Gandhigiri Programme about CPS abolish by PRTU



Srikakulam Dist DEO info...

Promotion list and Abstract-2013-14.




SPOT EXEMPTION - TEACHERS WHO WANT EXEMPTION FROM SPOT ARE INSTRUCTED TO SUBMIT THEIR
REPRESENTATION ALONG WITH CONCERNED EVIDENCES TO EXAMS SECTION AT GGHS, SRIKAKULAM
DAILY AFTER 2.00PM - LAST DATE ( 27.03.2016)



CPS

CPS
Online Links Useful for CPS/PRAN
  • CPS Subscribers Login Using their User ID and Password-Click Here
  • New Pension Scheme (NPS) Official Website-Click Here
  • Have you applied for PRAN Number-Then Track the Status of PRAN Allotment Using your Acknowledge Number given at the time of Registration-Click Here
  • Track the IRA Status of PRAN Using Your Treasury ID Click Here
  • Latest Fund Values of CPS-Click Here

NPS FORMS  :-  
Nodal Office Registration
Form N2 : DTO Registration                                               
Form N3 : DDO Registration                                             



Subscriber Registered Details Modification
Form S2 : Subscriber Details Change                                                                        
Form S7 : Subscriber's Photo and Signature Change                                                 
Subscriber Grievances
Form ISS-1 : Inter Sector Shifting                       
State Autonomous Bodies (SABs)
  • Steps to join NPS                                                                
 
 
 

Contributory Pension Scheme-CPS and PRAN Complete Details
CONTRIBUTORY PENSION SCHEME (CPS). Employees (Teachers) who got recruitment on or after 01.09.2004 have to come under the New Contributory Pension Scheme CPS in both Telangana and Andhra Pradesh States. In this CPS Scheme employees have to deduct 10% of their Basic Pay & D.A towards their contribution and Government will add the same amount to their Contributory Pension Scheme Accounts (CPS acounts called PRAN). The Complete details of the CPS Scheme and the investment strategy is presented by apteachers.in is as follows::
  • At present, there is only one default scheme for Tier I for Government employees. In the default scheme, the contribution is allocated to three PFMs, viz. SBI Pension Funds Private Limited, UTI Retirement Solutions Limited and LIC Pension Fund Limited in a predefined proportion. At present the allocation of funds to three PFMs is as follows: LIC Pension Fund 33%, SBI Pension Funds Pvt Ltd 33%, UTI Retirement Solutions 34%.
  • Previousely On May 15, 2013, Government has revised the allocation ratio of funds (Contribution remitted by the DTA/ DTOs) from 35:31:34 to 33:34:33 for the three PFMs - SBI, UTI and LIC respectively. On May 25, 2012, Government has revised the allocation ratio of funds (contribution remitted by the DTA/DTOs) from 31:35.5:33.5 to 35:31:34 for the three PFMs - SBI, UTI and LIC respectively.
  • Each of the PFMs will invest the funds in the proportion of upto 55% in Government securities, upto 40% in Debt securities, upto 15% in Equity and upto 5% in Money Market instruments. 
        State Government has entered into an agreement with N S D L (National Security Depositories Limited), Bombay to maintain PRAN accounts as Central Record Keeping Agendy ( C R A). Now, all the employees coming under the C P S (Contributory Pension Scheme) have to apply for P R A N (Permanent Retirement Account Number) alloted & maintained by N S D L, Bombay. For this, N S D L has appointed KARVY Consultants as Facility Centre, and there are two Facility Centres 1. at Hyderabad and 2. at Visakhapatnam. These are the Address of Karvy at Hyderabad and Visakhapatnam.
Contributory Pension Scheme-CPS and PRAN Complete Details
STD CODE 040Address of Karvy Consultants Hyderabad:   
HYDERABAD - KARVY CENTRE
KARVY CENTRE,
8-2-609/K, Road #10, Banjara Hills
HYDERABAD
Andhra Pradesh
India
PIN CODE: 500034
PHONE :
040-23312454
EMAIL : 
mailmanager@karvy.com
Address of Karvy Consultants - Visakhapatnam:
VISHAKAPATNAM
47-14-4, ESWAR PARADISE,
DWARAKA NAGAR MAIN ROAD
VISHAKAPATNAM
Andhra Pradesh
INDIA
PIN CODE: 530 016
PHONE :
STD CODE : 0891-2752915 to 18
EMAIL : 
ksblvizag@karvy.com


NPS National Pension System Tier-I Account in CPS Subscriptions

What is National Pension System? The Central Government has introduced the Defined Contribution based Pension System known as theNational Pension System (NPS) or Contributory Pension System (CPS) (but is popularly known as New Pension System/Scheme) replacing the existing system of Defined Benefit Pension with effect from January 01, 2004. This is the 1st Part of the our upcoming 3 Parts Series on NPS.

DETAILS OF NATIONAL PENSION SYSTEM (NPS / CPS)

NPS is applicable to all new employees of Central Government service, except Armed Forces, who have joined Government service on or after 1st January 2004.The person (employee/citizen) who joins the NPS will be known as ‘Subscriber’ in the NPS. Under the NPS, each Subscriber will open an account with Central Record keeping Agency (CRA) which will be identified through unique Permanent Retirement Account Number (PRAN).Under NPS, two types of account would be available to subscribers i.e., Tier I & Tier II;
            Tier I account - where a subscriber contributes his / her savings for retirement in to a non-withdrawable account, and a Tier II account - a voluntary savings account from which subscribers are free to withdraw his / her savings whenever he/she wishes. The facility of Tier II account was made available from December 1, 2009 to all citizens of India including Govt. employees mandatorily covered under NPS. An active Tier I account will be a pre requisite for opening of a Tier II.

What are the benefits of NPS?
1.            It is transparent - NPS is transparent and cost effective system wherein the pension contributions are invested in the pension fund schemes and the employee will be able to know the value of the investment on day to day basis.
2.            It is portable - Each employee is identified by a unique number and has a separate Permanent Retirement Account which is portable i.e., will remain same even if an employee gets transferred to any other office.
3.            It is simple - All the subscriber has to do, is to open an account with his/her nodal office and get a PRAN.
4.            It is regulated - NPS is regulated by PFRDA, with transparent investment norms & regular monitoring and performance review of fund managers by NPS Trust.
What are the tax benefits of NPS?
                At present, the tax treatment for contribution made in Tier I account is EET, "Exempted-Exempted-Taxed" i.e., the amount contributed is entitled for deduction from gross total income upto Rs. 1.00 lac (along with other prescribed investments) as per section 80C (as per the provisions of the Income Tax Act, 1961 as amended from time to time). The appreciation accrued on the contribution and the amount used by the subscriber to buy the annuity are not taxable, Only the amount withdrawn by the subscriber after the age of 60 is taxable.
               As per the proposed Direct Tax Code, the tax treatment for contribution in Tier I account will be "Exempted-Exempted-Exempted" i.e. in addition to the existing benefit, the amount withdrawn by the subscriber after the age of 60 will be exempted from tax like PPF.
Can a subscriber get loan under NPS ?
           No. At present, a subscriber cannot avail a loan against his / her NPS holdings.

Who can subscribe in NPS?
           NPS is applicable to all new employees of Central Government service (except Armed Forces) and Central Autonomous Bodies joining Government service on or after 1st January 2004. For State Governments, State Autonomous Bodies and Corporates, the dates may vary. Any other government employee who is not mandatorily covered under NPS can also subscribe to NPS under "All Citizens of India" through a Point of Presence - Service Provider (POP-SP).

What is Tier-I Account. Relation between CPS Subscriptions to Tier-I. ?
How will I contribute in Tier I Account?
           Under Tier I, mandatory contribution will be through a subscriber's nodal office. Every month, 10% of his / her salary (basic + DA) and equivalent government’s contribution will be invested in NPS (Contributory Pension Scheme CPS). For employees under corporate sector, the contribution amount depends on the agreement between the subscriber and the employer. No separate contribution can be made by the subscriber. Hence all the Amount deducted under CPS is nothing but Tier-I for State government Employees of AP.


What is the procedure for Registration of Subscribers in Tier-I Account

1.            For the purpose of registration, (Tier I account)
2.            Subscriber shall submit form S1 to the DDO (or equivalent offices).
3.            The DDO shall provide and certify the employment details.
4.            Subsequently, the DDO shall forward the form to the respective PAO / DTO.
5.            The form should be submitted to CRA for registration
How much does a subscriber need to contribute in Tier I?
Contribution in Tier I, depends on the basic salary of the subscriber and there is no minimum amount.

Where do I submit my contribution for Tier I?
Tier I - contribution amount is deducted from the salary and remitted by the concerned Nodal Office.

When will the units be credited to my NPS account in Tier I?
            In case of Tier I account, subscriber's associated nodal office will upload his / her monthly pension contribution details to CRA along with transfer of funds to the Trustee bank appointed for this purpose. CRA will match the contribution details uploaded by the nodal office and the amount confirmed to be received by Trustee Bank and instruct the Pension Fund Managers to invest the contribution as per your scheme setup preference. The units created will be credited by CRA to your Permanent Retirement account.

When and how can I withdraw the amount from Tier I account?
          Withdrawal of Tier I account: As per the guidelines for withdrawal stipulated by Pension Fund Regulatory & Development Authority (PFRDA)/Ministry of Finance(MOF), the subscribers can exit form National Pension System (NPS) on his / her retirement, resignation or death.

*Retirement : On attaining the age of 60 years, a subscriber would be required to invest minimum 40% of his / her accumulated savings (pension wealth) to purchase a life annuity from any IRDA (Insurance Regulatory and Development Authority) - regulated life insurance company.
               A subscriber may choose to purchase an annuity for an amount greater than 40%. The remaining pension wealth can either be withdrawn in a lump sum on attaining the age of 60 or in a phased manner, between age 60 and 70, at the option of the subscriber.
*Resignation: On resignation of the subscriber, 80% of the corpus has to be annuitized and the subscriber can withdraw remaining wealth.
*Death : On death, the entire corpus of the subscriber will be handed over to the nominee of the subscriber.
              However, the operational procedures for the withdrawal are yet to be finalized by PFRDA in consultation with MOF. Once they are finalized the offices will be intimated about the same. The withdrawal request should be routed through the associated PAO.

What is Annuity?
            Annuity in the context of NPS refers to the monthly sum that will be received by the subscriber from the Annuity Service Provider after he attains the age of 60.

Who is the Annuity service provider?
             Annuity Service Providers (ASPs) is the entity who will be responsible for managing the funds (allocated for buying annuity) and payment of the pension after a subscriber attains the age of 60. The ASPs will be the entities regulated by IRDA. At present, ASP is not appointed by PFRDA.

What happens if the subscriber dies after attaining the age of 60?
             The mode and manner of payment of amount (if any available) will depend on the type of annuity plan / scheme selected by the subscriber while buying the annuity.

How can I exit from NPS?
  • No employee/subscriber can exit from NPS till he is mandatorily covered under NPS.
  • In case of death of the subscriber before the age of 60, the nominee will receive the entire sum. In case of resignation or voluntary retirement, please refer to the question on withdrawal.
What happens to my investments if I discontinue the scheme?
     A subscriber who is mandatorily covered under NPS can not exit from NPS till he is employed.In case of resignation or voluntary retirement, please refer to the question on withdrawal.

What happens to the accumulated amount at the time of death of the employee?
In the event of death of the employee/subscriber, the nodal office will enter a withdrawal request in the CRA system. After the request is processed, a cheque is issued favouring the nominee and is despatched to the nodal office. In case no nominee is registered in the CRA system, the cheque is issued favouring the associated PAO. In case there are more than one nominee, the sum will be distributed to nominee in the ratio as recorded in the system.

What is the use of T-PIN ?
Subscribers can call at CRA's toll free number 1800 222 080 and access the Interactive Voice Response (IVR) or speak to our customer service executive using the T-PIN (Telephonic Personal identification Number).

What are the different options in the IVR available to the subscribers?
Subscribers have the following options in IVR
  • Change of T-PIN
  • Check holding details
  • Check the status of any change request (such as change of address, nomination etc.)
  • Check details of last contribution credit and last withdrawal request (for Tier II only).
How do subscribers check the status of the change request through IVR?
           After accessing the IVR using the T-PIN, subscribers need to select the option of checking the status of the change request and input the acknowledgement number generated by the CRA system once the request is processed by the PAO. Subscribers can also speak to the call centre executive to check the status.

What happens in case a subscriber get transferred?
              As the PRAN is portable, in case of transfer, PRAN remains the same. The subscriber's association with the new nodal office in the CRA system will happen once his / her contribution details are uploaded by his / her new nodal office in the CRA system.

How can I exit from NPS before the age of 60?
A government employee mandatorily covered under NPS cannot exit from NPS till he resigns or retires from the service. In case of resignation, at least 80% of the pension wealth to purchase a life annuity from any IRDA - regulated life insurance company. Remaining 20% of the pension wealth may be withdrawn as a lump sum

Forms Documents for Withdrawal from National Pension Scheme (NPS) and CPS
Forms and Documents to be submitted along with the National Pension Scheme withdrawal application. Withdrawal Application Forms for NPS. PFRDA has proposed the Guidelines for Withdrawal from National Pension Scheme. Let us discuss the Required Documents and Forms for Withdrawal from CPS (Contributory Pension Scheme) or National Pension Scheme.

Documents to be submitted along with withdrawal application

The nature and type of documents required depends on the nature and cause of withdrawal being sought.The following are the complete details of the documents that are required for various types of permissible exits under NPS. 
NPS Subscribers above 60 Years & other than Govt Employees
Documents to be submitted in case of: upon attaining the age of Normal superannuation (for govt. employees only) or upon attaining the age of 60 years (for all subscribers other than govt. employees) apart from the completely filled and signed application form for withdrawal of benefits.

1.            PRAN card in original. If, PRAN card is not available, the subscriber needs to submit a duly notarized Affidavit as to the reasons of non-submission of the PRAN card. 
2.            Cancelled cheque (containing Subscriber Name, Bank Account Number and IFS Code) or Bank Certificate Containing Name, Bank Account Number and IFSC code, for direct credit or electronic transfer. 
3.            Proof of Date of birth or Age evidence of the subscriber for purchase of annuity (Ex: Matriculation certificate or another educational qualification certificate clearly showing the date of birth ) 
4.            Proof of Identity and Address to confirm with AML guidelines of the government. 
NPS Subscribers before attaining 60 Years & Other than Govt Employees
Documents to be submitted in case of: before attaining the age of Normal superannuation (for govt. employees only) or before attaining the age of 60 years (for all subscribers other than govt. employees apart from the completely filled and signed application form for withdrawal of benefits. 

1.            PRAN card in original. In case PRAN card is not available, the subscriber needs to submit a duly notarized Affidavit as to the reasons of non-submission of the PRAN card. 
2.            Cancelled cheque (containing Subscriber Name, Bank Account Number and IFS Code) or Bank Certificate Containing Name, Bank Account Number and IFSC code, for direct credit or electronic transfer. 
3.            Proof of Date of birth or Age evidence of the subscriber for purchase of annuity (Ex: Matriculation certificate or another educational qualification certificate clearly showing the date of birth ) 
4.            Proof of Identity and Address to confirm with AML guidelines of the government. 
Documents required in case of  Upon the Death of Subscribers
Documents to be submitted in case of: Upon the death of the subscriber (irrespective of cause) apart from the completely filled and signed application form for withdrawal of benefits. 

1.            PRAN card in original. In case PRAN card is not available, the subscriber needs to submit a duly notarized Affidavit as to the reasons of non-submission of the PRAN card. 
2.            Cancelled cheque (containing Claimants Name, Bank Account Number and IFS Code) or Bank Certificate Containing Name, Bank Account Number and IFSC code, for direct credit or electronic transfer. 
3.            Death certificate in original of the deceased subscriber. In case of NPS-Swavalamban account holders, a certified copy of the death certificate duly attested by the Aggregator/ POP (with the Aggregator/ POP having seen the original of death certificate and returning the same to the nominee/legal heirs) is also acceptable. 
4.            Legal heir certificate or Succession Certificate issued by a competent court of appropriate jurisdiction where there is no subsisting nomination is available.
5.            Proof of Identity and Address of the claimants to confirm with AML guidelines of the government. 

Withdrawal Application Forms for NPS (National Pension Scheme)-CPS

For submission of a claim for withdrawal under National Pension System, the subscribers need to submit their claim in the prescribed application only. The withdrawal application forms will be available for download from CRA & PFRDA websites. The forms can also be collected from the PAO/DTO/DDO/ POP/ POP-SP/AGGREGATOR. There are 3 sets of applications that are available and applicable to different sectors. They are
For Government sector 


(Central, State, Central and State autonomous bodies etc): The following forms needs to be submitted along with the documents listed thereof in the application. . 

1.            Form 101 – GS: Withdrawal Form for Claim of Accumulated Pension Wealth on Superannuation for Government Employees 
2.            Form 102 – GP: Withdrawal Form for Claim of Accumulated Pension Wealth on exiting before the age of normal superannuation for Government Employees 
3.            Form 103 – GD: Withdrawal of Accumulated Pension Wealth by Claimant due to the death of the subscriber 
For subscribers covered under all citizen model including corporate account subscribers:
The following forms needs to be submitted along with the documents listed thereof in the application

1.            Form 301 – AS: Withdrawal Form for Claim of Accumulated Pension Wealth by subscriber on attaining 60 years of age 
2.            From 302 – AP: Withdrawal Form for Claim of Accumulated Pension Wealth by Subscriber before attaining 60 years of age 
3.            Form 303 – AD: Withdrawal of Accumulated Pension Wealth by Claimant due to the death of the subscriber 
For subscribers falling under Swavalamban scheme
(irrespective of whether sourced/routed through a POP or an Aggregator: 

All those NPS accounts which have been classified as “Swavalamban” accounts by CRA basing on the declaration provided by the subscriber would be deemed to fall under this category. Apart from these, all those accounts which have been opened under the NPS-Lite architecture would fall under this category.

1.            Form – 501 SS: Withdrawal Form for Claim of Accumulated Pension Wealth by Subscriber on attaining 60 years of age 
2.            Form – 502 SP: Withdrawal Form for Claim of Accumulated Pension Wealth by Subscriber before attaining 60 years of age 
3.            Form – 503 SD: Withdrawal of Accumulated Pension Wealth by Claimant due to the death of the subscriber 
Applicable to all the above sectors (A, B, and C): If the subscriber wishes to appoint multiple nominees, Form 401 – AN needs to be used


Proposed Withdrawal Process for NPS Subscribers from 2014 

                     (New Pension Scheme)

In order to provide an efficient and system driven withdrawal process to NPS subscribers, PFRDA is proposing the operational procedure for withdrawal of benefits under NPS. The Existing Withdrawal Guidelines  (Exit Guidelines) are going to be modified and simplified.Keeping the above in perspective, the draft operational withdrawal process is proposed and comments from the public and all concerned are invited. It may also be noted that suggestions on improving/ simplifying the process can also be given.
Comments/Feedback may be forwarded by email to the e-mail id k.sumit@pfrda.org.in  latest by 31.01.2014.

                   Present NPS (New Pension Scheme) Withdrawal Process 
Let us have a brief look on the Present Withdrawal Guidelines in NPS.
The following are the current rules/guidelines for withdrawals under NPS as approved by PFRDA:
a) Exit from NPS upon attaining the age of Normal superannuation (for govt. employees only) or upon attaining the age of 60 years (for all subscribers other than govt. employees): At least 40% of the accumulated pension wealth of the subscriber needs to be mandatorily utilized for purchase of an annuity providing for the monthly pension of the subscriber and the balance is paid as a lump sum payment to the subscriber.
b) Exit from NPS before attaining the age of Normal superannuation (for govt. employees only) or before attaining the age of 60 years (for all subscribers other than govt. employees): At least 80% of the accumulated pension wealth of the subscriber needs to be utilized for purchase of an annuity providing for the monthly pension of the subscriber and the balance is paid as a lump sum payment to the subscriber.
c) Upon Death: The entire accumulated pension wealth (100%) would be paid to the nominee /legal heir of the subscriber.
BACKGROUND ON OPERATIONAL WITHDRAWAL PROCESS
Currently the withdrawal claims are handled through an interim arrangement by way of manual processing which involves lot of time and efforts to process the withdrawal claims. The proposed process is a system driven process followed by manual documentation and runs at macro level as per below mentioned steps:

  • Intimation of claim to the Claimant/Nodal office
  • Online submission of claim form by Claimant/Nodal Office.
  • Claimant to submit the duly signed and completed withdrawal form along with the complete set of required documents
  • CRA NPS Claim cell to take decision on the withdrawal basing on the application and documents submitted and verify the claim through online module.
  • CRA to settle the claim by making the necessary payments as per the product structure.

Proposed Operational Withdrawal Process for claims under National Pension System (NPS)

Basically, the withdrawal process at NPSCPC of CRA would involve the following: 

A. Claim Registration
B. Monetization of Accumulated Pension Wealth
C. Claim settlement
D. MIS and data management 

A.Claim Registration 

The permitted type of withdrawals Under NPS are as follows: 

1.            1. Upon attaining the age of normal superannuation or attaining 60 years of age involving payment of a certain lump sum amount and a payment to ASP towards the purchase of annuity ( a minimum of 40% of the monetary value of total accumulated pension wealth) 
2.            2. Upon death of the Subscriber involving a lump sum payment of 100% of accumulated pension wealth. 
3.            3. Before attaining the age of normal superannuation or attaining 60 years of age involving payment of a certain lump sum amount and a payment to ASP towards the purchase of annuity ( a minimum of 80% of the monetary value of total accumulated pension wealth) 
4.            4. For Subscribers re-employed after the age of superannuation (60 years) in regulatory bodies where Chairman/Members are appointed after the age of superannuation (60 years) and the retirement age being the age prescribed by their employer. The process and procedure for the withdrawal would be same as per the normal exit and entire accrued pension wealth would be paid to the subscriber in one lump sum without any mandatory annuitisation. 
5.            a) Upon attaining the age of normal superannuation or attaining the age of 60 years: CRA will initiate the withdrawal process 6 months prior to his/ her attaining age of 60 years or on attaining normal age of superannuation by suo motto registration of the claim and allotment of a specific system generated claim number which would act as a Claim Ack ID for all future references and tracking. Additionally, NPSCPC would send communications on a quarterly basis to all the PAO/DDO/DTO’s seeking information on the impending superannuation cases due in next 6 months to take care of those cases where the age of normal superannuation is below 60 years and register the claim and generate the Ack ID. The NPSCPC would send a reminder after 3 months through a system generated auto communication followed by monthly reminder till the application form is submitted by the subscriber. Also, pop-up windows would be generated on the PAO/DDO/DTO’s/POP-SP/Aggregator system, the moment they log on to the CRA system for any activity informing them the details of pending withdrawal applications and the requirements thereof. 
6.            b) Upon Death of the Subscriber: CRA will register the claim immediately upon written intimation about the death of the subscriber either from any of the PAO/DDO/DTO’s/POP-SP/Aggregator or the claimants of the deceased subscriber and generate the Ack ID. 
7.            c) Any time before attaining the age of normal superannuation or attaining the age of 60 years: CRA will register the claim immediately upon written intimation about the voluntary withdrawal request of the subscriber either from any of the PAO/DDO/DTO’s/POP- SP/Aggregator or directly from the subscriber and generate the Ack ID. 
8.            d) Chairman/Members of Regulatory bodies: In case of NPS accounts of such subscribers whose subscription/NPS account has been accepted specifically by PFRDA, the entire accumulated pension wealth would be paid to the subscriber in one lump sum without any mandatory annuitisation at the time of exit from NPS due to completion of the term or upon superannuation from the subject position. 

B. Monetisation of Accumulated Pension Wealth 
1.            1. The claims module of CRA system / NPSCPC would automatically initiate a process of monetization of units held in accounts of the NPS subscribers who have attained the age of 60 years on the next day of attaining the age of 60 years and or on the last working day/business day of the month in which the age of normal superannuation falls and as confirmed by the PAO/DDO/DTO’s. The last business day may be taken as the last working day of any commercial bank (preferably SBI) for the banking settlement. This involves instructions from CRA to PFM on monetizing the entire accumulated pension wealth of the subscriber and moving into a separate WITHDRAWALS bank account held with PFM. By this the NAV as on the date of completion of 60 years is safeguarded and the severance of the account from NPS is indicated for initiating the final withdrawal process for crediting the subscribers account. 
2.            2. For claims other than attaining the age of 60 years or the age of normal superannuation or upon the death of the subscriber, the monetization of accumulated pension wealth would be only after processing the claim as per approved process and the approval of the claim by the NPSCPC. 
3.            3. In case Deferred withdrawal is indicated in the withdrawal application form and received before attaining the age of 60 years or normal age of superannuation, the monetization of the lump sum withdrawal would not happen and it stays invested in the NPS under the same PFM and investment choice, unless specifically requested for a change by the subscriber. Also, the same would be followed even where the physical application form indicating deferred withdrawal form is not received but where there is an electronic request or updation of the CRA system claim module for the deferred withdrawal. However, accumulated corpus, if any in the Tier II account of the subscriber would be monetized. 
4.            4. Once monetization(partial or complete) of the units held in a particular account happens, no further contributions are allowed under the subject NPS account and if any previous our outstanding sums are to be credited they would be dealt out of the system by way of transferring back to the employer for direct distribution to the subscriber as there is no possibility of investment of such amounts after the subscriber has attained the age of 60 or the age of normal superannuation or upon request for withdrawal by the subscriber /claimants. 

C. Claim settlement 
The claim settlement mechanism consists of two parts namely,
Part A deals with crediting of the eligible lump sum amount in the bank account of the subscriber as provided by him.

Under this the Withdrawal requests will be dealt by NPSCPC as given below: 


1.            If application submitted before attaining the age of 60 years or normal age of superannuation, request will be processed as per the set guidelines for the CRA claim cell and the request is either accepted or rejected including lodging of a pending memo where additional information or clarifications are sought. If the claim is accepted, the claim will be executed (i.e. redemption of units) not before the next day on which subscriber attains age of 60 years or normal age of superannuation.
2.            If withdrawal application submitted before attaining age of 60 years or normal age of superannuation or exit request arising out of the death of the subscriber, request will be processed as per the set process and the request is either accepted or rejected including lodging of a pending memo where additional information or clarifications are sought. If the claim is accepted, the claim will be executed (i.e. redemption of units) immediately without waiting for the subscriber to attain 60 years of age or normal age of superannuation. However, the claim processing including processing of documents, acceptance of the claim and execution of the withdrawal should be within the timelines fixed or agreed for processing and settlement of withdrawal claims.

Part B  This Part B deals with the payment of the annuity premium to the ASP by CRA, equivalent to monetary value/ % choice of the accumulated pension as opted by subscriber and as permitted under NPS scheme to the ASP’s designated bank account. This would happen necessarily after attaining the age of normal superannuation or attainment of 60 years of age as we need to have specific value of the corpus available for purchase of annuity. 


PART A – SETTLEMENT OF LUMP SUM AMOUNT

1.            Followed by the Suo motto registration of the claim, CRA would send a written communication to be sent by courier/post to the last known address of the Subscriber and to the mapped PAO/DDO/DTO’s/POP-SP/Aggregator specifying the impending withdrawal upon normal superannuation or upon attaining the age of 60 years and this needs to be supplemented by E-mail/SMS/system generated communication. The communication must provide the Claim number allotted by the CRA system for further reference along with the Statement of Transaction (SOT) for the current year and seeking confirmation on the contributions made by them as reflected in the statement. If no conflicting claim is received on the SOT within a period of 30 days, CRA will proceed with withdrawal process upon receipt of necessary requirements. If conflicting claim is received on the SOT matter will be examined and the final execution of the claim would be initiated only upon resolution of the issue. However, the processing of the claim would be done and the file kept ready for execution of the request as and when the matter is resolved.
2.            The subscriber using his TPin/IPin can log into the CRA portal and using the ACKID provided and enters into the claims module screen duly auto-populated from the CRA system. The subscriber can provide the information in the editable fields like bank a/c details, nomination details and the withdrawal details on lump sum and annuity components of the withdrawal application form. After the data has been provided the subscriber has to save the form which would be accessed by the concerned PAO/DDO/DTO’s/POP-SP/Aggregator for attestation purpose. The PAO/DDO/DTO’s/POP-SP/Aggregator would access the withdrawal application through normal log in process and check for consistency with the KYC documents submitted, the information provided in the application form and attest the documents after taking the printout of the withdrawal application form which needs to be sent to NPSCPC.
3.            Alternatively subscriber can submit the completely filled in and duly signed physical copy of the designated withdrawal form along with the relevant documentation to the the concerned PAO/DDO/DTO’s/POP-SP/Aggregator who in turn can log into the CRA system for accessing the withdrawal application online and fill in all relevant fields (editable fields)
4.            Once the PAO/DDO/DTO’s/POP-SP/Aggregator or subscriber accesses the application form online and fills in the rest of the fields, the system will check for completeness of the data at the time of online submission and if any mandatory fields are not filled will prompt the same to be filled. If some information is not available the work can be saved and the rest of the required information can be filled at a later date. If all the required information is filled in by the subscriber through his PAO/DDO/DTO’s/POP-SP/Aggregator or subscriber online and after a successful submission, the system will provide for a PRINT option through which the entire filled in application would be printed.
5.            Once the printed application is available the same needs to be duly signed by both the subscriber as well as the PAO/DDO/DTO’s/POP-SP/Aggregator wherever applicable and dispatch the same along with the necessary documents like ID proof and Address proof etc (Copy duly verified with original and attested accordingly) to NPSCPC for initiating the final withdrawal procedure for transferring the proceeds to the subscribers account. Alternatively, the physical application form submitted needs to be attested and sent to NPSCPC in case the print out from the system is not used and the physical application form submitted by the subscriber is used. However, it is preferable that the system generated application form be submitted to NPSCPC after getting it signed by Subscriber, witnesses and with due attestation by PAO/DDO/DTO’s/ POP-SP/Aggregator.
6.            Upon receipt of physical copy of the application by the NPSCPC, it would check with the online application for consistency of the data and documents provided and Process the Claim as per exit guidelines Cell resulting in:-
7.            i. Intimation of deficiencies / requirements, if any by raising “Pending Memo”
8.            v “Pending Memo” will be issued to the subscriber as well as the PAO/DTO/DDO/POP/POP-SP/Aggregator through whom the application was submitted by the subscriber clearly indicating the deficiencies and the requirement. The pending memo will be sent through email/SMS and a written communication / system generated letter to the Subscriber’s last known address.
9.            v The “pending memo” will be resent once again at the end of the next month in which the pending memo was initially sent and followed by one more final reminder in the same manner. If there is no reply or required documents/deficiency rectification is received by NPSCPC at the end of 30 days from the final reminder date, the claim file will be kept on hold and treated as “inactive”.
10.          ii. Approval of Claim withdrawal by CRA Claims cell (60% 40% 100% etc) basing on the entitlement as per NPS Exit rules
11.          iii. Instructions to PFM crediting lump sum withdrawal into subscribers account online through NEFT /RTGS. However, for NPS-Swavalamban subscribers the crediting of lump sum amount would not be carried out till the annuity purchase process is complete as the scheme has the overriding condition of annuitizing the entire accumulated pension wealth in case if the annuity/pension obtainable with the 40/80% is below Rs.1000/- p.m.
12.          iv. PFM uploads the data on transfer of funds to subscriber in the CRA system.
13.          Intimation to Subscriber/Govt/POP/Aggregator on the crediting of the lump sum amount with full details
14.          CRA will discontinue the online access provided to particular subscriber; in case of deferred withdrawal online access will be provided to subscriber by CRA till the time subscriber has completely withdrawn NPS corpus (maximum at the age of 70 years).
15.          PRAN, Name and other basic information will be restored and the same PRAN will not be issued to any other subscriber.


PART B – PURCHASE OF ANNUITY

Under this there would be two modules, namely
1. Quote generation module
2. Annuity purchase module


Quote generation module
The quote generation module would made available on the CRA website for the benefit of the subscribers who need to login through their TPIN/IPIN or Claim ID / any authentication prescribed like combination of PRAN and date of birth etc. The subscriber would be able to check the amount of annuity that he would be able to get the monthly pension for all the options that are available with the choosen % of the accumulated pension wealth (taking the value of the accumulated pension wealth as reflected in SOT as on that date through a system generated process). This would be available to the subscribers at all times whether they intend to exit from NPS or otherwise for checking the monthly pension they may get in case if they choose to exit from NPS.

Annuity purchase module
The subscriber has to log in to the CRA system through the PAO/DDO/DTO’s/POP-SP/Aggregator or by using his TPIN/IPIN / any authentication prescribed like combination of PRAN and date of birth etc. and click on the Annuity Purchase button and provide the claim number at the given field. This will lead to the annuity purchase window containing the following:

a. Page 1 – Provides the information on annuities both in English and Hindi (at the option of subscriber). This sheet can also be printed from the menu provided or alternatively can be accessed directly from CRA system by anybody from the customer information page.
b. Page 2 – Contains the corpus available, and links to the ASP’s depicted below and the entire demographic information including bank account details are auto-populated the moment the claim number is keyed in.

The entire effort would be to make the entire process seamless and hassle free to the NPS subscriber with minimal manual intervention. Alternatively, the subscriber can download/submit the annuityapplication of the chosen ASP directly to the NPSCPC for arranging the purchase of annuity.


PART 1 –ANNUITY

1. Introduction
Under 
National Pension System (NPS), Annuity is a financial instrument which provides for a monthly payment of pension against a fixed lump sum amount and which under NPS is the monetary or money value of the specified % of the accumulated pension wealth in the subscribers account. The subscriber has to mandatorily buy the annuity as specified in the exit rules of NPS and from a PFRDA empanelled Annuity Service Provider. At present there are 7 Annuity Service Providers who are empanelled by PFRDA.
2. Premium/ Purchase Price- Payable in lump sum and equivalent to monetary or money value of the specified % of the accumulated pension wealth in the subscribers NPS account and which is paid to the Annuity Service Provider by CRA/PFM directly.
3. Mode of payment of pension under NPS: Annuity/ pension will be paid by the Annuity Service Provider (ASP) as monthly pension by directly crediting into the bank account of the subscriber.
4. Annuity Options Available:
The annuity options that are generally available with the ASP’s in the Indian market are as follows. However, all the ASP’s may not offer all the options and may offer only few of the given below options depending on the availability of such product with them.
Type of Annuities or Annuity Choices: The following are the variants of annuity that are generally available with all the empanelled ASP’s

  • 1. Annuity/ pension payable for life at a uniform rate.
  • 2. Annuity payable for 5, 10, 15 or 20 years certain and thereafter as long as the annuitant is alive.
  • 3. Annuity for life with return of purchase price on death of the annuitant.
  • 4. Annuity payable for life increasing at a simple rate of 3% p.a.
  • 5. Annuity for life with a provision of 50% of the annuity payable to spouse during his/her lifetime on death of the annuitant.
  • 6. Annuity for life with a provision of 100% of the annuity payable to spouse during his/her lifetime on death of the annuitant.
  • 7. Annuity for life with a provision of 100% of the annuity payable to spouse during his/ her life time on death of annuitant. The purchase price will be returned on the death of last survivor.
Any one option can be chosen. Once chosen, the option cannot be altered.

5. What happens in case of death of annuitant?
i. Under option (1) annuity ceases after the annuitant dies. 

ii. Under option (2)
I. On death of the annuitant during the guaranteed period - annuity is paid to the nominee till the end of the guaranteed period after which the same ceases.
 II. On death after the guaranteed period - annuity ceases.
iii. Under option (3) annuity ceases after death of the annuitant and the purchase price is paid to the nominee.
iv. Under option (4) annuity ceases after death of the annuitant.
v. Under option (5) payment of 100% annuity ceases after death of the annuitant and 50% of the annuity is payable to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, the annuity ceases after death of the annuitant.
vi. Under option (6) payment of annuity ceases after death of the annuitant and full annuity is payable to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, the annuity ceases after death of the annuitant.
vii. Under option (7) payment of annuity ceases after death of the annuitant and full annuity is payable to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, the annuity ceases after death of the annuitant and purchase price is paid to the nominee.


6. Default option for annuity service provider and annuity scheme:
The following default annuity service provider along with the annuity scheme is available to all the subscribers under National Pensions System. However, it may be noted that default option is being purely provided in the subscribers’ interest and to avoid any delay in claim processing and is not with a view to endorse/promote any particular ASP or annuity variant being offered by the ASP.
1. Default Annuity Service Provider – Life Insurance Corporation of India (LIC)
2. Default Annuity Scheme - Annuity for life with a provision of 100% of the annuity payable to spouse during his/her life on death of annuitant’ and Under this option, payment of monthly annuity would cease once the annuitant and the spouse die or after death of the annuitant if the spouse pre-deceases the annuitant, without any return of purchase price.
3. However, where the corpus is not adequate to buy the default annuity variant and from the default ASP, the subscriber has to compulsorily choose an ASP who offers an annuity at the available corpus in the account of the subscriber.

7. Service Tax:
The amount of service tax as per the prevailing rates shall be payable by the policyholder along with the purchase price. 

8. Paid-up value/ Surrender Value/ Loan:
The policy does not acquire any paid-up value and no surrender value and no loan will be available under the policy.




PART 2 –PROCESS FOR ANNUITY SELECTION AND ONLINE PURCHASE:
The starting screen would have a declaration that the subscriber had read and understood the information on annuities, aware of the implications of the annuity option chosen by him and that he would like to proceed further for selecting the annuity option and Annuity Service Provider. 



1.            i. The subscriber or PAO/DDO/DTO’s/POP-SP/Aggregator inputs the claim number as provided by CRA in the above page and the other fields providing the demographic information are auto- populated from the CRA system.
2.            ii. The system would generate the monthly annuity amount once the subscriber or PAO/DDO/DTO’s/POP-SP/Aggregator clicks the Quotation button on the screen and check the monthly annuity/pension that could be obtained with the given corpus. In case of NPS- Swavalamban subscribers, the condition of annuitizing the entire accumulated pension wealth in case if the annuity/pension obtainable with the 40/80% is below Rs.1000/- p.m. would be applied, through a systemic check taking the annuity rates of LIC as benchmark for deciding on the issue.
3.            iii. The subscriber through his PAO/DDO/DTO’s/POP-SP/Aggregator has to choose the ASP and the annuity variant that best suits him. Alternatively, he can save the quotation and take a printout of the screen shot with necessary disclaimers and finalise the same at his convenience. However, it should be noted that the depicted figures of monthly annuity have a limited validity in terms of days.
4.            iv. Alternatively, once the subscriber chooses his ASP upon going through the quotations generated in the above steps or after satisfying himself on the ASP and scheme can either download the application form of the ASP and submit it to the NPSCPC after completing all the documentary formalities. Also, he can obtain the annuity proposal or application from any of the offices of the concerned ASP and submit it to NPSCPC as provided above. However, the online purchase process is recommended as majority of the information pertaining to the subscriber is auto populated from the CRA system and which would be more consistent.
v. The subscriber choosing to purchase annuity online has the option to choose any of the ASP’s and the variant and can simply CLICK on the ASP name which he is opting for. This would lead him to the online platform of the ASP for purchase of the annuity showing the monthly pension payable for all the annuity variants for the given purchase price. Here, the subscriber has to choose an annuity scheme specifically and which will take him to the online platform where all the fields would be auto populated except for those specific fields which needs to be filled in by the purchaser on line. The subscriber through his PAO/DDO/DTO’s/POP-SP/Aggregator has to complete all the screens and SUBMIT the proposal as provided in their  


PFRDA Act 2013 || Pension Fund Regulatory and Development Authority Act 2013

                             PFRDA Act 2013 || Pension Fund Regulatory and Development Authority Act 2013. . The PFRDA Act of Parliament received the assent of the President on the 18th September, 2013, and is published for general information. An Act to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to schemes of pension funds and for matters connected therewith or incidental thereto. As per Chapter I of the Act, This Act is called as the Pension Fund Regulatory and Development Authority Act, 2013.It extends to the whole of India.

Key Points of Pension Fund Regulatory and Development Authority Act (PFRDA) 2013


As Per Chapter-III of the Act 
Rule 12.

(1) This Act shall apply to: (a) the National Pension System; (b) any other pension scheme not regulated by any other enactment.
(2) Every pension scheme referred to in clause (b) shall conform to the regulations made by the Authority within such time as may be specified in the regulations.
(4) Notwithstanding anything contained in sub-section (3), any State Government or administrator of a Union territory may, by notification, extend the National Pension System to its employees.
(5) Notwithstanding anything contained in clause (c) of sub-section (3), the Central Government may, by notification, extend the application of this Act to any other pension scheme [including any other pension scheme exempted and notified under clause (c) of subsection (3)].
(6) Any person governed under any of the schemes or funds referred to in sub-section (3) may, at his option, also join the National Pension System.

AS PER CHAPTER VI OF THE ACT - NATIONAL PENSION SYSTEM

Rule 20.
    (1) The contributory pension system notified by the Government of India in the Ministry of Finance vide notification number F. No. 5/7/2003-ECB&PR, dated the 22nd December, 2003, shall be deemed to be the National Pension System with effect from the 1st day of January, 2004, and such National Pension System may be amended from time to time by regulations.
      (2) Notwithstanding anything contained in the said notification, the National Pension System shall, on the commencement of this Act, have the following basic features, namely:–


1.            (a) every subscriber shall have an individual pension account under the National Pension System;
2.            (b) withdrawals, not exceeding twenty-five per cent. of the contribution made by the subscriber, may be permitted from the individual pension account subject to the conditions, such as purpose, frequency and limits, as may be specified by the regulations;
3.            (c) the functions of recordkeeping, accounting and switching of options by the subscriber shall be effected by the central recordkeeping agency;
4.            (d) there shall be a choice of multiple pension funds and multiple schemes:
5.            Provided that—
6.            (a) the subscriber shall have an option of investing up to hundred per cent. of his funds in Government Securities; and
7.            (b) the subscriber, seeking minimum assured returns, shall have an option to invest his funds in such schemes providing minimum assured returns as may be notified by the Authority;
8.            (e) there shall be portability of individual pension accounts in case of change of employment;
9.            (f) collection and transmission of contributions and instructions shall be through points of presence to the central recordkeeping agency;
10.          (g) there shall not be any implicit or explicit assurance of benefits except marketbased guarantee mechanism to be purchased by the subscriber;
11.          (h) a subscriber shall not exit from the National Pension System except as may be specified by the regulations; and
12.          (i) at exit, the subscriber shall purchase an annuity from a life insurance company in accordance with the regulations.
(3) In addition to the individual pension account mentioned in clause (a) of subsection (2), a subscriber may also, at his option, have an additional account under National Pension System having the features mentioned in clauses (c) to (g) of sub-section
(2) and also having the additional feature that the subscriber shall be free to withdraw part or all of his money at any time from the additional account.


Rule 21. (1) The Authority shall, by granting a certificate of registration under sub-section (3) of section 27, appoint a central recordkeeping agency:
Provided that the Authority may, in public interest, appoint more than one central recordkeeping agency.
(2) The central recordkeeping agency shall be responsible for receiving instructions from subscribers through the points of presence, transmitting such instructions to pension funds, effecting switching instructions received from subscribers and discharging such other duties and functions, as may be assigned to it under the certificate of registration or as may be determined by regulations.
(3) All the assets and properties owned, leased or developed by the central recordkeeping agency, shall constitute regulated assets and upon expiry of certificate of registration or earlier revocation thereof, the Authority shall be entitled to appropriate and take over the regulated assets, either by itself or through an administrator or a person nominated by it in this behalf:
Provided that the central recordkeeping agency shall be entitled to be compensated the fair value, to be ascertained by the Authority, of such regulated assets as may be determined by regulations:
Provided further that where the earlier revocation of the certificate of registration is based on violation of the conditions in the certificate of registration or the provisions of this Act or regulations, unless otherwise determined by the Authority, the central recordkeeping agency shall not be entitled to claim any compensation in respect of such regulated assets.


Rule 22. (1) The Authority may, by granting a certificate of registration under sub-section (3) of section 27, permit one or more persons to act as a point of presence for the purpose of receiving contributions and instructions, transmitting them to the Trustee Bank or the central recordkeeping agency, as the case may be, and paying out benefits to subscribers in accordance with the regulations made by the Authority from time to time in this regard.
(2) A point of presence shall function in accordance with the terms of its certificate of registration and the regulations made under this Act.


Rule 23. (1) The Authority may, by granting a certificate of registration under sub-section (3) of section 27, permit one or more persons to act as a pension fund for the purpose of receiving contributions, accumulating them and making payments to the subscriber in such manner as may be specified by regulations.
(2) The number of pension funds shall be determined by regulations and the Authority may, in public interest, vary the number of pension funds:
Provided that at least one of the pension funds shall be a Government company.
Explanation.—For the purposes of this sub-section, the expression “Government company” shall have the meaning assigned to it in section 617 of the Companies Act, 1956.
(3) The pension fund shall function in accordance with the terms of its certificate of registration and the regulations made under this Act.
(4) The pension fund shall manage the schemes in accordance with the regulations.


Rule 24. The aggregate holding of equity shares by a foreign company either by itself or through its subsidiary companies or its nominees or by an individual or by an association of persons whether registered or not under any law of a country outside India taken in aggregate in the pension fund shall not exceed twenty-six per cent. of the paid-up capital of such fund or such percentage as may be approved for an Indian insurance company under the provisions of the Insurance Act, 1938, whichever is higher.
 Explanation.—For the purposes of this section, the expression “foreign company” shall have the meaning assigned to it in clause (23A) of section 2 of the Income-tax Act, 1961.


Rule 25. No pension fund shall, directly or indirectly invest outside India, the funds of subscribers.

Rule 26. The central recordkeeping agency, points of presence and pension funds, shall satisfy the eligibility norms as may be specified by the regulations, including minimum capital requirement, past track-record including the ability to provide guaranteed returns, costs and fees, geographical reach, customer base, information technology capability, human resources and such other matters

NPS National Pension System Tier-I Account in CPS Subscriptions

What is National Pension System? The Central Government has introduced the Defined Contribution based Pension System known as theNational Pension System (NPS) or Contributory Pension System (CPS) (but is popularly known as New Pension System/Scheme) replacing the existing system of Defined Benefit Pension with effect from January 01, 2004. This is the 1st Part of the our upcoming 3 Parts Series on NPS.

DETAILS OF NATIONAL PENSION SYSTEM (NPS / CPS)

NPS is applicable to all new employees of Central Government service, except Armed Forces, who have joined Government service on or after 1st January 2004.The person (employee/citizen) who joins the NPS will be known as ‘Subscriber’ in the NPS. Under the NPS, each Subscriber will open an account with Central Record keeping Agency (CRA) which will be identified through unique Permanent Retirement Account Number (PRAN).Under NPS, two types of account would be available to subscribers i.e., Tier I & Tier II;
            Tier I account - where a subscriber contributes his / her savings for retirement in to a non-withdrawable account, and a Tier II account - a voluntary savings account from which subscribers are free to withdraw his / her savings whenever he/she wishes. The facility of Tier II account was made available from December 1, 2009 to all citizens of India including Govt. employees mandatorily covered under NPS. An active Tier I account will be a pre requisite for opening of a Tier II.

What are the benefits of NPS?
1.            It is transparent - NPS is transparent and cost effective system wherein the pension contributions are invested in the pension fund schemes and the employee will be able to know the value of the investment on day to day basis.
2.            It is portable - Each employee is identified by a unique number and has a separate Permanent Retirement Account which is portable i.e., will remain same even if an employee gets transferred to any other office.
3.            It is simple - All the subscriber has to do, is to open an account with his/her nodal office and get a PRAN.
4.            It is regulated - NPS is regulated by PFRDA, with transparent investment norms & regular monitoring and performance review of fund managers by NPS Trust.
What are the tax benefits of NPS?
                At present, the tax treatment for contribution made in Tier I account is EET, "Exempted-Exempted-Taxed" i.e., the amount contributed is entitled for deduction from gross total income upto Rs. 1.00 lac (along with other prescribed investments) as per section 80C (as per the provisions of the Income Tax Act, 1961 as amended from time to time). The appreciation accrued on the contribution and the amount used by the subscriber to buy the annuity are not taxable, Only the amount withdrawn by the subscriber after the age of 60 is taxable.
               As per the proposed Direct Tax Code, the tax treatment for contribution in Tier I account will be "Exempted-Exempted-Exempted" i.e. in addition to the existing benefit, the amount withdrawn by the subscriber after the age of 60 will be exempted from tax like PPF.
Can a subscriber get loan under NPS ?
           No. At present, a subscriber cannot avail a loan against his / her NPS holdings.

Who can subscribe in NPS?
           NPS is applicable to all new employees of Central Government service (except Armed Forces) and Central Autonomous Bodies joining Government service on or after 1st January 2004. For State Governments, State Autonomous Bodies and Corporates, the dates may vary. Any other government employee who is not mandatorily covered under NPS can also subscribe to NPS under "All Citizens of India" through a Point of Presence - Service Provider (POP-SP).

What is Tier-I Account. Relation between CPS Subscriptions to Tier-I. ?
How will I contribute in Tier I Account?
           Under Tier I, mandatory contribution will be through a subscriber's nodal office. Every month, 10% of his / her salary (basic + DA) and equivalent government’s contribution will be invested in NPS (Contributory Pension Scheme CPS). For employees under corporate sector, the contribution amount depends on the agreement between the subscriber and the employer. No separate contribution can be made by the subscriber. Hence all the Amount deducted under CPS is nothing but Tier-I for State government Employees of AP.


What is the procedure for Registration of Subscribers in Tier-I Account

1.            For the purpose of registration, (Tier I account)
2.            Subscriber shall submit form S1 to the DDO (or equivalent offices).
3.            The DDO shall provide and certify the employment details.
4.            Subsequently, the DDO shall forward the form to the respective PAO / DTO.
5.            The form should be submitted to CRA for registration
How much does a subscriber need to contribute in Tier I?
Contribution in Tier I, depends on the basic salary of the subscriber and there is no minimum amount.

Where do I submit my contribution for Tier I?
Tier I - contribution amount is deducted from the salary and remitted by the concerned Nodal Office.

When will the units be credited to my NPS account in Tier I?
            In case of Tier I account, subscriber's associated nodal office will upload his / her monthly pension contribution details to CRA along with transfer of funds to the Trustee bank appointed for this purpose. CRA will match the contribution details uploaded by the nodal office and the amount confirmed to be received by Trustee Bank and instruct the Pension Fund Managers to invest the contribution as per your scheme setup preference. The units created will be credited by CRA to your Permanent Retirement account.

When and how can I withdraw the amount from Tier I account?
          Withdrawal of Tier I account: As per the guidelines for withdrawal stipulated by Pension Fund Regulatory & Development Authority (PFRDA)/Ministry of Finance(MOF), the subscribers can exit form National Pension System (NPS) on his / her retirement, resignation or death.

*Retirement : On attaining the age of 60 years, a subscriber would be required to invest minimum 40% of his / her accumulated savings (pension wealth) to purchase a life annuity from any IRDA (Insurance Regulatory and Development Authority) - regulated life insurance company.
               A subscriber may choose to purchase an annuity for an amount greater than 40%. The remaining pension wealth can either be withdrawn in a lump sum on attaining the age of 60 or in a phased manner, between age 60 and 70, at the option of the subscriber.
*Resignation: On resignation of the subscriber, 80% of the corpus has to be annuitized and the subscriber can withdraw remaining wealth.
*Death : On death, the entire corpus of the subscriber will be handed over to the nominee of the subscriber.
              However, the operational procedures for the withdrawal are yet to be finalized by PFRDA in consultation with MOF. Once they are finalized the offices will be intimated about the same. The withdrawal request should be routed through the associated PAO.

What is Annuity?
            Annuity in the context of NPS refers to the monthly sum that will be received by the subscriber from the Annuity Service Provider after he attains the age of 60.

Who is the Annuity service provider?
             Annuity Service Providers (ASPs) is the entity who will be responsible for managing the funds (allocated for buying annuity) and payment of the pension after a subscriber attains the age of 60. The ASPs will be the entities regulated by IRDA. At present, ASP is not appointed by PFRDA.

What happens if the subscriber dies after attaining the age of 60?
             The mode and manner of payment of amount (if any available) will depend on the type of annuity plan / scheme selected by the subscriber while buying the annuity.

How can I exit from NPS?
  • No employee/subscriber can exit from NPS till he is mandatorily covered under NPS.
  • In case of death of the subscriber before the age of 60, the nominee will receive the entire sum. In case of resignation or voluntary retirement, please refer to the question on withdrawal.
What happens to my investments if I discontinue the scheme?
     A subscriber who is mandatorily covered under NPS can not exit from NPS till he is employed.In case of resignation or voluntary retirement, please refer to the question on withdrawal.

What happens to the accumulated amount at the time of death of the employee?
In the event of death of the employee/subscriber, the nodal office will enter a withdrawal request in the CRA system. After the request is processed, a cheque is issued favouring the nominee and is despatched to the nodal office. In case no nominee is registered in the CRA system, the cheque is issued favouring the associated PAO. In case there are more than one nominee, the sum will be distributed to nominee in the ratio as recorded in the system.

What is the use of T-PIN ?
Subscribers can call at CRA's toll free number 1800 222 080 and access the Interactive Voice Response (IVR) or speak to our customer service executive using the T-PIN (Telephonic Personal identification Number).

What are the different options in the IVR available to the subscribers?
Subscribers have the following options in IVR
  • Change of T-PIN
  • Check holding details
  • Check the status of any change request (such as change of address, nomination etc.)
  • Check details of last contribution credit and last withdrawal request (for Tier II only).
How do subscribers check the status of the change request through IVR?
           After accessing the IVR using the T-PIN, subscribers need to select the option of checking the status of the change request and input the acknowledgement number generated by the CRA system once the request is processed by the PAO. Subscribers can also speak to the call centre executive to check the status.

What happens in case a subscriber get transferred?
              As the PRAN is portable, in case of transfer, PRAN remains the same. The subscriber's association with the new nodal office in the CRA system will happen once his / her contribution details are uploaded by his / her new nodal office in the CRA system.

How can I exit from NPS before the age of 60?
A government employee mandatorily covered under NPS cannot exit from NPS till he resigns or retires from the service. In case of resignation, at least 80% of the pension wealth to purchase a life annuity from any IRDA - regulated life insurance company. Remaining 20% of the pension wealth may be withdrawn as a lump sum.

Detailed Guide on Online CPS/NPS Online Withdrawal Request Process

Detailed Guide on Online CPS/NPS Online Withdrawal Request Process. PFRDA has issued orders that CPS/NPS Withdrawals Requests should be made through Online mode Only. Now let us discuss on how to process the CPS/NPS Withdrawal requests in Online Mode. This is the exit process to be followed in case of Government Subscribers. In this post detailed process of Raising Online CPS/NPS Withdrawal Request for all Cases, Verification of Online CPS/NPS Withdrawal Request, and Authorization of CPS/NPS Online Withdrawal request is explained.

Detailed Guide on Online CPS/NPS Online Withdrawal Request Process

            A subscriber can exit the National Pension System (NPS) due to Superannuation, Pre- mature Exit and death. This document describes the Withdrawal procedure to be followed by the subscribers and Nodal Offices for processing the Withdrawal request in the CRA system. 
  • With a view to simplify and streamline the processing of exit and withdrawal claims, CRA has developed a ‘Online Withdrawal’ module to process ‘Withdrawal Request’ for subscribers exiting NPS on the online platform made available by CRA. In order to facilitate and expedite the process for settlement of the withdrawal claims of the subscribers of National Pension System (NPS), PFRDA has made it mandatory for all the nodal offices (PAO’s/DDO etc) to process the withdrawal claims of their underlying subscribers on the online platform being made available on the CRA system from 01st April, 2015. This functionality has been made available through the website of CRA (www.cra-nsdl.com) and can be initiated at any of the two levels as mentioned below: 
  • At Nodal Offices (PAO/DDO) – When the applicant herself/himself does not files an online Withdrawal/exit application but submits the physical application, Nodal Offices will key in the particulars and initiate (capture, verify and submit) the Withdrawal requests in CRA system under all the three categories (Exit due to Superannuation/attainment of 60 years, exit before the age of Superannuation/attainment of 60 years and exit due to Death) 
  • At Subscribers – In case of Superannuation/attainment of 60 years, exit before the age of Superannuation/attainment of 60 years, the subscribers can also initiate Withdrawal requests in the CRA system which shall subsequently have to be verified by the Nodal Office (PAO/DDO) in CRA system. 

B. Important features of the ‘Online’ Claims Processing:
  • If subscriber wishes to raise the Withdrawal request in Online module (in case of superannuation/ Pre-mature exit), Claim ID is mandatory. 
  • In case of superannuating subscribers, Claim IDs will be generated six months prior to the date of superannuation/attaining the age of 60 years of age. Nodal Offices will be able to initiate the Withdrawal request in the CRA system for all such cases where Claim ID has been generated. 
  • If request is initiated by the subscriber, the Nodal Office has to authorize the same in CRA system. 
  • In case of exit due to Pre-mature exit, Nodal Office has to generate the Claim ID for a subscriber to enable them to submit the online request. The process of Generation/Cancellation of Claim ID by the Nodal Office is attached as Annexure III. 
  • If Nodal Office initiates the Withdrawal request on behalf of subscriber, Claim ID is not mandatory. 
  • The purchase of annuity shall take place on manual basis as per existing guidelines till the online annuity purchase system is in place.
C. Processing of Withdrawal request in CRA system
This document describes the steps to be followed by Nodal Offices for initiating Withdrawal request in CRA system for subscribers who are exiting NPS. The document has been divided in two chapters:

Withdrawal Request raised by a Nodal Office in CRA system
Capturing of Withdrawal request by Nodal Office
Authorization of Withdrawal request by Nodal Office

Subscribers raising Withdrawal Request in CRA system
Capturing of Withdrawal request by subscriber
Verification and Authorization of Withdrawal request by Nodal Office

The PAO and the DTAs (hereafter referred as Nodal Offices) can capture Withdrawal request for superannuation, premature exit or death cases. The following activity flow provides the steps the Nodal Office has to follow while initiating a Withdrawal request:

D. Withdrawal Request raised by a Nodal Office in CRA system

  • Submission of physical form by Subscriber/Claimant: Subscriber/Claimant will fill the Withdrawal Form and submit the Withdrawal request along with required documents (please refer Annexure IV) and annuity purchase form (if applicable) informing his/her choice of ASP to his/her mapped Nodal Office. 
  • Verification of Withdrawal request: The Nodal Office will verify whether the Withdrawal Request Form has been properly filled and check whether all KYC documents have been submitted by the subscriber/claimant. The Nodal Office will initiate the request only after such verification is carried out. 

Online Capturing of Withdrawal request by Nodal Office

E.1. Upon Normal Superannuation / upon reaching the age of 60 years:

Nodal Office will login into the CRA system (www.cra-nsdl.com) using the one of the User ID and I-Pin. Details posted at apteachers.in

  • a. After logging in the CRA site, the User will click on the menu ‘Exit Withdrawal request’ and then on the sub-menu ‘Initiate Withdrawal Request’. 
  • b. The User will enter PRAN in the designated field and submit the request. 
  • c. Category of Withdrawal request: The user will select Category of Withdrawal request as Superannuation from the drop down menu. 
  • d. Withdrawal % Allocation: The User will select the Withdrawal type and percentage of Withdrawal and submit the request. Subscriber can select maximum 60% as lump-sum Withdrawal. However, if NPS subscriber corpus is less than Rs. 2,00,000, he/she can opt for 100% as lump-sum Withdrawal. If NPS Lite subscriber corpus is less than Rs. 1,00,000, he/she can opt for 100% as lump-sum Withdrawal. 
  • e. Subscriber’s correspondence address will be displayed. The user will click on proceed. 
  • f. Bank Details: User will mandatorily provide the bank details where subscriber last salary was credited as per employment records to which funds will be transferred after redemption of units. If subscriber’s bank details are present in the CRA system, it will be displayed to the user. User will click on confirm and proceed if bank details available in CRA records are same as mentioned in Withdrawal Form, else user will click on ‘Edit’ button and will update bank details of the subscriber. The user will then confirm the details. The details should be as per the salary records maintained by the nodal office.
  • g. Nomination Details: If Nomination details of the subscriber are available in CRA system, it will be displayed to the user. The user will click on the Edit Button and will update Nomination details of the subscriber if the same are not matching with the details mentioned on Withdrawal Form. Else, user will update the address details of the Nominee(s). 
  • h. Annuity Service Provider (ASP) Selection: User will select an ASP and ASP scheme for the ASPs empanelled by PFRDA under NPS. 
  • i. The user will then be navigated to ‘Checklist’ page where the User will select the documents submitted by subscriber. The User will then submit the request. 
  • j. The User will then be navigated to confirmation screen where the User will have to confirm the details captured. On confirmation, the request will be captured in the CRA system and an Acknowledgement Number will be generated. User should note down the Acknowledgement Number generated. 

E.2. On Exit from NPS before the age of Normal superannuation / age of 60 Years (irrespective of cause) 
Nodal Office will login into the CRA system (www.cra-nsdl.com) using the one of the User ID and I-Pin. 

  • a. After logging in the CRA site, the User will click on the menu ‘Exit Withdrawal request’ and then on the sub-menu ‘Initiate Withdrawal Request’. 
  • b. The User will enter PRAN in the designated field and submit the request. 
  • c. Category of Withdrawal request: The user will select Category of Withdrawal request as Pre-mature Exit from the drop down menu. 
  • d. Withdrawal % Allocation: The User will select the Withdrawal type and percentage of Withdrawal and submit the request. Subscriber can select maximum 20% as lump-sum Withdrawal. However, if subscriber corpus is less than Rs. 1,00,000, he/she can opt for 100% lump-sum Withdrawal. 
  • e. Subscriber’s correspondence address will be displayed. The user will click on proceed. 
  • f. Bank Details: User will mandatorily provide the bank details where subscriber last salary was credited as per employment records to which funds will be transferred after redemption of units. If subscriber’s bank details are present in the CRA system, it will be displayed to the user. User will click on confirm and proceed if bank details available in CRA records are same as mentioned in Withdrawal Form, else user will click on ‘Edit’ button and will update bank details of the subscriber. The user will then confirm the details. The details are as per the salary records maintained by the nodal office. 
  • g. Nomination Details: If Nomination details of the subscriber are available in CRA system, it will be displayed to the user. The user will click on the Edit Button and will update Nomination details of the subscriber if the same are not matching with the details mentioned on Withdrawal Form. Else, user will update the address details of the Nominee(s). 
  • h. Annuity Service Provider (ASP) Selection: User will select an ASP and ASP scheme for the ASPs empanelled by PFRDA under NPS. 
  • i. In the checklist, the User will then capture the documents submitted by subscriber. The User will then submit the request. 
  • j. The User will then be navigated to confirmation screen where the User will have to confirm the details captured. On confirmation, the request will be captured in the CRA system and an Acknowledgement Number will be generated. User should note down the Acknowledgement Number generated. 
E.3. Withdrawal request due to death of subscriber
Only Nodal Office can capture the Withdrawal request due to death of subscriber. As per PFRDA guidelines, if the family members of the deceased Govt. subscriber are not receiving family pension then NPS contributions is to be transferred to the family member of the deceased subscriber. Below is the procedure to capture the request in CRA system:
Nodal Office will login into the CRA system (www.cra-nsdl.com) using the one of the User ID and I-Pin. 

  • a. After logging in the CRA site, the User will click on the menu ‘Exit Withdrawal request’ and then on the sub-menu ‘Initiate Withdrawal Request’. 
  • b. The User will enter PRAN in the designated field and submit the request. 
  • c. Category of Withdrawal request: The user will select Category of Withdrawal request as Death from the drop down menu. 
  • d. Withdrawal % Allocation: The User will select the Withdrawal type and percentage of Withdrawal and submit the request. Claimant can select maximum 20% as lump-sum Withdrawal. However, if subscriber corpus is less than Rs. 2,00,000, he/she can opt for 100% lump-sum Withdrawal. 
  • e. Subscriber’s correspondence address will be displayed. The user will click on proceed. 
  • f. Claimant Details: If Nomination details of the subscriber are available in CRA system, it will be displayed to the user. User is required to provide Claimant details. If Nomination details are not available in CRA system, User is required to provide the Claimant details as per the document submitted by the claimant (legal heir certificate /family member certificate). 
  • g. Bank Details: User will provide the bank details to which funds will be transferred after redemption of units. The details are to be supported by the documents wherever necessary. 
  • h. Annuity Service Provider (ASP) Selection: User will select an ASP and ASP scheme for the ASPs empanelled by PFRDA under NPS. 
  • i. In the checklist, the User will then capture the documents submitted by subscriber. The User will then submit the request. 
  • The User will be requested to confirm the details captured. On confirmation, the request will be captured in the CRA system. CRA system will generate the Claim ID and Acknowledgement Number on successful submission of Withdrawal request. 
F. Authorization of Withdrawal Request by Nodal Office
Nodal Office is required to authorize the request captured in the CRA system. Another Nodal Office User will login into the CRA system (www.cra-nsdl.com) using second User ID and I-Pin. Details posted at apteachers.in

  • a. The second User, after logging in the CRA site, will click on the menu ‘Transaction’ and then on the sub-menu ‘Authorize Transaction’. 
  • b. The Nodal Office User will have to select transaction type as ‘Withdrawal request’. After selecting the type, the User will enter the relevant PRAN/Acknowledgement ID as the search criterion. 
  • c. After clicking on the search button, the second Nodal Office User will be able to view the screen summary with the details of Acknowledgment Number, PRAN, Registration Date, Registered By and Request Type. The Nodal Office User then clicks on the Acknowledgment Number hyperlink. 
  • d. The second User will now have the view of the Withdrawal request initiated by the first User. The second Nodal Office User can view the signature of the subscriber. The user will verify the request and click on Authorize Button to submit the request. 
  • e. The second User has to confirm the bank account details provided in the withdrawal form with the bank account details available with them in which the last salary was credited as per record. 
  • f. Once the User authorizes the Withdrawal request in CRA system, request will be placed in the CRA system for redemption of units. Units will be redeemed from the PRAN and funds will be transferred to the bank details provided in the Withdrawal request. In case of superannuation, Withdrawal request will be executed in the CRA system after the date of retirement of subscriber. In case of Pre- mature Exit/death, request will be executed on next day of authorization of Withdrawal request
  • g. The User will reject the request in case there is any mismatch or details are not proper. In case of rejection, reason is mandatory. 
  • h. The Nodal Office Official has to attest the Withdrawal Form along with other KYC documents. The Nodal Office will then attach covering letter and sends the Withdrawal docket to CRA (to be marked to NPSCPC) for storage purpose only.

Subscribers raising online Withdrawal Request in CRA system

G.1. Capturing of Superannuation Withdrawal request by subscriber 

1.            NPS subscribers may initiate the Withdrawal request in the CRA system six months before the age of Superannuation or on reaching the age of 60 years. 
2.            The NPS subscribers, after capturing their Withdrawal request in the CRA system, will submit the Withdrawal Form along with the required documents (please refer Annexure IV) and annuity purchase form (if applicable) to their mapped Nodal Office. Nodal Office is required to authorize the request in the CRA system, authorize the physical Withdrawal Form and verify the subscriber signature, KYC Documents submitted and forward the duly authorised physical Withdrawal Form along with the supporting documents to CRA for storage purpose only. 
The following activity flow provides the steps the subscriber to follow while capturing a Withdrawal request. 
  • a) The subscriber will login into the CRA system (www.cra-nsdl.com) with his/her User ID and I Pin. 
  • b) After logging in the CRA site, the subscriber will click on the menu ‘Exit Withdrawal request’ and then on the sub-menu ‘Initiate Withdrawal Request’. 
  • c) In case, a subscriber whose Claim ID is not generated and tries to capture the Withdrawal request, a message will be displayed that the subscriber is not allowed to initiate any Withdrawal request. 
  • d) Withdrawal type & percentage of Withdrawal allocation: The subscriber will select the Withdrawal type and percentage of Withdrawal allocation and submit the request. Subscriber can select maximum 60% as lump-sum Withdrawal. However, if subscriber corpus is less than Rs. 2,00,000, he/she can opt for 100% as lump-sum Withdrawal. 
  • e) Subscriber’s correspondence address will be displayed. The subscriber will click on proceed 
  • f) Bank Details: Subscriber will mandatorily provide the bank details where subscriber last salary was credited as per employment records to which funds will be transferred after redemption of units. If subscriber’s bank details are present in the CRA system, it will be displayed to the subscriber. Subscriber will click on confirm and proceed if bank details available in CRA records are updated else subscriber will click on Edit and will enter bank details. The subscriber then confirms the details. The details should be as per the salary records maintained by the nodal office where last salary was credited. 
  • g) Nomination Details: If Nomination details of the subscriber are available in CRA system, it will be displayed to the subscriber. The subscriber will click on the Edit Button and will provide the complete Nomination details. 
  • h) Annuity Service Provider (ASP) Selection: User will select an ASP and ASP scheme for the ASPs empaneled by PFRDA under NPS. 
  • i) In the checklist, the subscriber will then selects the documents which would be submitted along with Withdrawal Form. The subscriber will then submit the request. 
  • j) After successful submission, an Acknowledgement ID will be generated. 
  • k) The subscriber can click on ‘View Form and view & print the Withdrawal Form. 
  • l) The subscriber has to perform the following activity: 
  • Paste his/her photograph and self attest it. Subscriber should provide his/her signature as per CRA records only. 
  • Subscriber is also required to sign the declarations in the Withdrawal Form. 
  • Get the witness signatures 
  • Affix Revenue Stamp and Signature on the Advanced Stamp Receipt 
Subscriber is required to submit the automated Withdrawal Form along with required documents to Nodal Office for authorization of Withdrawal request by Nodal Office.

G.2. Subscribers raising Pre-mature Exit Withdrawal Request in CRA system 


1.            NPS subscribers can initiate Withdrawal request in the CRA system only after Nodal Office generates the Claim ID for the subscriber. Procedure of Claim ID generation is explained in Annexure III. 
2.            The NPS subscribers, after capturing their Withdrawal request in the CRA system, will submit the Withdrawal Form along with the required documents and annuity purchase form to their mapped Nodal Office. Nodal Office is required to authorize the request in the CRA system, authorize the physical Withdrawal Form and verify the subscriber signature, KYC Documents submitted and forward the duly authorised physical Withdrawal Form along with the supporting documents to CRA for storage purpose only. 
The following activity flow provides the steps the subscriber and the concerned Nodal Office has to follow while authorizing a Withdrawal request. 
  • a) The subscriber will login into the CRA system (www.cra-nsdl.com) with his/her User ID and I Pin. 
  • b) After logging in the CRA site, the subscriber will click on the menu ‘Exit Withdrawal request’ and then on the sub-menu ‘Initiate Withdrawal Request’. 
  • c) In case, a subscriber whose Claim ID is not generated and tries to capture the Withdrawal request, a message will be displayed that the subscriber is not allowed to initiate any Withdrawal request. 
  • d) Withdrawal type & percentage of withdrawal: The subscriber will select the Withdrawal type and percentage of Withdrawal and submit the request. 
  • e) Subscriber’s correspondence address will be displayed. The subscriber will click on proceed 
  • f) Bank Details: Subscriber will mandatorily provide the bank details where subscriber last salary was credited as per employment records to which funds will be transferred after redemption of units. If subscriber’s bank details are present in the CRA system, it will be displayed to the subscriber. Subscriber will click on confirm and proceed if bank details available in CRA records are updated else subscriber will click on Edit and will enter bank details. The subscriber then confirms the details. The details should be as per the salary records maintained by the nodal office where last salary was credited. 
  • g) Nomination Details: If Nomination details of the subscriber are available in CRA system, it will be displayed to the subscriber. The subscriber will click on the Edit Button and will provide the complete Nomination details. 
  • h) Annuity Service Provider (ASP) Selection: User will select an ASP and ASP scheme for the ASPs empanelled by PFRDA under NPS. 
  • i) In the checklist, the subscriber will then selects the documents which would be submitted along with Withdrawal Form. The subscriber will then submit the request. 
  • j) After successful submission, an Acknowledgement ID will be generated. 
  • k) The subscriber can click on ‘View Form’ and view & print the Withdrawal Form. 
  • l) The subscriber has to perform the following activity: 
  • Paste his/her photograph and self attest it. Subscriber should provide his/her signature as per CRA records only. 
  • Subscriber is also required to sign the declarations in the Withdrawal Form. 
  • Get the witness signatures 
  • Affix Revenue Stamp and Signature on the Advanced Stamp Receipt 
  • Subscriber is required to submit the auto-ulated Withdrawal form alongwith required documents to Nodal Office for authorization of Withdrawal request by Nodal Office. 

VERIFICATION OF WITHDRAWAL REQUEST BY NODAL OFFICE

Once Nodal Office receives the physical request from the subscriber, it will process the request after verifying that the document is properly filled and supporting documents are in place. Details posted at apteachers.in. The roles and responsibilities of the Nodal Office would be as follows:
  • a. Nodal Office User will login into the CRA system (www.cra-nsdl.com) using the One of the User ID and I-Pin. 
  • b. Once Nodal Office User will click the menu ‘Exit Withdrawal Request’ and will click the sub-menu ‘Verify Subscriber Withdrawal Initiation’. 
  • c. The Nodal Office User will enter the combination of PRAN and Ack ID and submit the request. 
  • d. After submission of search button, the Nodal Office User will be able to view the screen summary with the details of Acknowledgment Number, PRAN, Registration Date, Registered By and Request Type. 
  • e. The Nodal Office User will then click on the Acknowledgment Number hyperlink. The verification screen for Withdrawal request captured by Subscriber will be available to the User. 
  • f. The Nodal Office User can view subscriber signature and verify the same against the signature in the Withdrawal request. Once the Nodal Office User verifies the Withdrawal request, the user will submit the request. 
  • g. In case, there is any error in the details entered by the subscriber or incorrect details entered, Nodal Office User can edit the same provided the supporting documents for such details are available. 
  • h. The Nodal office User will check for Bank account details provided by the subscriber as available with the records of nodal office for crediting subscriber’s salary 
  • i. The Nodal Office User may reject a request in case of a mismatch in the data entered, KYC documents not provided etc. Wherever a Withdrawal request is rejected, the User is required to provide the rejection reason. 
  • j. The Nodal Office should notify the subscriber in case of any modification carried out or any request rejected. 

AUTHORISATION OF WITHDRAWAL REQUEST BY NODAL OFFICE

  • a) The Second User of the Nodal Office will login into the CRA system (www.cra- nsdl.com) using his other User ID and I-Pin. 
  • b) The second User, after logging in the CRA site, will click on the menu ‘Transaction’ and then on the sub-menu ‘Authorize Transaction’. 
  • c) The Nodal Office User will have to select transaction type as ‘Withdrawal request’. After selecting the type, the User will enter the relevant PRAN as the search criterion. 
  • d) After clicking on the search button, the second Nodal Office User will be able to view the screen summary with the details of Acknowledgment Number, PRAN, Registration Date, Registered By and Request Type.
  • e) The Nodal Office User then clicks on the Acknowledgment Number hyperlink.
  • f) The authorization screen for Withdrawal request verified by Nodal Office First User will then be available to the Second User. The user will click on Authorize Button and submits the request.
  • g) The Nodal office User will check for Bank account details provided by the subscriber as available with the records of nodal office for crediting subscriber’s salary
  • h) Once the User authorizes the Withdrawal request in CRA system, request will be placed in the CRA system for redemption of units. Units will be redeemed from the PRAN and funds will be transferred to the bank details provided in the Withdrawal request. In case of superannuation, Withdrawal request will be executed in the CRA system after the date of retirement of subscriber. In case of Pre-mature Exit, request will be executed on next day of authorization of Withdrawal request.
  • i) The User will reject the request in case there is any mismatch or details are not proper. In case of rejection, reason is mandatory.
  • j) The Nodal Office Official has to attest the Withdrawal Form along with other KYC documents. The Nodal Office will then attach covering letter and sends the Withdrawal docket to CRA (to be marked to NPSCPC) for storage purpose only

PFRDA NPS CPS 25 Percent Partial Withdrawal Guidelines

PFRDA NPS CPS 25 Percent Partial Withdrawal Guidelines. The PFRDA has allowed 25% "Partial Withdrawal" from NPS/ CPS Accounts and issued the "Premature Withdrawal Guidelines" and Rules. Often CPS/NPS holders are searching for "PFRDA 25 Percent Partial Withdrawal from NPS/ CPS Guidelines, 25% Partial Widthdrawal from CPS, Contributory Pension Scheme Premature withdrawal, CPS Loan Guidelines, CPS Part final withdrawal, CPS Loan Guidelines as issued by PFRDA". Hence we apteachers.in here present the detailed guidelines issued by PFRDA. Note that State Govt have to issue separate orders for implementation of these orders for CPS Holders.

PFRDA 25 Percent Partial Withdrawal from NPS/ CPS Guidelines

The Chapter-III, Section IV, of the PFRDA Act published on May 11th 2015 is as follows:


1.            Conditions of withdrawals under National Pension System.- The National Pension System Trust or the central record keeping agency acting on behalf of the National Pension System Trust or any other entity authorized by the Authority for the purpose , may on receipt of an application for withdrawal from a subscriber in the specified form and subject to fulfillment of conditions so specified may allow withdrawal from the National Pension System in the mode and manner permitted under these regulations, guidelines, circulars, orders or notifications issued by the Authority from time to time: Provided that the subscriber shall be required to submit the application form for withdrawal, specified for the purpose, along with documents, so specified and comply with the requirements contained in the operational guidelines issued by the Authority with respect to the permissible withdrawals under the National Pension System
The following withdrawals shall be permitted under National Pension System.- 
(1) A partial withdrawal of accumulated pension wealth of the subscriber, not exceeding twenty-five per cent. of the contributions made by the subscriber and excluding contribution made by employer, if any, at any time before exit from National Pension System subject to the terms and conditions, purpose, frequency and limits specified below:-

(A) Purpose of NPS Partial Withdrawal: 

A subscriber on the date of submission of the withdrawal form, shall be permitted to withdraw not exceeding twenty-five percent of the contributions made by such subscriber to his individual pension account, for any of the following purposes only:-
  • (a) for Higher education of his or her children including a legally adopted child 
  • (b) for the marriage of his or her children, including a legally adopted child; 
  • (c) for the purchase or construction of a residential house or flat in his or her own name or in a joint name with his or her legally wedded spouse. 
  • In case, the subscriber already owns either individually or in the joint name a residential house or flat,other than ancestral property, no withdrawal under these regulations shall be permitted; 
  • (d) for treatment of specified illnesses: if the subscriber, his legally wedded spouse, children, including a legally adopted child or dependent parents suffer from any specified illness, which shall comprise of hospitalization and treatment in respect of the following diseases: 
  • (i) Cancer; 
  • (ii) Kidney Failure (End Stage Renal Failure); 
  • (iii) Primary Pulmonary Arterial Hypertension; (iv) Multiple Sclerosis; 
  • (v) Major Organ Transplant; 
  • (vi) Coronary Artery Bypass Graft; (vii) Aorta Graft Surgery; 
  • (viii) Heart Valve Surgery; 
  • (ix) Stroke; 
  • (x) Myocardial Infarction 
  • (xi) Coma; 
  • (xii) Total blindness;
  • (xiii) Paralysis; 
  • (xiv) Accident of serious/ life threatening nature. 
  • (xv) any other critical illness of a life threatening nature as stipulated in the circulars, guidelines or notifications issued by the Authority from time to time.

(B) Limits of CPS Partial Withdrawal: 

The permitted withdrawal shall be allowed only if the following eligibility criteria and limit for availing the benefit are complied with by the subscriber:- 
  • (a) the subscriber shall have been in the National Pension System at least for a period of last ten years from the date of his or her joining; 
  • (b) the subscriber shall be permitted to withdraw accumulations not exceeding twenty-five per cent of the contributions made by him or her and standing to his or her credit in his or her individual pension account, as on the date of application for withdrawal; 

(C ) Frequency of CPS/NPS Partial Withdrawal

The subscriber shall be allowed to withdraw only a maximum of three times during the entire tenure of subscription under the National Pension System and not less than a period of five years shall have elapsed from the last date of each of such withdrawal.
The mandatory requirement of five years having elapsed between two withdrawals shall not apply in case of “treatment for specified illnesses or in case of withdrawal arising out of exit from National Pension System due to the death of the subscriber. The request for withdrawal in the specified form, shall be submitted by the subscriber, along with relevant documents to the central record keeping agency or the National Pension System Trust, as may be specified, for processing of such withdrawal claim. Provided that where a subscriber is suffering from any illness, specified in sub-clause (d), the request for withdrawal may be submitted, through any family member of such subscriber. 

1.            (2) A subscriber having a valid and active Tier-II account of the Permanent Retirement Account can withdraw the accumulated wealth either in full or part, at any time by applying for such withdrawal, on such application form and in such mode and manner, as may be specified by the Authority in this behalf. There shall be no limit on such withdrawals till the account has sufficient amount of accumulated pension wealth to take care of the applicable charges and the withdrawal amount: 
2.            Provided that the Tier-II account shall stand automatically closed at the time of exit of the subscriber from the National Pension System, even if an application so specified for the purpose has not been received from the subscriber, and the accumulated wealth in such account shall be transferred to the bank account provided by the subscriber, while submitting his application for exit from the National Pension System.
Withdrawal process.-
(1) The National Pension System Trust or any other intermediary or entity authorized by the Authority for the said purpose shall be responsible for processing and authorizing approving the withdrawal and exit claims lodged by the subscriber in accordance with the provisions of the Act, these regulations, directions, guidelines issued by the Authority and the Pension Fund Regulatory and Development Authority (National Pension System Trust) Regulations, 2015, where applicable. The National Pension System Trust shall frame suitable operational processes or guidelines for facilitating withdrawals and Exit of subscribers from National Pension System.

Note:These are the Guidelines Issued by PFRDA for NPS 25% Partial Withdrawal. State Govt CPS Holders have to wait for specific orders to be issued by Govt.




Exit Guidelines in National Pension System (NPS) | What is Pension in CPS System

PFRDA Exit Guidelines from National Pension System (NPS) or CPS. Guidelines for Withdrawal of Accumulated Pension Wealth from National Pension System (Popularly known as New Pension Scheme) or CPS are released by PFRDA with certain amendments from time to time. The following are the details for the withdrawals allowed in  case of Government Employees subscribers (CPS Subscribers for AP Govt Employees):

Exit rules under National Pension System for Government Employee Subscribers

For effective regulation of the exits from National Pension System (NPS) Pension Fund Regulatory and Development Authority (PFRDA) has been issuing various circulars from time to time. In order to enable all the CPS Subscribers and other users to have an access to all the applicable circulars at one place We have collected Some Important Circulars and Placed them Here. For Your Knowledge base, Read our previous post on National Pension System - and Tier-1 Account Details for CPS Subsribers and definitions on some important terms-click here

At the time of Retirement, the 60% Total Accumulated Pension Fund of CPS Subscribers (NPS) can be withdrawn lumpsum or in a phased manner and with the  remaining 40% Amount, the Subscribers have to Purchase a Life Annuity from IRDA approved Life Insurance Companies. The Subscriber will receive the Pension from the Annuity Service Provider on the 40% Amount.


OPTION FOR COMPLETE WITHDRAWAL OF ACCUMULATED PENSION WEALTH

PFRDA/2013/17 /PDEX/10 23rd October, 2013
In partial modification of exit guidelines provided under master circular no: PFRDA/2013/2/PDEX/2 (at Serial no: 2 & 3) dt: 22/01/2013, it has been decided to provide an option to withdraw the entire accumulated pension wealth to subscribers other than the subscribers of NPS Lite – Swavalamban Scheme, subject to the condition that:
  • The accumulated pension wealth in the subscribers permanent retirement account is equal to or less than Rs.2,00,000/- at the time of superannuation for government employee subscribers or upon attaining the age of 60 years for subscribers falling under All citizen model and Corporate model.
The subscribers wishing to exercise this option shall have to fill the attached request form along with the NPS Withdrawal form while submitting the same to their DDO/PAO/DTO/POP.


REPLACING ‘PHASED WITHDRAWAL’ WITH ‘DEFERRED WITHDRAWAL’

Cir.No. PFRDA/ 2013/ 6/ PDEX /5 March 11th, 2013
Feedback is being received from various stakeholders that the subscribers be given a specific option to defer or time the entire lump sum withdrawal (max 60%) at the time of exit from National Pension System (NPS) rather than forcing them to choose a certain percentage (%) each and every year while choosing the existing ‘Phased withdrawal’ option, including the year in which they are exiting the system.
         The matter has been examined by the Authority and it has been decided to replace the “Phased Withdrawal” option currently available with a “Deferred withdrawal” option whereby the subscriber can time the lump sum withdrawal allowed under NPS at the time of exit, with immediate effect.
       Under the Deferred withdrawal facility, the subscribers at the time of exit from National Pension System (NPS) can exercise an option to defer the withdrawal of eligible lump sum withdrawal and stay invested in the NPS. However, it may be noted that no fresh contributions are accepted and also no partial withdrawals are allowed during such a period of deferment. The subscriber can withdraw the deferred lump sum amount at any time before attaining the age of 70 years by giving a withdrawal application or notice. If no such notice is given, the accumulated pension wealth would be automatically monetized and credited to his bank account upon attaining the age of 70 years.


EXIT RULES UNDER NPS (CPS) FOR GOVT SERVANTS 

Guidelines as per Cir no: PFRDA/ 2013/2/ PDEX / 2 SL-2

1.            a) Upon Normal Superannuation: At least 40% of the accumulated pension wealth of the subscriber needs to be utilized for purchase of annuity providing for monthly pension to the subscriber and balance is paid as lump sum payment to the subscriber.
2.            b) Upon Death: The entire accumulated pension wealth (100%) would be paid to the nominee/legal heir of the subscriber and there would not be any purchase of annuity/monthly pension.
3.            c) Exit from NPS before the age of Normal superannuation (irrespective of cause): At least 80% of the accumulated pension wealth of the subscriber needs to be utilized for purchase of annuity providing for monthly pension to the subscriber and the balance is paid as a lump sum payment to the subscriber.
The subscribers would be able to purchase the annuities directly from the empanelled Annuity Service Providers as per their choice of annuity that is available in the market/with the Annuity Service Provider’s(ASP’s) empanelled by PFRDA

PROCESSING OF WITHDRAWAL REQUESTS OF NON IRA COMPLIANT SUBSCRIBERS

Cir no: PFRDA/ 2013/2/ PDEX / 2 SL-4
PFRDA has issued necessary instructions to CRA with respect to the withdrawal guidelines for Non IRA Compliant subscribers in case of government servants who have died or resigned. The said information is being re-iterated hereunder for the information of all stakeholders for a better appreciation of the matter.
The following are the details of the process to be followed:

Exit from NPS arising out of death

  • Certification from the concerned PAO/DTO/DDO (attached as annexure I)
  • Affidavit from the claimant (attached as Annexure II.)
  • Filling of respective death claim form along with relevant details
Exit from NPS before the age of normal superannuation & arising out of resignation
Subscriber has to:
  • Submit duly filled S1 form for enabling the complete data capture in CRA system. No PRAN generation activity will be undertaken.
  • Submit duly filled Withdrawal form along with all relevant details and documents
       In case of death where PPAN was assigned but corresponding PRAN was not generated and the respective contribution is held with the concerned employer/department, then, the respective employer/ department may take appropriate decision at their end.

ADDL BENEFIT ON DEATH/DISABILITY OF GOVT SERVANT COVERED BY NPS

Cir no: PFRDA/ 2013/2/ PDEX / 2 SL-5
        PFRDA has in past replied to various queries received from various government departments in reference to OM No. 38/41/P&PWA (A) issued by DoP & PW’s dated 05/05/2009 with respect to the additional relief on death/disability of government servants covered by the new Defined Contributory Pension System (NPS). The said information is being re-iterated hereunder for the information of all stakeholders for a better appreciation of the matter.
          It has been decided that additional benefits provided in terms of the said OM are over and above the benefits provided by the National Pension System, as per para 3 of the OM.In case the recovery of the accumulated pension wealth under NPS account is to be undertaken as per government’s decision, it has to be done by the department concerned directly from the subscriber/nominees/legal heirs after due payment from NPS system to them, in order to fulfill the contractual obligations under NPS.



EMPANELMENT OF ANNUITY SERVICE PROVIDERS (ASPS) UNDER NPS

Cir no: PFRDA/ 2013/2/ PDEX / 2 SL-6
PFRDA has issued necessary instructions to CRA with respect to the Empanelment of Annuity Service Providers (ASPs) under National Pension System for providing annuity services. The said information is being re-iterated hereunder for the information of all stakeholders for a better appreciation of the matter.
Following seven Annuity Service Providers (ASPs) have been empanelled for the purpose.

  • 1. Life Insurance Corporation of India
  • 2. SBI Life Insurance Co. Ltd.
  • 3. ICICI Prudential Life Insurance Co. Ltd.
  • 4. Bajaj Allianz Life Insurance Co. Ltd.
  • 5. Star Union Dai-ichi Insurance Co. Ltd.
  • 6. Reliance Life Insurance Co. Ltd.
  • 7. HDFC Standard Life Insurance Co. Ltd



No comments:

Post a Comment

RC 25 Dt.6-4-2016 Instructions to Special Assistants

Rc 3, Dt.1/4/16 కామన్ ఎగ్జామినేషన్స్- సమ్మేటివ్ - పరీక్షా సంస్కరణలు అమలు

మోడల్ స్కూల్స్- 6 వ తరగతి ప్రవేశపరీక్ష 2016-17 - హాల్ టికెట్స్

Go No 23 Dt.31-3-2016 SSC పరీక్షల నిర్వహణ, స్పాట్ వేల్యూవేషన్ వ్యక్తిగత వేతనముల పెంపుదల

AP OPEN SCHOOL - SSC & INTER ( APRIL 2016 ) HALL TICKETS DOWNLOAD

RC No20,Dt,28-3-2016 AP లో అన్ని మేనేజ్ మెంట్ స్కూల్స్ లో 6-10 వరకు కామన్ ఎగ్జామినేషన్స్

Rc No 2 Dt.28-3-2016 ఒంటి పూట బడులు - CSE గారి సూచనలు

Rc 3,26-3-2016 మోడల్ ప్రైమరీ స్కూల్స్ - ఇంగ్లీష్ టీచర్స్ -జిల్లా కేంద్రాలలో ఇంగ్లీషు నైపుణ్యతా పరీక్ష

RC NO 02, Dt 26-3-2016 పని వేళలు పాటించని ప్రవేటు పాఠశాలలు పై చర్యలు తీసుకోవటం.

మీ పాఠశాల SMC అకౌంట్ లో 28-03-2016 నాటికి ఎంత వుందో ఇక్కడ చూడండి.!

GO.Ms.19 Dt.26.03.2016 Advisory Committee to Avoid Academic Burden

Common- Summative - 3 Time Table 2016

SSC& INTERMEDIATE (APOSS) EXAM APRIL 2016 TIME TABLE ( As on 24-3-2016)

RC 225, Dt 22-3-2016 OPENING ENGLISH MEDIUM SECTIONS

IN PRAVITE AIDED SCHOOLS

Rc 9 Dt.20-3-2016 Afternoon session exam com.to DEOs

PINDICS CONSOLIDATION WITH FULL DATA

ఆంధ్రప్రదేశ్ ప్రభుత్వ భీమా పధకము - ప్రాధమిక అవగాహన- వివరణ

Rc 18 Dt,18-3-2016 Natioal Award selection -Instructions

పదవ తరగతి ఇన్విజిలేటర్లకు సూచనలు

SSC HALL TICKETS -Regular Candidates Private Candidates

Vocational OSSC

RC NO 67 ,Dt17-3-2016 TET cum TRT 2014 -SURPLUS TEACHERS - CLARIFICATIONS

DSC-2014 SELECTIONS PROVISIONAL LISTS- ALL DISTRICTS

DSC 2014 WEBOPTIONS CLICK HERE

No 99 Dt.14-3-2016 DSC Non availability of candidates in local under SCSTBC De-reservation to Non-Local SC,ST,BC

RC 3997AP(SSA) date 12--03-16 .IERTs salary enhanced from12000- to RS 15000.

Rc.No.405, Dt.14.03.2016 Supplying Furniture to Secondary Schools

CERTAIN INSTRUCTION ON CC CAMERAS-IN SSC EXAM CENTRES

GO.MS 39 Dt 8-3-2016 Pensions Death Relief Raised to a minimum of Rs.15,000

Go.No 36 Dt.5-3-2016 APGLI Revision of Rates of Compulsory Premium with reference to Revised Pay Scales, 2015

RC 17670 Dt ,3--3-2016 General Attendance & MDM Attendance thruogh SMS daily

పాఠశాల యాజమాన్య కమిటి (SMC) ఎన్నికలు నిర్వహణ, నిబంధనలు (తెలుగులో)

RC 2038 Dt.29-2-2016 EARNED LEAVE - FOR APOSS DUTY 2014 AND 2015 YEARS

LR.NO 3320 dT.1-3-2016 SMC ELECTIONS procs. and schedule

SMC ELECTIONS Guidelines

RC NO 2 Dt.1-3-2016 Half Day SchoolS (up to 8/3/16) During the Summer

MDM READY RECKONER WITH 4.86 (PRIMARY)

Revised Schedule DSC 2014 as on 1-3-2016

RC No 88 Dt, 1-3-2016 Celebration of Matribhasa Diwas on 03-03-2016

Gort 31,Dt. 26-2-2016 Mid Day Meal Scheme –Enhancement of cooking cost

GO RT 84 Dt,26-2-2016 Medical reimbursement extension 31-3-2016

TEACHER AWARDS - ONLINE APPLICATION MODEL Online Link

GO Rt.83 Dt.25-2-2016 EHS, Reviewed the Scheme and arrival of certain decisions

GO.Rt 12, Dt.25-2-2016 CCE Evaluation pattern of examination system VI -X,

RC,118-A Dt.24-2-2016 NUEPA - 1000 Identifying of successfull Schools Competetion

Remittance particulars of unspent and Interest amounts of SMDC Bank Account....

RC 01 ,23-2-2016.CC cameras in SSC Exams (5 for Each Dist.)

Rc No 23 , 23-2-2016, LPs treated as SA for SSC Spot

RC NO 5 22-2-2016 ESTABLISHMENT OF MODEL PRIMARY SCHOOLS

AP Ed.CET-2016 ,COMPLETE INFORMATION

RC.NO 643 Dt.19-2-2016,filling of Disabled Backlog posts of previous DSCs in DSC 2014

INCOME TAX SOFTWARE 2015-16 -KSS PRASAD (FEB 19 ,2016) WITH NPS

RC.NO 643 Dt.19-2-2016,filling of Disabled Backlog posts of previous DSCs in DSC 2014

RC.NO 1519 Dt.19-2-2016 Maintanence of Toilets

Rc 550, Dt.19-2-2016 IE Cordinators utilise to High School under IEDSS

AP RC.NO 25 Dt.18-2-2016 Supply of Lenovo Tablets with BSNL 3G SIM to

all the RJDSEs, DEOs, POs, DyEOs and MEOs

GO.MS 21 18-2-2016 Enhancement of annual family income of the ST students under the Scheme of “Ambedkar Overseas Vidya Nidhi”

GO.NO 22 Dt.17-2-2016 , RETIREMENT GRATUATY WITH EFFECT FROM 2 JUNE 2014

RC 19 ,11-2-16 , 3G INTERNET TO GOVT SCHOOLS

GO.NO. 18 Dt.10-2-2016, DA RAISED FROM 8.908 TO 12.052 (w.e.f 1/1/15)

GO.NO .19 Dt.11-2-2016, DA TO PENSIONERS 8.908 TO 12.052

DA TABLE 12.052% W.E.F 1-1-2015

Rc 25 Dt,9-2-2016 SSC Spot valuation -instructions

ENGLISH TEACHER SELECTION FOR MODEL PRIMARY SCHOOL

ALL DISTRICTS

CALL LETTER DOWNLOAD

RC.NO 1900 DT 10-2-2016 INSTRUCTIONS TO INTER Dt. TRANSFERS


GO.RT. 9 , Dt.9-2-2016 Guidelines for selection of Supervisors in Adult Education Department

MRC GRANTS GUIDELINES 2015-16..

RC 142 Dt 5-2-2016, MAINTAIN MDM TASTING REGISTER

DSC 2014 CHANGES & RECTIFICATIONS

LANGUAGE PANDITS SGT's RIVISED FINAL KEY CHANGE

DSC-2014 Merit List Objections-Grievance Service

AP DSE 2014 INDIVIDUAL RANK CARD / MERIT LIST (Dt.WISE)

DOWNLOAD LPT EXAM(NOV 2015) WEB MARKS MEMO

PROFESSIONAL ADVANCEMENT TEST (NOV15) RESULTS

RC 142 Dt 5-2-2016, MAINTAIN MDM TASTING REGISTER

SSC -MARCH 2016 TIME TABLE

ఇంటి యజమానికి పాన్ కార్డ్ లేకపోతే..?వివరణ ఈ డిక్లరేషన్ ఇవ్వండి

INCOME TAX SOFTWARE 2015-16 - by KSS PRASAD ( 2 FEB 2106,)

Meeting on Teachers' problems on 27/01/2016

RC NO 47,18-1-2016, UDISEDISTRIC TEAMS- VERIFICATION FORMATE

INCOME TAX SOFTWARE 2015-16 by KSS PRASAD (18-01-2016)

INCOME TAX 2015-16 - S.SHESHADRI 19-1-2016

COMMON EXAMINATIOM SUMMATIVE -III

SSC MARCH 2016 NOMINAL ROLL

GO 'S TEST(88,97) RESULTS -CONDUCTED ON 12-12-2015

Interdistricts online Application submit Here

RC Spl ,30-12-2015 Janma Bhoomi – Maa Vooru (JBMV) proceedings

JBMV Final Guidelines (29.12.2015)

Rc No 375 Dt.24-12-2015,Divisional Level Urdu Primary Teachers Trainings..

RC NO 400 23-12-2015 Maintainence of school Toilets

Memo No.1 club the DDO powers of Head Masters with Mandal Educational Officers

RC NO 25 Dt 17-12-2015 Rationalisation Norms & shedule

GO.MS169 ,11-12-2015 Flag Day Fund collection( New Rates from Dec 2015)

INFORMATION ABOUT INCOMTAX 2015-16 IN TELUGU

AAS PAY SCALES AS PER PRC--2015, QUALIFICATIONS

INCOME TAX 2015-16 BY KSS PRASAD (9th -DEC)

G.O. 3643 Dt 9-12-2015 HOLIDAYS IN 2016 (Gen& Opt.)-ANDHRA PRADESH

Go 3644 HOLIDAYS – Holidays under Negotiable instruments Act, 1881 for the year 2016

Work Adjustment PS/UPS/HS - Schools Staff patterns DEC 2015

Rc No 25 dt.2-12-2015 Work adjustment of surplus posts.

Rc no 222 Dt 2-12-2015 Medical reimbursement online upto 10th DEc.2015

DEPARTMENTAL TESTS NOV 2015 - HALL TICKETS DOWNLOAD

Memo 456 dt.30-11-2015Aided Primary Schools Utilization Funds

అంతర్ జిల్లా బదిలీలకు మార్గదర్శకాలు

RC NO.279,28-11-2015, PARTIAL MODIFICATON IN SCHOOL TIME TABLE



DOWNLOAD DIGITAL TEXT BOOKS ( I - X ) CLASS

TELUGU MEDIUM ENGLISH MEDIUM URDU MEDIUM HINDI MEDIUM

MDM, COOKING COST & INGREDIENTS

RMSA SCHOOL IMPROVEMRNT PLAN 2016-17

UDISE DCF2015-16 Sample form

INFORMATION ABOUT INCOMTAX 2015-16 IN TELUGU

Norms for Rationalisation

AAS PAY SCALES AS PER PRC--2015, QUALIFICATIONS

INCOME TAX 2015-16 BY KSS PRASAD (9th -DEC)

Work Adjustment PS/UPS/HS - Schools Staff patterns DEC 201

అంతర్ జిల్లా బదిలీలకు మార్గదర్శకాలు

DEPARTMENTAL TESTS –NOVEMBER, 2015 ,REVISEDTIME TABLE

SECONDARY SCHOOLS TIME TABLE

NMMS 2015 ONLINE APPLICATION/// NMMS INSRUCTIONS

AP DEPTL TEST AUG 2015 RESULTS

Radio Lesson feed back Proformats

AP DEPTL TEST AUG 2015 RESULTS

Radio Lesson feed back Proformats


Readyness Programme Observation Sheet.

DOWNLOAD DIGITAL TEXT BOOKS ( I - X ) CLASS TELUGU MEDIUM ENGLISH MEDIUM URDU MEDIUM HINDI MEDIUM MDM, COOKING COST & INGREDIENTS RMSA SCHOOL IMPROVEMRNT PLAN 2016-17 UDISE DCF2015-16 Sample form INFORMATION ABOUT INCOMTAX 2015-16 IN TELUGU Norms for Rationalisation AAS PAY SCALES AS PER PRC--2015, QUALIFICATIONS INCOME TAX 2015-16 BY KSS PRASAD (9th -DEC) Work Adjustment PS/UPS/HS - Schools Staff patterns DEC 2015 APOSS coordinators notification , norms, Application - Guntur dt. అంతర్ జిల్లా బదిలీలకు మార్గదర్శకాలు DEPARTMENTAL TESTS –NOVEMBER, 2015 ,REVISEDTIME TABLE SECONDARY SCHOOLS TIME TABLE NMMS 2015 ONLINE APPLICATION/// NMMS INSRUCTIONS Best Teacher Awards 2015-Guntur Dt.. AP DEPTL TEST AUG 2015 RESULTS Radio Lesson feed back Proformats AP DEPTL TEST AUG 2015 RESULTS Radio Lesson feed back Proformats Guntur dt, RationalisationFORM A ,B proposed Schools list Readyness Programme Observation Sheet.

Copy the BEST Traders and Make Money : http://bit.ly/fxzulu
DOWNLOAD DIGITAL TEXT BOOKS ( I - X ) CLASS TELUGU MEDIUM ENGLISH MEDIUM URDU MEDIUM HINDI MEDIUM MDM, COOKING COST & INGREDIENTS RMSA SCHOOL IMPROVEMRNT PLAN 2016-17 UDISE DCF2015-16 Sample form INFORMATION ABOUT INCOMTAX 2015-16 IN TELUGU Norms for Rationalisation AAS PAY SCALES AS PER PRC--2015, QUALIFICATIONS INCOME TAX 2015-16 BY KSS PRASAD (9th -DEC) Work Adjustment PS/UPS/HS - Schools Staff patterns DEC 2015 APOSS coordinators notification , norms, Application - Guntur dt. అంతర్ జిల్లా బదిలీలకు మార్గదర్శకాలు DEPARTMENTAL TESTS –NOVEMBER, 2015 ,REVISEDTIME TABLE SECONDARY SCHOOLS TIME TABLE NMMS 2015 ONLINE APPLICATION/// NMMS INSRUCTIONS Best Teacher Awards 2015-Guntur Dt.. AP DEPTL TEST AUG 2015 RESULTS Radio Lesson feed back Proformats AP DEPTL TEST AUG 2015 RESULTS Radio Lesson feed back Proformats Guntur dt, RationalisationFORM A ,B proposed Schools list Readyness Programme Observation Sheet.

Copy the BEST Traders and Make Money : http://bit.ly/fxzulu

Important Sites