National Pension System Status – March 2013 A. Sector wise NPS status as on March 2, 2013 SI. No. Employer/Sector Number of subscribers Corpus under NPS(In crore) 1. Central Government 11 25,871 17,047 2. State Government 15 85,349 9,780 3. Private Sector 2 02,679 1,254 4. NPS-Lite 15 79,690 412 … Read more
Pension Fund Regulatory and Development AuthorIty1st Floor, ICADR BulldIng, PIot No. 6. Vasant KunjInstitutional Area Phase II, New Delhi-110070 CIRCULAR PFRDA/2012-13/04/CORP/2 Date 12th February 2013 SUBJECT : NPS- Corporate Sector Model – Discontinuation of ‘Corporate- CG scheme.’ for new corporates joining NPS. It has been decided, with immediate effect, to withdraw the option of Corporate- … Read more
MASTER CIRCULAR -MAIN SUBJECT Withdrawal of erroneous contribution received into NPS instead of GPF. Exit rules under National Pension System for Government Employee Subscribers Exit rules under National Pension System for All Citizen model under UoS including Corporates Processing of withdrawal requests of Non IRA Compliant subscribers Additional Benefit on death/disability of government servant covered … Read more
Confederation of central government employees and workers | explanatory note on demands POINT NO.14 Scrap the New Pension Scheme The defined benefit scheme of pension was introduced replacing the then existing contributory system decades back. . The Government decided to reconvert the same into a contributory scheme on the specious plea that the outflow on … Read more
PFRDA to appoint auditors for pension fund managers To keep a tighter check on investments, the pension regulator has decided to appoint auditors for the pension fund managers (PFMs) and schemes of the National Pension System (NPS). Fund managers will also be expected to make full disclosure of scheme-wise investments on their websites. “As the … Read more