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PFRDA’s Pension Scheme

Pension

PFRDA’s New pension scheme comes into effect from 1st May 2009

The New Pension Scheme is a system which has defined contribution unlike assured benefits of old pension system.

The regulator has got the approval of the Election Commission to roll out the NPS.

NPS was originally scheduled for the beginning of this fiscal but was deferred due to the model code of conduct.

Only non-withdrawable portion of the pension system will be launched on May Day, while withrawable portion will be operational in about six months. NPS is mandatory for all Union Government employees, who have joined the service on January 1, 2004 or later.

Most of the state governments, except for Left-ruled ones and a few others have joined NPS for their employees.

Download following documents for full details

  1. List of Locations for opening NPS account
  2. Offer Document for New Pension System for all Citizens
  3. New Pension System (NPS) extended to all Citizens from 1st May 2009
  4. Detailed investment guidelines for all Citizens under the New Pension System
  5. Revised Subscriber Registration Form for opening NPS account and allotment of Permanent Retirement Account Number (PRAN)
  6. New Pension System for all Citizens_Welcome Kit

7 Responses to “PFRDA’s Pension Scheme”

MANOJ B. GANDHI [ 31May09]

i want clear information on new pension scheme.

Darshit [ 04Jun09]

Please let me know about the NPS is a good scheme for Future? Do we get tax benefit while investing and withdrawals would be Tax Exempted or Not ?

As per your analysis, what hardened earn money (INR) to invest in this scheme to secure future of self & family?

Also suggest some best tax exempted withdrawal pension plans for future purpose to secure future and min/max amount of investments.

Thanking you,
With regards,
Darshit Pandya.

RAJANNA.K.V. [ 21Jun09]

Dear Sir,

I would like to know to this PFRDA employees of private sector can also invest?

Please explain how it works for future & how much minimum & maximum one can invest?

Rgds,

Rajanna.K.V.

Datta Ram [ 05Sep09]

Dear Sir,

I would like to know to this PFRDA employees of private sector can also invest?

Please explain how it works for future & how much minimum & maximum one can invest?

Rgds,

Datta Ram

Rajesh [ 04Jan10]

Dear Sir/Madam,
I would like to knowabout PFRDA pension scheme and wher I can open an account for the same.
Regards,
Rajesh-9930135687

dheeraj bhargava [ 08Jan10]

Dear Sir,

I would like to know to this PFRDA employees of private sector can also invest?

Please explain how it works for future & how much minimum & maximum one can invest?

Rgds,
dheeraj bhargava

Jan Mohammed Chand Khan [ 21Jan10]

Sir, I want to apply for PFRDA>

Thanks

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