PFRDA (amendment) regulations, 2023
The Pension Fund Regulatory and Development Authority has issued a notification regarding an amendment to the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015
New Pension Scheme
New Pension Scheme, NPS News, NPS withdrawal, NPS Deduction
PFRDA announces revised salary and allowances Rules 2023
The PFRDA (Salary and Allowances Payable to, and Other Terms and Conditions of Service of, Chairperson and Whole-time Members) Amendment Rules, 2023 have been issued by the Ministry of Finance, Department of Financial Services, on March 22, 2023
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PFRDA: Link PAN with Aadhaar before March 31, 2023
PFRDA has issued an advisory to all Point of Presence (POPs), Central Record-keeping Agencies (CRAs), and NPS Trust, stating that the linking of Permanent Account Number (PAN) with Aadhaar must be completed by March 31, 2023
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Exits and withdrawals under NPS
The Pension Fund Regulatory and Development Authority has announced new regulations to amend the Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) Regulations, 2015
Submission of Documents for Replacing NPS to OPS
The Government of India’s Central Public Works Department has issued an OM dated 20 March 2023 regarding the coverage under the Central Civil Services (Pension) Rules of Central Government employees who were recruited before 22 December 2003
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Financial Information Types for Balances under NPS
PFRDA) has issued a circular, PFRDA/2023/11/Fintech/02, on 16th March 2023, addressing all NPS stakeholders and Account Aggregators (AAs) regarding financial information types for balances under the NPS
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Benefits in Payment of family pension under NPS
The Department of Expenditure, Ministry of Finance has issued an office memorandum regarding the payment of family pension to the eligible family members of Central Government employees covered under the NPS
NPS/APY Functionalities released by CRAs for FY 2022-23
The PFRDA has released a circular informing all stakeholders under the NPS about the functionalities that have been developed and made available by the Central Record Keeping Agencies (CRAs) during Quarter III of the current financial year 2022-23.
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Mandatory upload of Withdrawal/ KYC documents – PFRDA
The Pension Fund Regulatory and Development Authority (PFRDA) has made it mandatory for subscribers of the National Pension System (NPS) to upload withdrawal and KYC documents on the system’s user interface by April 1, 2023.
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Minimum Timelines for Maximum Subscribers benefits
The Pension Fund Regulatory and Development Authority (PFRDA) has issued a circular to inform all stakeholders of the National Pension System (NPS) of the reduction in the turn around time (T+2) for various activities.
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Ease of reclaiming the amount by Subscriber through MWM
The Pension Fund Regulatory and Development Authority (PFRDA) has released a circular outlining the reinvestment of unclaimed transaction amounts and the process for subscribers to reclaim such amounts through the My Withdrawal Module
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