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 […]
NPS
Management of Funds Under NPS
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 […]
NPS in a mess as governments fail to ensure employee participation
Dhirendra Kumar, CEO, Value Research The New Pension Scheme (NPS), which should have become an important part of the country’s savings landscape, is dead, at least for the time being. This, more or less, is what a government committee set up to examine the NPS is saying. The recommendations of the ‘Committee to Review […]
PFRDA: NPS equity investment cap to remain at 50%
PFRDA: NPS equity investment cap to remain at 50% The Pension Fund Regulatory and Development Authority (PFRDA) today said it favoured retaining the cap on investment in equities by the New Pension Scheme at 50 per cent, irrespective of the recommendations of the Bajpai committee. The NPS comprises three investment categories —- G (ultra safe), […]
New Pension Scheme (NPS) latest news
NEW DELHI: The interim pension regulator has sought tax relief on investments in the New Pension Scheme (NPS) to make it more attractive to employees of private sector firms. The Pension Fund Regulatory and Development Authority (PFRDA) has written to the finance ministry seeking level playing field for NPS with other long-term savings schemes […]