National Pension System (NPS) is an easily accessible, low-cost, tax-efficient, flexible and portable retirement savings account.
There is a proposal to raise the equity exposure in NPS to 75 percent and PFRDA has floated a concept paper on this. Contractor said that this is still open for public comments and that it will finalise it once they are received.
Earlier, subscribers under the pension scheme (NPS) were permitted to withdraw accumulations not exceeding 25 percent of the contributions made by him or her after 10 years.
The proposal of long-term capital gains tax will not have much impact on the National Pension Scheme (NPS), a top Pension Fund Regulatory and Development Authority (PFRDA) official has said.
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.