NPS – Central Government can now change the investment pattern and choice of Pension funds

NPS – Central Government can now change the investment pattern and choice of Pension funds

Central Government Employees who are NPS subscribers can now choose investment pattern for their NPS subscription and Pension fund in which annuity to be taken PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, Chhatrapati Shivaji Bhawan, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016. Ph : 011-26517501, 26517503, 26133730 Fax : 011-26517507 Website: www.pfrda.org.in CIRCULAR PFRDA/2019/12/REG-PF/1 Date:…

Increase in NPS Contribution from 10% to 14% – Addendum to Gazette Notification

Increase in NPS Contribution from 10% to 14% – Addendum to Gazette Notification

Increase in NPS Contribution – The monthly contribution would be 10 percent of the Basic Pay plus Dearness Allowance to be paid by the employee and 14 percent of the Basic Pay plus DA by the Central Government – Gazette Notification MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 31st January, 2019…