National Pension System (NPS)

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

by

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

by

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

New Pension Scheme for Workers without benefit of Formal Pension

by

New Pension Scheme for Workers without benefit of Formal Pension There are 6.92 crores members under Employees’ Pension Scheme, 1995 as on 31.03.2012. However, to ensure the welfare of the workers who are not benefited by any formal pension scheme, the Government has announced a co-contributory pension scheme the ‘Swalalamban’ whereby the Central Government would … Read more

Revision of Investment Management Fee (IMF) for Pension Fund Managers for Private Sector NPS

by

             Sub: Revision of Investment Management Fee (IMF) for Pension Fund Managers for Private Sector NPS 1. Based on the recommendations of the ‘Expert Committee to determine the Upper ceiling of the Investment Management Fees or other Fees (if any) to be charged by the PFMs in the Private Sector of NPS’ and with the … Read more

Contribution Towards Employee’s Pension Fund

by

Contribution Towards Employee’s Pension Fund An amount of Rs. 14,767.47 crore (as per unaudited Balance Sheet of 2011-12) has been received as contribution in Employees’ Pension Fund for the financial year ending on 31.3.2012. An amount of Rs. 1,62,980.04 crore is balance in Employees’ Pension Fund Contribution Account as on 31.3.2012. The whole amount of … Read more