An Overview of New Contributory Pension System (NPS) – Confederation NEW CONTRIBUTORY PENSION SYSTEM (NPS) M.krishnan Secretary General Confederation of Central Govt. Employees & Workers Pension system was in vogue in India for a century or more and the British Government during the pre-independence era introduced Pension Rules for Government employees and thus made it […]
New Pension Scheme
Lok Sabha Q&A – Minister Replied For Vaiours Question Of NPS & OPS
New Pension Scheme(NPS) Vs Old Pension Scheme(OPS) Various questions asked in Parliament regarding Old and New Pension Schemes on 10th August 2018 and the Minister replied for the questions are given below… GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA UNSTARRED QUESTION NO: 4075 ANSWERED ON: 10.08.2018 Reintroduction of Old Pension Scheme RAKESH SINGH Will […]
NPS Defined Contribution – Sailent Features
Defined Contribution Pension Scheme (NPS) – Salient Features) Defined Contribution Pension Scheme (National Pension System) (Salient Features) The National Pension System works on defined contribution basis and will have two tiers – Tier-I and II. Contribution to Tier-I is mandatory for all Government servants joining Government service on or after 1-1-2004 (except the armed forces […]
Minister Replied In Parliament – Abolition Of Contributory Pension Scheme
Not Possible to Revert Back to Old Pension Scheme It is not possible for the government to revert back to old pension scheme – Minister replied in Parliament on 24.7.2018 Abolition of Contributory Pension Scheme Representations have been received from various Associations of Government Employees on the problems being faced and the demand to withdraw […]
RTI Reply – New Pension Scheme
Number of Central Government NPS Subscribers Department-wise New Pension Scheme – Number of Central Government Employees as on 30.04.2018 – RTI Reply New-Pension-Scheme-Number-of-Central-Government-Employees Source: http://confederationhq.blogspot.com
Ministry Of Finance – Important Announcements And Approvals In Board Meeting Of PFRDA
Important Announcements and Approvals in Board Meeting of PFRDA “Modification in Partial Withdrawal rules under NPS & Increasing cap on equity investment in active choice to 75% from current 50% for Private Sector Subscribers” Ministry of Finance Important Announcements and Approvals in Board Meeting of PFRDA Pension Fund Regulatory and Development Authority (PFRDA) is established […]
FATCA Self-Certification Submit Through Online – NPS Subscribers
FATCA Self-Certification Submit Through Online – NPS Subscribers Foreign Account Tax Compliance Act (FATCA) and Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) Ministry of Finance Pension Fund Regulatory and Development Authority prescribes New NPS Subscriber Registration Form – Additional Mandatory Requirements Pension Fund Regulatory and Development Authority (PFRDA) has been established by […]
FATCA Compliant Status Of NPS Subscribers
FATCA Compliant Status Of NPS Subscribers Click here to Know your FATCA Compliant Status Online Submission of FATCA Self-Certification Subscribers registered on or after July 1, 2014 are mandatorily required to submit FATCA Self–certification Please follow the steps given below for online Self-Certification: Log-in to your NPS account (please visit www.cra-nsdl.com) Click on sub menu […]
Minimum Guaranteed Pension Under NPS
Minimum Guaranteed Pension under National Pension System (NPS) – BPMSREF: BPMS/17th TC/NPS/Cir/33 Dated: 31.03.2018 To, The Office Bearers and CEC Members Bharatiya Pratiraksha Mazdoor Sangh & The President/ General Secretary Unions affiliated to the federation Subject: One day Agitational Programme on 24.04.2018 on Minimum Guaranteed Pension under National Pension System (NPS). Dear Brothers and Sisters, […]
Exemption of Railways from New Pension Scheme (NPS)
Exemption of Railways from New Pension Scheme (NPS) No.IV/NPS/PFRDA BILL/Part I Dated: 19/03/2018 Shri Piyush Goyal, Hon’ble Minister of Railways, Rail Bhavan, New Delhi Dear Shri Goyalji, Sub: Exemption of Railways from New Pension Scheme (NPS) –reg. Ref: (i) Hon’ble MR’s D.O. No. 2012/F(E)III/1/4-Pt dated 29th March 2014 to Hon’ble Finance Minister, Government of India […]