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NPS/APY CRAs’ Functionalities: FY 2023-24 Q1 & Q2 Releases

Admin April 10, 2024

NPS/APY Functionalities released by CRAs during Quarter I & Quarter II (FY 2023-24)

The Pension Fund Regulatory and Development Authority (PFRDA) issued Circular no: PFRDA/2024/08/Sup-CRA/04 on April 3, 2024, addressed to all stakeholders under the National Pension System (NPS). The circular highlights the release of new functionalities by Central Record Keeping Agencies (CRAs) during Quarter I & Quarter II of the fiscal year 2023-24.

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

CIRCULAR

Circular no: PFRDA/2024/08/Sup-CRA/04

3 April 2024

To

All stakeholders under the NPS

Subject: NPS/APY Functionalities released by CRAs during Quarter I & Quarter II (FY 2023-24)

The Central Record Keeping Agencies (CRAs) appointed by the Pension Fund Regulatory and Development Authority (PF RDA) are constantly developing and upgrading system-level functionalities to meet the evolving needs of NPS/APY stakeholders.

2. As part of their ongoing efforts to fulfil their obligations and benefit subscribers & stakeholders, CRAs are responsible for developing new functionalities, establishing new processes, and offering multiple models of interfaces for the uploading offices. These initiatives provide maximum flexibility in terms of operation for the benefit of the stakeholders.

3. Please find attached Annexures I, II, and III, which provide a comprehensive list of functionalities that have been developed and made available by the CRAs (arranged alphabetically in the Annexure) during Quarter I & Quarter II of the fiscal year 2023-24. These functionalities are aimed at improving the experience, enhancing the convenience & ease the operation of subscribers and other stakeholders.

4, This circular is placed in the intermediary section of the CRA on the PFRDA website to ensure that all NPS/APY stakeholders have access to this important information

Yours sincerely,
Digitally signed by K
MOHAN GANDHI
Chief General Manager

Source Document PDF

Filed Under: New Pension Scheme

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