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Central Government News

HIGH COURT ORDER TRANSFERRING NPS SUBSCRIPTION INTO GPF ACCOUNT

High Court Order transferring NPS Subscription into GPF account Regarding transfer of NPS to GPF Government of India Office of the director (Accounts) Ministry of Home Affairs Pay and accounts office, C.R.P.F Plot No.14, PSF-2 Sector-23, Rohini, New Delhi – 110085 No.PAO/CRPF/MHA/NPS/DA-I(1)/2018-19/797 Dated, the 15 March,2019, To The IG (Admin), Directorate General, CRPF, CGO Complex Lodhi Road, New Delhi-110003 Subject:   Reg.transfer of NPS to GPF. I am to say that various cases for transferring NPS subscriptions into GPF account have been received to this office after order of Hon’ble High Court of Delhi in respect of WP(C) No.3834/2013 and WP(C) No.2810/2016 vide which benefits of Old pension Scheme are extended to personnel joined in the year 2004. As there is a large number of subscribers under this kind of transfer and many requests are received along with information of office orders issued by various authorities (i.e., The Commandants, The DIGs, The IGs,...

NATIONAL PENSION SYSTEM TRUST (NPS TRUST) – PROCESSING OF PARTIAL WITHDRAWAL REQUEST

National Pension System Trust (NPS Trust) – Processing of Partial Withdrawal request Public Notice – Processing of Partial Withdrawal requests in system latest by 31.12.2018 National Pension System Trust (NPS Trust) Are you an NPS subscriber who has applied for partial withdrawal from PRAN but has yet to receive the funds? If yes, please read and act upon the following message immediately: An NPS subscriber is permitted to make partial withdrawal for specified purpose after three years of joining. If the subscriber has applied for partial withdrawal, the completed hard copy form and documents are also required to be submitted to the concerned nodal office for verification and authorization. In absence of submission of the hard copy form and documents to the nodal office, the online partial withdrawal request will remain pending in the system and the subscriber will not receive the funds. As per advisories issued by the Pension Fund Regulatory & Development Authority ...

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESCRIBES NEW NPS SUBSCRIBER REGISTRATION FORM – ADDITIONAL MANDATORY REQUIREMENTS

Ministry of Finance Pension Fund Regulatory and Development Authority prescribes New NPS Subscriber Registration Form – Additional Mandatory Requirements 20 APR 2018 Pension Fund Regulatory and Development Authority (PFRDA) has been established by the Government of India for regulation and development of Pension Sector in order to protect the old age income security of subscribers. PFRDA takes various initiatives from time to time in order to simplify and improve the operational issues in National Pension System (NPS) like new functionality development under NPS architecture, simplification of account opening, withdrawal, grievance management etc. In this regard, it has been decided by the Authority to make bank account details and mobile no. mandatory to provide ease of operation for the benefit of subscribers and make the process of Exit from NPS hassle free. Further, in compliance with the Prevention of Money Laundering Act guidelines issued by the Government of India, Foreign Accou...