … Read more