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Showing posts with the label Permanent Retirement Account Number

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...

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 ...