NPS

Video based Customer Identification Process (VCIP) for NPS - PFRDA Circular CIR No.: PFRDA/2020/46/SUP-CRA/18 dated 06.10.2020

D-Remit: Additional option/mode of depositing Voluntary NPS Contributions by creating a Virtual ID linked to their Permanent Retirement Account Number (PRAN) - PFRDA Circular dated 01.10.2020

Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) (Amendment) Regulations, 2020 - Notification dated 29.09.2020

Scrapping of NPS and extending coverage of the OPS under CCS (Pension) Rules-1972 for appointees on or after 01/01/2004: NCJCM urges to FinMin 

National Pension System (NPS) Subscribers to continue Permanent Retirement Account Number (PRAN) in case of premature exit - PFRDA

Demands for the one day strike and one week action programme by the Unions of MES, DRDO, DGQA, DGAQA, EME, NAVY, AOC and IAF

National Pension Scheme Tier II - Tax Saver Scheme, 2020 under Section 80C - Notification No. 45 /2020 dated 07.07.2020

NPS On-boarding through Online PRAN Generation Module (OPGM) without photo and signature shall now be made effective from 1st October 2020

Choice for NPS Subscribers to have physical PRAN card or e-PRAN (PRAN received through e-mail) along with the option to receive welcome kit as well, either physically or through email - PFRDA

OTP based authentication for paperless NPS on-boarding for opening of online NPS Account by prospective Subscribers - PFRDA

NPS withdrawal process at the time of difficulties caused by Covid 19 pandemic - PFRDA Circular dated 05.06.2020

Choice of Pension Funds and Investment Pattern in Tier I of NPS for the Government subscribers employed with State Governments (SG), State Autonomous Bodies (SABs) & Central Autonomous Bodies…

PFRDA: NPS Functionalities released by CRAs in FY 2019-20 - (i) NPS Regular (ii) eNPS and (iii) NPS-Lite/APY

Additional Modes of e-NPS exit: e-NPS withdrawal process and Online Superannuation & Premature Exit Withdrawal Process Flow for e-NPS Subscriber - PFRDA Circular dated 27.05.2020

Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2020

Govt allows partial withdrawal from NPS fund for COVID-19 related illness by subscribers who apply with proper medical certificate and prescribed application

Coverage under Railway Services (Pension) Rules, 1993, in place of National Pension System for selected before 01.01.2004 but joined after 01.01.2004 

Withdrawal of NPS and reintroduction of Old Pension Scheme under CCS (Pension) Rules, 1972 to the Central Government Employees recruited on or after 01.01.2004

Setting up of NPS oversight mechanism - To ensure that NPS contributions are credited on time in respect of all employees under NPS system - Railway Board Order