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Central Government News

NPS – Online PRAN Generation Module (OPGM)

  GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBA No. 80/2020 No. 202 0/AC-II/21/6 New Delhi, dated: 12.10.2020 PFAs All Indian Railways & PUs Sub: NPS – Online PRAN Generation Module (OPGM) One of the critical process in NPS is generation of PRAN for new recruitment. At present, in most of the Railway & PUs, the same is being generated through submission of physical Subscriber Registration Form (CSRF Ver 1.5) to NSDL appointed CRA-FCs. Though the employee is supposed to register in NPS immediately after his/her joining the Department, verification, authorisation and submission of the same to NSDL involves time and resources. It also results in delay in credit of contribution causing financial loss to the employees, which may give rise to Grievances and RTI queries in future, besides payment of penal interest. The Online PRAN Generation Module (OPGM) developed by NSDL can surely mitigate the impact of delay in PRAN generat...

PFRDA has been established inter-alia is to protect the interests of subscribers of NPS and other pension schemes

  PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY Website : www.pfrda.org.in CIRCULAR CIR No :  PFRDA/2020/37/SUP-CRA/15 Date: September 3, 2020 To. All Stakeholder under NPS Subject : e-Nomination facility for NPS subscribers Pension Fund Regulatory and Development Authority (PFRDA) has been established inter-alia is to protect the interests of subscribers of NPS and other pension schemes regulated by it. PFRDA has allowed comprehensive and digitally enabled solutions for subscribers’ varied needs from on-boarding till the process of exit. 2. Currently, the existing subscribers of NPS, who wish to change their nomination in their Permanent Retirement Account Number (PRAN), are required to submit S2 form (Request for change of Subscriber Master details) physically to the associated Nodal officers, corporates or Points of Presence (POPs) for updation. 3. In order to enable NPS Subscribers with ease of changing the nomination, PFRDA has...

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 ...

ALERT NOTICE FOR GENERAL PUBLIC FROM PFRDA

Alert Notice for General Public from PFRDA PLEASE BEWARE PFRDA NEVER SENDS ANY EMAIL OR MESSAGE PROMISING LARGE SUMS FOR PAYMENT OF FEE ALERT NOTICE “This is to inform general public that PFRDA is a Regulatory Body and does not ever call for any sum for release of funds to any individual from their Permanent Retirement Account (PRAN) maintained with the Centre Record Keeping Agency. It is also informed that PFRDA has appointed entities such as Point of Presence, Aggregators etc. which are banks and non-banking financial companies which are authorized to interact with subscribers for a prescribed fee which is much less than what is being asked for by the fraudsters. PLEASE BEWARE. PFRDA NEVER SENDS ANY EMAIL/MESSAGE PROMISING LARGE SUMS FOR PAYMENT OF FEE/CHARGE. ANY SUCH COMMUNICATION IS SENT WITH THE INTENTION TO DEFRAUD YOU. INFORM POLICE IMMEDIATELY.” Source: http://www.pfrda.org.in