NPS Subscribers can withdraw up to 25% of accumulated Pension Wealth for the purpose of Education, Marriage, expenditure towards medical treatment for listed illness etc
A conference on implementation of National Pension System by Central Government Ministries/Departments and CABs was organized by PFRDA
Awareness about benefits of NPS - PFRDA conducts the Workshop with Corporates to create an awareness about the features, benefits and the process of joining National Pension System (NPS)
Fraudsters trying cheat NPS Subscribers by giving false promise to release funds - Fraudulent activities in name of NPS – PFRDA Public Notice
PFRDA – Exits and Withdrawals under the NPS (First Amendment) Regulations, 2017 - Gazette Notification
NPS retirement Advisers can register with PFRDA online now - PFRDA smoothens the Process of Registration of Retirement Advisers
PFRDA - Transfer of amount from recognised Provident Fund / Superannuation fund to National Pension System (Applicable for the individual employees)
NPS - PFRDA Circular Allowing multiple choice to the subscribers/corporates to change Investment Option and Asset Allocation Ratio during the Financial Year
PFRDA Circular on Charges and incentive structure under NPS Lite w.e.f. 01.04.2017
Budget 2017 – New Benefits announced for NPS Subscribers
NPS subscribed Employees can update Aadhaar in their PRAN accountUpdation of AADHAR no. in PRAN of Subscribers.
Central government employees who are subscribers of the National Pension System (NPS) may get to choose their pension fund managers (PFM) and also decide on their investment allocation.
No more physical application to open NPS Account if Aadhaar identity produced - PFRDA circular
NPS - PFRDA circular on Advisory Fee under PFRDA (Retirement Adviser) Regulation 2016
Government is expected to take a decision soon on a proposal to allow its employees to raise their contribution in stocks as well as choose fund managers under the New Pension System.
PFRDA Clarification on Family Pension cases on Death/disability of subscriber.
PFRDA guidelines in processing family pension of deceased subscriber
Life Cycle Funds provide options for decreasing risk factor with increase in age and high ceiling in equity for subscribers with more risk appetite
PFRDA Press Release states that number of NPS subscribers of the Central Govt. which crossed the figure of 16 lacs. Total assets pertains to NPS subscribers who are are Central Government Employees crossed Rs. 46,000 Cr in March 2016
In the case of death of NPS subscriber entire accumulated pension wealth (100%) would be paid to the nominee/legal heir of the subscriber and there would not be any purchase of annuity/monthly pension.
NPS subscribers of Central Government are 14.1% of the total subscribers while that of the State Governments are 24.9%. The NPS subscribers under NPS Lite constitute 39% while under APY 17% of the total subscribers.