NPS To OPS – Revert to Old Defined Benefit Pension System – Parliament Q&A on 28.12.2018 National Pension System to Old Pension Scheme Lok Sabha Un Starred Question No.2954 (a) whether the Government is planning to reconsider the Old Pension Scheme on optional basis for Central Government Employees on heavy demand of employee associations across the country and if so, the … [Read more...] about National Pension System to Old Pension Scheme
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National Pension System
NPS To OPS: Cabinet Approved Contribution 10% to 14%
NPS To OPS: Cabinet Approved Contribution 10% to 14% The Union Cabinet in its Meeting on 6th December, 2018 has approved the enhancement of the mandatory contribution by the Central Government for its employees covered under NPS Tier-I from the existing 10% to 14%. Ministry of Finance Streamlining of National Pension System (NPS) Decision The Union Cabinet in its Meeting … [Read more...] about NPS To OPS: Cabinet Approved Contribution 10% to 14%
Implementation of National Pension System by Central Autonomous Bodies
Implementation of National Pension System by Central Autonomous Bodies PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE Conference on Implementation of National Pension System by Central Autonomous Bodies A conference on implementation of National Pension System by Central Autonomous Bodies (CABs) was organized by PFRDA on 13th June 2018 at New Delhi. The … [Read more...] about Implementation of National Pension System by Central Autonomous Bodies
Withdrawal of NPS is not within the purview of NPS Committee – Confederation
GOVT. MADE IT CLEAR THAT WITHDRAWL OF NPS IS NOT WITHIN THE PURVIEW OF NPS COMMITTEE. YOUNGER GENERATION EMPLOYEES CHEATED: Withdrawal of NPS or exemption from NPS was one of the most important demand of the NJCA in the 11th July 2016 deferred indefinite strike. In the statement issued by NJCA on 06-07-2016 after deferring the indefinite strike, it stated as follows: “The … [Read more...] about Withdrawal of NPS is not within the purview of NPS Committee – Confederation
New Benefits announced for NPS Subscribers in Union Budget 2017-18
Tax-exemption to partial withdrawal from National Pension System (NPS) : This benefit will be effective on partial withdrawal made by the subscriber after 1st April 2017. Press Information Bureau Government of India Ministry of Finance 02-February-2017 12:20 IST New Benefits announced for NPS Subscribers in Union Budget 2017-18 In a bid to provide further impetus to the … [Read more...] about New Benefits announced for NPS Subscribers in Union Budget 2017-18