Exits and Withdrawals under the National Pension System – Railway Board

Enhancement of Lump sum Withdrawal limit on Exit: PFRDA

Pension Fund Regulatory and Development Authority – Exits and Withdrawals under the National Pension System: Railway Board Order dated 10.08.2021

RBE No. 61/2021

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. 2016/F(E)}IIN/1(1)/3

New Delhi, dated: 10.08.2021.

The GMs/Principal Financial Advisors,
All Indian Railways/Production Units (etc),
(As per mailing list)

Sub: Exits and Withdrawals under the National Pension System – regarding.

A copy each of the Pension Fund Regulatory and Development Authority (PFRDA)’s Gazette Notification No.PFRDA/12/RGL/139/8 dated 29.09.2020 and 14.06.2021 issued in amendment of the provisions of the Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) Regulations, 2015 are enclosed herewith for information and compliance.

2. The Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) Regulations, 2015 mentioned in the Gazette Notification enclosed herewith were adopted on Railways vide letter of even number dated 27.05.2016. The amendments carried out by the Pension Fund Regulatory and Development Authority (PFRDA) in the regulations were circulated on Railways vide letter of even number dated 23.04.2020.

(G. Priya Sudarsani)
Director, Finance (Estt.),
Railway Board.

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Also check the following links related to this topic:

PFRDA (Exits and Withdrawals under the NPS) (Amendment) Regulations, 2021

Premature exit of NPS Lite Swavalamban Subscribers – PFRDA

Exit through self-authorization by e-NPS subscribers – PFRDA