Category: NPS

PFRDA asks Pension Advisory Committee to study relaxing 40 pc annuity rule

| November 10, 2016

KOLKATA: Regulator PFRDA today said it has asked Pension Advisory Committee (PAC) to study the current norm mandating NPS subscribers to buy an annuity with 40 per cent of their accumulated corpus. “There is an internal discussion on current norm of mandatory annuity of 40 per cent to make it more flexible. We had referred […]

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New pension scheme is against the constitution – High Court

| November 6, 2016

New pension scheme is against the constitution – High Court, Central govt. to reply within six weeks , Please read this news paper report published in hindi Daily Hindustan :- click image below for larger view:-

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Landmark Judgement – Court order for converting NPS to Old Pension Scheme

| October 15, 2016

In the OA No. 180/00020/2015 filed before hon. CAT Ernakulam Bench (Kerala Circle) , Applicants are directly recruited Postal Assistants, appointed in the year 2005 against the vacancies arose in the year 2002. They are aggrieved by not including them in the statutory pension scheme under the CCS (Pension) Hon. CAT, Ernakulam Bench (Kerala Circle) […]

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New Pension System – It’s No Pension Scheme

| October 12, 2016

New Delhi:- Discontent is simmering among the government employees and teachers over the Contributory Pension Scheme also called the National Pension Scheme that was launched in 2003 by the then NDA government. The united Andhra Pradesh government and later the Telangana State governments have also adopted the scheme. The existing employees in 2003 did not […]

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New Pension System – Payment of gratuity after retirement is good news for employees

| October 10, 2016

New Pension System – Payment of gratuity after retirement is good news for employees, Please read this news paper report published in Hindi Daily :-

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New Pension System – Most of the employees don’t know about fund management

| October 6, 2016

New Pension System – Most of the employees don’t know about fund management , Please read this news paper report published in Hindi Daily Bhaskar:- Click image below for larger view:-

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New Pension System to have more fund managers at the cost of subscribers

| October 1, 2016

New Pension System to have more fund managers at the cost of subscribers, Please read this news paper report published in NBT:-  

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NPS scores on returns, outclassed other saving funds

| September 28, 2016

In government bond plans, the NPS has returns of about 11 per cent, whereas long and medium term gilt funds category average is 9.9 per cent New Delhi:- With the Pension Fund Regulatory and Development Authority (PFRDA) trying to push the National Pension System (NPS) aggressively, employees and even professionals have a good option to […]

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Govt May Allow Employees To Raise NPS Fund In Stocks Soon

| September 10, 2016

New Delhi:- Government is expected to take a decision soon on a proposal to allow its employees to raise their contribution in stocks as well as choose fund managers under the New Pension System, regulator PFRDA said. “As you know we have been talking with government to open up the choice of both the fund […]

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Good News – NPS subscribers in central government jobs to get gratuity

| August 30, 2016

Good News – NPS subscribers in central government jobs to get gratuity, Please read this news paper report published in Amar Ujala:-

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