Clarification on Revision of Service Charges to POPs under NPS All Citizen and Corporate Model
Clarification on Revision of Service Charges to POPs under NPS All Citizen and Corporate Model PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, Chhatrapati Shivaji Bhawan, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016. PFRDA/2017/34/P&D/1 31st October 2017 To All Stakeholders in the National Pension System Subject: Clarification on Revision of Service Charges to POPs under NPS (All Citizen and Corporate Model) This has reference to the circular PFRDA/2017/34/P&D/1 dated 27th October 2017 on revision of service charges to Points-of-Presence (POPs) under NPS (All Citizen and Corporate Model). In continuation of the same, the following points may be noted: i. The revision of service charges to POPs on subscriber registration to POPs will be effective from 01st November 2017. ii.The POPs will continue to have the option to negotiate the charges with the subscribers, but within the prescribed charge structure. iii. The newly introduced persistency charge of Rs...