NPS – National Pension System FAQ on Exit and Withdrawal from NPS
NPS for Central Government Employees – Latest Frequently Asked Questions compilation by NPS Trust on Exit and Withdrawal from NPS
7th Pay Commission – Big changes made in National Pension System (NPS)
7th Pay Commission – The Centre has been making changes in the National Pension System (NPS) to make it more employee friendly. 7th Pay Commission: Lakhs of state government employees have been demanding the restoration of the old pension scheme. Conceding to the rising pressure, the Centre has been making changes in the National Pension System…
NPS govt contribution increased to 14% – Notification issued
NPS for Central Government Employees – Contribution by Govt increased from 10% to 14% – Gazette Notification issued by Ministry of Finance
National Pension System to Tripura Government Employees
National Pension System to Tripura Government Employees recruited on or after 1st July 2018
Authorisation of withdrawals under National Pension System – Railway Board
Authorisation of withdrawals under National Pension System (NPS) – Personnel Deptt. shall perform the function of “Initiator and Proposer” and Accounts Deptt. of “Recommender and Authoriser”
Withdrawal of Pension Facility
Withdrawal of Pension Facility under National Pension System (NPS)
No proposal for replacing NPS with Regular Pension Scheme – Govt informs in parliament
While Govt increased its contribution to NPS for Central Government Employees from 10% to 14% which will cost Rs. 2840 Crore in 2019-20, Minister informs parliament that it has no proposal to replace NPS with regular Pension Scheme due to raising and unsustainable Pension Bill
Changes made in the NPS will have a big impact on retirement planning
The biggest challenge for individuals retiring in our country has been the lack of a social security system to provide a meaningful family pension income post retirement. Unfortunately, this challenge may still take time to get addressed. The second biggest challenge for savings towards retirement has been creating portfolios that beat inflation. Inflation is to…
NPS Withdrawal Norms – Conditions for withdrawing fund from NPS before maturity
Recent Changes in conditions for withdrawing amount from NPS before maturity – PFRDA press release
NPS – Processing of Partial Withdrawal Request by 31.12.2018
Public Notice – Processing of Partial Withdrawal requests in system latest by 31.12.2018
Highlights of Changes made in NPS for Central Government Employees
Important Changes made in National Pension System (NPS) for Central Government Employees – Govt contribution increased to 14% and income tax exemption allowed on NPS Maturity Amount
Government contribution to NPS raised to 14% of basic salary
New Delhi: In a bid to make retirement income scheme more attractive for central government employees, the government has agreed to chip in a higher 14 per cent of the basic salary of an individual as its contribution to the National Pension System (NPS), a top source said. The move would benefit over 36 lakh…