Mandatory Penny drop verification – Instant Bank Account Verification for Enhanced Due Diligence w.r.t. Exit / Withdrawal The PFRDA has issued a circular, PFRDA/2023/29/Sup-CRA/09, on 25th October 2023, mandating penny drop verification for … [Read more...] about Mandatory Penny Drop Verification for NPS: PFRDA Circular Enhances Due Diligence
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Extension of Deadline for Central Govt Employee Pension Inclusion Under Revised Rules
Inclusion of Central Government employees recruited against the posts/vacancies advertised/ notified prior to 22.12.2003, under Central Civil Services (Pension) Rules, 1972 The memo extends the deadline for Central Government appointing … [Read more...] about Extension of Deadline for Central Govt Employee Pension Inclusion Under Revised Rules
Overview of Enhanced NPS Withdrawal: SLW Guidelines
Facility of Systematic Lump sum Withdrawal (SLW) for NPS Subscribers The circular issued by the Pension Fund Regulatory and Development Authority introduces the Systematic Lump sum Withdrawal (SLW) facility for NPS Subscribers. It allows … [Read more...] about Overview of Enhanced NPS Withdrawal: SLW Guidelines
Inclusion Options for Retired Employees under CCS (Pension) Rules 1972 (2021)
Options for inclusion under the Central Civil Services (Pension) Rules, 1972 ( now 2021) in accordance with DoPPW OM dated 03.03.2023 to those employees who have since been retired from service Department of Pension and Pensioners' Welfare in … [Read more...] about Inclusion Options for Retired Employees under CCS (Pension) Rules 1972 (2021)