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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,...

DOE: COMPENSATION FOR NON-DEPOSIT OR DELAYED DEPOSIT OF CONTRIBUTION UNDER NATIONAL PENSION SYSTEM (NPS) DURING 2004-12

DoE: Compensation for non-deposit or delayed deposit of contribution under National Pension System (NPS) during 2004-12 No.1(21)/EV/2018 Government of India Ministry of Finance Department of Expenditure (E-V Branch) North Block, New Delhi the 12th April, 2019 Subject:   Compensation for non-deposit or delayed deposit of contribution under National Pension System during 2004-12 The undersigned is directed to invite attention to the guidelines issued by Controller General of Accounts, Ministry of Finance, Department of Expenditure, vide OM No.1(7)/2003/TA/Part file/279 , dated 02.09.2008 for streamlining of procedure for remittances of contributions under the National Pension System (NPS) by PAOs/CDDOs and NCDDOs which provides, inter-alia, the detailed procedure for t he purpose of crediting of the NPS contribution to the NPS Trustee Banks so as to ensure that the contribution is credited to the NPS regulatory system as per the timelines prescribed therein without delay. ...

GPF TO BE INTRODUCED TO WILLING NPS EMPLOYEES- AIDEF CIRCULAR

General Provident Fund (GPF) to be introduced to willing National Pension System (NPS) employees- AIDEF Circular ALL INDIA DEFENCE EMPLOYEES’ FEDERATION Special Circular No.72 Date : 13.04.2019 As already informed to you the meeting of the National Council (JCM) was held on 13/04/2019 under the Chairmanship of the Cabinet Secretary. AIDEF was represented by Comrades C. Srikumar, K.Balakrishnan and R.S.Reddy. After the introductory remark by the Cabinet Secretary the Staff Side raised the following issues: The 47th Meeting of the National Council (ICM) is being Called by the Chairman after a period of 9 years. The last i. e. the 46th meeting of the National Council (JCM) was held on 15 May 2010. Under the JCM Scheme the Ordinary meetings of the National Council shall be held as often as necessary, and not less than once in four months. Special meetings can also be called by the Chairman or on a request from the Staff Side. Unfortunately between 1999 and as on date only 7 meet...

NPS TO OPS: ABOLITION OF NATIONAL PENSION SYSTEM AND FOR RESTORATION OF OLD PENSION SCHEME

NPS to OPS: Abolition of National Pension System and for restoration of Old Pension Scheme Annexure-I F.No-20/07/2017-PR 18.03.2019 To Shri C. Srikumar, General Secretary, All India Defence Employees’ Federation, S.M. Joshi BhavanI, Survey No. 81 , Dr. Babasaheb Ambedkar Road, Khadki, Pune – 411 003. Subject:   Representation received for abolition of National Pension System and for restoration of Old Pension Scheme – reg. Sir, Kindly refer, to your representation dated 03.11.2018 on the subject cited above. In this connection, it is started that the introduction of National Pension System (NPS) was a policy decision of the Government of India in view of the Increasing pension liability on the economy. Your concerns In this regard have been noted. It Is informed that based on the feedback received from time to time from the subscribers covered under NPS and other stakeholders, the Government of India, based on the Committee of Secretaries recommendations, has recen...

GOVERNMENT WILL SOON START THE SELECTION PROCESS FOR THE NEW PFRDA CHAIRMAN

Government will soon start the selection process for the new PFRDA chairman The government will soon start selection process for a new chairman of pension fund regulator PFRDA to succeed the present chief, Hemant G Contractor, whose term is slated to end in April. “The Finance Ministry will soon come out with an advertisement to find a successor to head the Pension Fund Regulatory and Development Authority (PFRDA),” Contractor’s term will be completed on April 30, 2019. PFRDA was re-constituted into a statutory body after notification of PFRDA Act in 2014. Contactor is the first Chairman to head the regulatory body. He had joined   PFRDA   on October 7, 2014. As per the Act, the chairman will have a tenure of 5 years or till age of 65 years, whichever is earlier. Contractor was previously held the post of SBI managing director before being appointed as the PFRDA Chairman. The pension fund regulator has reached a subscriber base of 2.65 crore in its flagship Na...

SUGGESTION TO INCLUDE THE ELECTION MANIFESTO TO SCRAP THE NATIONAL PENSION SYSTEM THAT HAS TAKEN AWAY THE PENSION RIGHTS OF CENTRAL GOVERNMENT EMPLOYEES – NC JCM STAFF SIDE

Suggestion to include the right of Central Government employees in your party’s election manifesto regarding the scrapping of the National Pension System Proposal to include in the election manifesto of your party with regard to the scrapping of the National Pension System “If you will be able to indicate your intention to replace the present new contributory scheme with the old Statutory Pension structure, in your manifesto, it might help immensely to elicit the support of the Central Government employees and their family members to your party candidates in the ensuing general election.” NJCA National Joint Council of Action 4, State Entry Road, New Delhi – 110055 No.NC-JCM-2019/NPS March 8, 2019 To The Chief Executive, All Recognised National and State level Political Parties Sub:-   Proposal to include in the election manifesto of your party with regard to the scrapping of the National Pension System which has taken away the pension right of Central Government E...

NPS ADDITIONAL RELIEF SCHEME BENEFICIARIES FAQ

NPS – Additional Relief Scheme Beneficiaries FAQ Q. 1. Who is a beneficiary under the NPS – Additional Relief Scheme (NPS-AR)? What is the benefit under NPS- Additional Relief Scheme? A. Provisional Pension is sanctioned in case of death/disability of Government Employees who joined Government of India service on or after 1st January 2004 and were covered under the New Pension Scheme. This is payable to the spouse/family pensioner of the deceased Government employee or to the disabled Government employee. The additional relief is in the form of provisional pension on defined benefit lines and as an interim relief till the finalization of pending issue of Rules& Regulations for the New Pension Scheme. Q. 2. What is the Provisional Pension Payment Order (PPPO) under NPS- Additional Relief Scheme? a.   A PPPO is a Provisional Pension Payment Order for Disbursement of pension provisionally under NPS- Additional Relief Scheme. It is issued in triplicate (three copies) by the pe...