Tag: PFRDA

PFRDA will provide minimum assured returns to subscriber.

| September 5, 2013

Subscribers Seeking Minimum Assured Returns Allowed to OPT for Investing their Funds in such Scheme Providing Minimum Assured Returns The Pension Fund Regulatory and Development Authority Bill (PFRDA), 2011 was passed by the Lok Sabha today with official amendments. It was earlier introduced in Lok Sabha on the 24th March, 2011 to provide for a statutory regulatory body thePension Fund Regulatory […]

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WITHDRAW CONTRIBUTORY PENSION SCHEME

| August 8, 2013

CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS 1st Floor, North Avenue PO Building, New Delhi – 110001 WITHDRAW CONTRIBUTORY PENSION SCHEME SCRAP PFRDA BILL PFRDA BILL LISTED IN THE AGENDA OF THE CURRENT SESSION OF THE PARLIAMENT CONFEDERATION CALLS UPON THE CENTRAL GOVERNMENT EMPLOYEES TO ORGANIZE TWO HOURS WALK-OUT PROGRAMME ON THE DAY WHEN THE […]

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KYC documents required for entry & exit of National Pension System

| May 24, 2013

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PFRDA/ 2013/11/ PDEX/7 May 22, 2013 To, All POP’s, Aggregators, CRA, Central and State Governments, Dear Sir/ Madam, Sub: 1. KYC documents required for entry & exit of National Pension System – Addendum 2. Making PAN Card a Mandatory requirement for opening and operation of Tier II account Pursuant to PFRDA’s earlier circular no PFRDA/2013/1/PDEX/25 dated 11.01.2013 with […]

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NPS – NEW PENSION SYSTEM STATUS REPORT AS ON MAY 7, 2013

| May 16, 2013

NPS – NEW PENSION SYSTEM STATUS REPORT AS ON MAY 7, 2013 (i) SI.  No. Employer/Sector Number of subscribers Corpus under NPS  (In Rs. crore) 1. Central Government 11,55,307 18,693 2. State Government 16,84,649 11,741 3. Private Sector 2,27,181 1,529 4. NPS-Lite 19,23,851 604 Total 49,90,988 32,567 Till date 8,817 Tier ll accounts have been […]

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PFRDA ISSUES MASTER CIRCULARS TO REGULATE NPS PRODUCT DESIGN AND EXIT

| February 13, 2013 | Reply

PFRDA ISSUES MASTER CIRCULARS TO REGULATE NPS PRODUCT DESIGN AND EXIT For Original Orders and Download Link. Please scroll down Download Copy Here

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PFRDA to appoint auditors for pension fund managers

| November 1, 2012 | Reply

 To keep a tighter check on investments, the pension regulator has decided to appoint auditors for the pension fund managers (PFMs) and schemes of the National Pension System (NPS). Fund managers will also be expected to make full disclosure of scheme-wise investments on their websites. “As the NPS gets more subscribers, there is a need […]

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Revision of Investment Management Fee (IMF) for Pension Fund Managers for Private Sector NPS

| September 3, 2012 | Reply

To, PFRDA/CIR/1/PFM/1 All Pension Fund Managers, Date: 31-08-2012 National Securities Depository Limited Stock Holding Corporation of India Bank of India NPS Trust Sub: Revision of Investment Management Fee (IMF) for Pension Fund Managers for Private Sector NPS  1. Based on the recommendations of the ‘Expert Committee to determine the Upper ceiling of the Investment Management […]

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PFRDA Issues Revised Set of Guidelines for Registration of Pension Fund Managers to Manage National Pension System for the Non-Government and Private Sector

| July 12, 2012 | Reply

The Pension Fund Regulatory and Development Authority (PFRDA) today issued a revised set of guidelines for registration of Pension Fund Managers (PFMs) to manage the National Pension System (NPS) for the non-government and private sector. The revised guidelines, available on PFRDA’s website www.pfrda.org.in, have done away with the earlier bidding process, wherein a pre-determined number […]

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Frequently Asked Questions on New Pension Scheme

| June 7, 2012 | Reply

The NPS is a new contributory pension scheme introduced by the Central Government for employees joined in Government Service on or after 1.1.2004. During the year 2009, the NPS was kept open for public. 2. Who is covered by the NPS? a. Employees who have joined central government service on or after 01 January 2004 […]

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