Joint Director Accounts and Treasuries Nagpur: NPS Corner

NPS Introduction

The Central Government had introduced the National Pension System (NPS) with effect from January 01, 2004 (except for armed forces). Pension Fund Regulatory and Development Authority (PFRDA), the regulatory body for NPS, finalised the architecture and appointed NSDL as Central Record keeping Agency (CRA) and other entities for National Pension System. Subsequently, Maharashtra State Government adopted this architecture and implemented NPS with effect from October 2015.

In NPS, a government employee contributes towards pension from monthly salary (10% of Salary) along with matching contribution from the employer (Government). The funds are then invested in earmarked investment schemes through Pension Fund Managers.

NPS Service Fortnight

State Government employees are not fully aware of the functions / facilities available under NPS including the information of their balances in NPS accounts, leading to large number of queries and grievances . But due to inappropriate and incomplete contact details PFRDA ,NSDL/ CRA could not reach subscribers and solve their issues / problems and are also unable to provided them updates.
In order to promote awareness among Subscribers regarding importance of updation of latest contact details in PRANS's and to provide basic facility on the spot NPS Service Fortnight has been declared by PFRDA (Click to view letter) for the period February 1, 2017 to February 15, 2017. In this Fortnight not only the information about new functionalities under NPS would be shared but also the Nodal Officers and Subscribers will be apprised of need of updating personal data on the systems.
With reference to above the Joint Director of the Nagpur Region will conduct workshops (Click for Workshop Schedule) for at least 5 Major Offices and underlined Treasuries are hereby instructed to personally conduct workshops in at least 10 Major DDO Offices wherein maximum subscribers can be covered and Report the regular updates regarding the same to JD Office. (Click to View Letter)

The Nodal Offices (Treasuries) are expected to address the following queries for the underlying subscribers during the NPS Service Fortnight.

1. Printing and Distribution of Subscriber Brochure for Government Subscribers.

2. Updation of Subscriber Details through S2 form

3. Conversion of Non IRA to IRA

4. Advising the Subscribers on the Benefits of having an IRA PRAN and updated details:

5. Printing of Transaction Statement

6. Updating Nomination Details

7. Resolving pending Grievances and Updating the same in CGMS

8. Resolving issues of pending exit /withdrawals under NPS

9. Missing Credits of Subscribers if any.

Documents, presentations, etc. pertaining to Nodal Offices and subscribers have been hosted at the following link https://npscra.nsdl.co.in/nps.php.

For further clarification following officials can be contacted.

Sr. no.	Name of Official	Email Id	Telephone no.
1	Mr. Abhishek Dhuri	abhishekd@nsdl.co.in	022-24994266
2	Mr. Akik Desai	akikd@nsdl.co.in	022-24994751