Choice of Pension Funds and Investment Pattern : Major Changes in National Pension System “The subscribers may exercise one of the above choices of Investment Pattern twice in a financial year” Introduction of choice of Pension Funds and Investment Pattern in Tier-I of NPS for Central Government subscribers PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, […]
42 Aspects to Know About National Pension System
42 Aspects to Know About National Pension System 1) What is National Pension System? NPS is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account. Under the NPS, the individual contributes to his retirement account and also his employer can also co-contribute for the social security/welfare of the individual. NPS is designed […]
NPS Contribution – 14% of Basic Pay plus DA
NPS Contribution 14% of Basic Pay plus DA – Gazette Notification “The monthly contribution would be 10 percent of the Basic Pay plus Dearness Allowance (DA) to be paid by the employee and 14 percent of the Basic Pay plus DA by the Central Government” Streamlining the Implementation of National Pension System (NPS) MINISTRY OF […]
Nationwide 2 Days Strike (8th and 9th Jan 2019) – NPS To OPS
Nationwide 2 Days Strike (8th and 9th Jan 2019) – NPS To OPS SCRAP NPS – RESTORE OPS (Pension is My Right – Restore OPS) Prepare For The Final Show Down With The Hostile Government Participate and Make Success Two Days STRIKE On 8th & 9th January 2019 Demands Scrap New Pension Scheme And Extend Defined Pension […]
Appeal to NPS Pensioners – Confederation
Appeal to NPS Pensioners – Confederation NPS PENSIONERS – YOUR ATTENTION PLEASE As you are aware Confederation of Central Govt Employees & Workers has been opposing and fighting against the Contributory Pension Scheme (known as NPS) from the very beginning. At the time of introduction of NPS, it is only Confederation Confederation, All India State […]
New Contributory Pension System (NPS) An Overview – Confederation
NEW CONTRIBUTORY PENSION SYSTEM (NPS) M.krishnan Secretary General Confederation of Central Govt. Employees & Workers Pension system was in vogue in India for a century or more and the British Government during the pre-independence era introduced Pension Rules for Government employees and thus made it statutory. In the year 1982 Supreme Court in its landmark […]