National Pension System (NPS): 10 Things To Know Before March 31, 2018
National Pension System (NPS) is an easily accessible, low-cost, tax-efficient, flexible and portable retirement savings account.
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PFRDA expects NPS subscribers to touch 21 million by FY18 end
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.
Family Pension admissible to NPS covered Central Government Employees – Clarification
Family Pension to the family of NPS covered Central Government Employees in the case of death of the employee concerned either attributable to Government Service or not attributable to Government Service
How to declare FATCA details for your NPS Account ?
Subscribers have been requested to provide FATCA self-certification online even if they have already submitted the physical Self-Certification form to CRA.
NPS Committee Minutes of Meeting held on 17.03.2017
Minutes of the meeting of the Committee to suggest measures for streamlining implementation of the National Pension System (NPS) held on 17.03.2017
NPS Committee Meeting on 17th March 2017 – Brief of Meeting
NPS Committee Meeting - Staff Side demanded Guarantee for payment of 50% of Last Pay drawn as Pension and issue of statement of amount credited in NPS Fund at least annually
NPS subscriber can choose type of investment option once in 6 months – PFRDA orders
NPS - PFRDA Circular Allowing multiple choice to the subscribers/corporates to change Investment Option and Asset Allocation Ratio during the Financial Year
NPS – Detailed procedure, Benefits and and guidelines issued by Govt from time to time
Write-up on National Pension System (NPS) - Detailed procedure, Benefits and and guidelines issued by Govt from time to time
Withdrawal of NPS is not within the purview of NPS Committee – Confederation
Confederation article regarding announcement of withdrawal of NPS is not within the purview of NPS Committee
Partial withdrawal from NPS exempted from Income Tax – PFRDA press release
Budget 2017 – New Benefits announced for NPS Subscribers
NPS subscription by Central Government Employees – procedure for streamlining suggested Staff…
NC JCM Staff Side insists on Meeting of the Committee constituted to suggest measures for Streamlining the implementation of the NPS
NPS Committee invites Suggestions for streamlining National Pension System
NPS Committee invites Suggestions for streamlining the implementation of the National Pension System for Central Government employees
Additional Relief on Death / Disability of NPS covered employees extended to All India Service…
Extension of scope of Additional Relief on death/disability of Government Servants covered by the New Defined Contribution Pension System(NPS).
No more physical application to open NPS Account if Aadhaar identity produced
No more physical application to open NPS Account if Aadhaar identity produced - PFRDA circular
No proposal to introduce any new pension scheme for retired Central Government employees
Union Minister of State Reply - No proposal to introduce any new pension scheme for retired Central Government employees
NPS returns – Reaches double digit in the past 5 Years.
New Pension Scheme deposits earns more than 10% return for the past 5 Years. This is more than any other provident fund scheme in which interest hovering around 8%
NPS issue given equal importance in 7th Pay Commission negotiations – NJCA Clarification
Problems of NPS employees were taken well in 7th Pay Commission negotiations which resulted in Govt's decision to form a Committee to look in to NPS related issues - NJCA Clarifies
eNPS (NPS Online) Frequently Asked Questions
eNPS is an online platform provided by NPS Trust for enabling individuals to open his/her Individual Pension Account under NPS (Tier-I & Tier-II) and also facilitate the new or existing subscribers to make initial or subsequent…
NPS – PFRDA Guidelines for Partial Withdrawal from accumulated Pension Wealth
A partial withdrawal of up to 25% of the contributions made by the subscriber is allowed for important reasons such as marriage or higher education of children, construction of house, critical illness etc
NPS Exit and purchase of Annuity – Clarification issued by PFRDA
In the case of death of NPS Subscriber, entire matuity amount has to be paid to nominee or legal heir of the NPS Susbscriber without any need to purchase Annuity