Saturday, 4 March 2017

Saturday, March 4, 2017

POST OFFICES AS REGISTRATION CENTERS FOR UNEMPLOYED YOUTH - DIRECTORATE LETTER

Extension of scope of Department of Pension and Pensioners Welfare OM regarding simplification of pension process for permanently disabled children/siblings and dependent parents to All India Service officers/pensioners - reg.( Click the link below to view)

A VIEW OF CENTRAL WORKING COMMITTEE MEETING OF    R-III HELD AT KANPUR (U.P) FROM 02-03-2017 TO 03-03-2017

























FELICITATION OF COM. R.K. GUPTA WORKING PRESIDENT R-III CHQ AND CIRCLE SECRETARY R-III U.P. CIRCLE

Cancellation of recognition to BPEU

Friday, March 3, 2017


CLARIFICATION REGARDING TIMELY PAYMENT OF GPF FINAL PAYMENT TO THE RETIRING GOVERNMENT SERVANT – REGARDING (DOP ORDERS). (Click the link to view)

GUIDELINES FOR POSTING IN POST OFFICE PASSPORT SEVA KENDRA (POPSKS)
                                                 

FURNISHING OF AADHAR MANDATORY FOR FINAL SETTLEMENT OF PENSION CLAIMS
Ministry of Labour & Employment
Press Information Bureau,
Government of India
02-March, 2017
            The EPFO has clarified that obtaining of Aadhaar should be mandatory for the time being only for final settlement of Pension and not in withdrawl cases. The EPFO had extended the date of submission of Aadhaar Number authentication by the members of Employees ‘Pension Scheme 1995 upto 31st March 2017.
            However, news item appearing in few dailies suggested that Aadhaar is not required in settlement of pension claims. Accordingly, the EPFO reiterated that the requirement of submitting Aadhaar is not insisted for the time being only in withdrawal benefit cases under Employees Pension Scheme, 1995. Furnishing of Aadhaar is still mandatory for final settlement of pension and scheme certificate cases.
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BCK/AK  (RELEASE ID :158784) PIB 02.03.2017
16th MARCH 2017 ONE DAY STRIKE CAMPAIGN MEETING AT KANPUR (UP) ON 02.03.2017




NPS SUBSCRIBERS ARE ALLOWED MULTIPLE CHOICE
TO CHANGE INVESTMENT OPTION
PENSION FUND REGULATORY
AND DEVELOPMENT AUTHORITY
g-14/A. Chhatrapati Shivaji Bhawan
Qutab Institutional Area.
Katwaria sarai. New Delhi-110016
CIRCULAR
PFRDA/2017/8/PD/2
01 March 2017
To
            All Stakeholders in the National Pension System
Subiect: Allowing multiple choice to the subscribers/corporates to change Investment Option and Asset Allocation Ratio during the Financial Year
1.         As per the extant guidelines, subscriber can change his/her existing Pension Fund the investment option(Active or Auto choice) as well as asset allocation ratio (allocation among asset class-Equity/Corporate Bonds/Government securities/ Alternative investment ) once in a financial year. This scheme preference is applicable to the existing pension corpus as well as to the prospective subscriptions. Similarly in the NPS-Corporate Model where the choice of Pension Fund and Investment Options is exercised at Corporate level. the Corporates also have the option to change the pension fund and investment option and also asset allocation ratio once in a financial year,
2.         In order to provide more choices in terms of investment option and asset allocation, the following has been decided:
(i)         The subscribers/corporates will have the choice for change of the investment option (Active or Auto choice) as well as asset allocation ratio (allocation among asset class-Equity/Corporate Bonds/Government Securities/ Alternative Investment) two times in a financial year.
            This scheme preference will be applicable to the existing pension corpus as well as to the prospective subscriptions, The option will be available separately for Tier I and Tier accounts,
(ii)        The choice Of change Of pension Fund shall remain once in a financial year.
4.         The changes will come into effect from 01st April 2017.
Yours faithfully
(AkhleSh Kumar)
Deputy General Manager

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