CHANGES TO NATIONAL PENSION SCHEME (NPS) - RAJYA SABHA Q and A Whether Government is planning to offer its employees a guaranteed pension of about 50% of the last pay drawn, under the National Pension Scheme (NPS)? Ministry of FinanceDepartment of ExpenditureRAJYA SABHA STARRED QUESTION … [Read more...] about Changes to National Pension Scheme (NPS) for Central Govt Employees
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Setting up of a Committee to review the Pension System for Government Employees – DoE Orders 2023
Setting up of a Committee under the Finance Secretary to review the Pension System for Government Employees - DoE Order Dated 6.4.2023 No.1(4)/E-V/2023 Government of India Ministry of Finance Department of Expenditure North Block, New Delhi, 6th April, 2023 OFFICE MEMORANDUM Subject: … [Read more...] about Setting up of a Committee to review the Pension System for Government Employees – DoE Orders 2023
NPS Subscribers Mandatory to Upload of the KYC Documents wef 1st April 2023
NPS New Rule from 1st April 2023 Mandatory upload of Withdrawal/ KYC documents to enable Parallel Processing of Exit and Annuity for the benefit of NPS Subscribers Exit from NPS and to benefit them with timely payment of annuity income, the upload of the documents shall be mandatory with effect … [Read more...] about NPS Subscribers Mandatory to Upload of the KYC Documents wef 1st April 2023
Percentage of Government’s Monthly Contributions to the National Pension Scheme (NPS) for all CG Employees
National Pension Scheme Benefits for all the Employees of Union Government GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA UNSTARRED QUESTION NO: 2455 ANSWERED ON: 01.08.2022 National Pension Scheme Vinayak Bhaurao Raut Arvind Ganpat Sawant Ranjanben Dhananjay Bhatt Will the Minister of … [Read more...] about Percentage of Government’s Monthly Contributions to the National Pension Scheme (NPS) for all CG Employees
Enhancement of CAB Employer’s Contribution from 10% to 14% under NPS – Finmin Orders 2021
Department of Financial Services’ Gazette Notification No.1/3/2016-PR dated 31.01.2019, inter-alia, enhancing the employer’s share of contribution for Central Government NPS subscribers from 10% to 14% w.e.f. 01.04.2019. F. No. 1 (3)/EV/2020 Government of India Ministry of Finance Department of … [Read more...] about Enhancement of CAB Employer’s Contribution from 10% to 14% under NPS – Finmin Orders 2021