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Central Government News

NPS: AUTHORISATION OF WITHDRAWALS UNDER NATIONAL PENSION SYSTEM

NPS: Authorisation of withdrawals under National Pension System Authorisation of withdrawals under National Pension System (NPS) – Online Partial/ Premature/ Superannuation/ Exit/ Death Withdrawal Requests: Railway Board GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBA No. 5/2019 No. 2017/AC-II/21/2 New Delhi, dated 15.01.2019 PFAs All Zonal Railways and PUs Sub:   Authorisation of withdrawals under National Pension System (NPS) At present, the Personnel Deptt are exercising function of initiation as well as authorisation (approval) of withdrawal requests of staff of Personnel Deptt. It has been decided that as per maker/checker concept, the Personnel Deptt shall perform the function of initiator and Proposer’ and Accounts Deptt. of ‘ Recommender and Authoriser ‘ for processing the withdrawal requests. The functionality to initiate aforementioned withdrawal requests has been enabled by NSDL for all PAOs. Accordingly, the withdrawal requests will be in...