SBI PENSION FUND SCHEME - CENTRAL GOVT - 28.3486 as on 18-04-2019 || SBI PENSION FUND SCHEME - STATE GOVT - 24.3362 as on 18-04-2019 || SBI PENSION FUND SCHEME E - TIER I - 25.9502 as on 18-04-2019 || SBI PENSION FUND SCHEME C - TIER I - 26.576 as on 18-04-2019 || SBI PENSION FUND SCHEME G - TIER I - 24.6068 as on 18-04-2019 || SBI PENSION FUND SCHEME E - TIER II - 23.9351 as on 18-04-2019 || SBI PENSION FUND SCHEME C - TIER II - 24.3302 as on 18-04-2019 || SBI PENSION FUND SCHEME G - TIER II - 23.4634 as on 18-04-2019 || NPS TRUST A/C-SBI PENSION FUNDS PRIVATE LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 23.0173 as on 18-04-2019 || SBI PENSION FUNDS PVT. LTD. SCHEME - CORPORATE-CG - 18.0814 as on 18-04-2019 || NPS TRUST - A/C SBI PENSION FUND SCHEME - ATAL PENSION YOJANA (APY) - 13.6901 as on 18-04-2019 || SBI PENSION FUND SCHEME A - TIER I - 12.0884 as on 18-04-2019 || SBI PENSION FUND SCHEME A - TIER II - 10 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME- CENTRAL GOVT - 27.4919 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME- STATE GOVT - 24.4649 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME E - TIER I - 30.4251 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME C - TIER I - 23.8471 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME G - TIER I - 22.0974 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS SCHEME E - TIER II - 24.7702 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS SCHEME C - TIER II - 22.8435 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS SCHEME G - TIER II - 22.7244 as on 18-04-2019 || NPS TRUST A/C-UTI RETIREMENT SOLUTIONS LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 22.8259 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME - CORPORATE-CG - 10 as on 18-04-2019 || NPS TRUST - A/C UTI RETIREMENT SOLUTIONS LTD. SCHEME - ATAL PENSION YOJANA (APY) - 14.0329 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME A - TIER I - 11.8599 as on 18-04-2019 || UTI RETIREMENT SOLUTIONS PENSION FUND SCHEME A - TIER II - 10 as on 18-04-2019 || LIC PENSION FUND SCHEME - CENTRAL GOVT - 27.5293 as on 18-04-2019 || LIC PENSION FUND SCHEME - STATE GOVT - 24.5575 as on 18-04-2019 || NPS TRUST A/C-LIC PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 22.7729 as on 18-04-2019 || LIC PENSION FUND LIMITED SCHEME - CORPORATE-CG - 18.0807 as on 18-04-2019 || LIC PENSION FUND SCHEME E - TIER I - 19.5384 as on 18-04-2019 || LIC PENSION FUND SCHEME C - TIER I - 17.0391 as on 18-04-2019 || LIC PENSION FUND SCHEME G - TIER I - 18.1431 as on 18-04-2019 || LIC PENSION FUND SCHEME E - TIER II - 16.3263 as on 18-04-2019 || LIC PENSION FUND SCHEME C - TIER II - 15.9147 as on 18-04-2019 || LIC PENSION FUND SCHEME G - TIER II - 18.4261 as on 18-04-2019 || NPS TRUST - A/C LIC PENSION FUND SCHEME - ATAL PENSION YOJANA (APY) - 13.9064 as on 18-04-2019 || LIC PENSION FUND SCHEME A - TIER I - 12.0316 as on 18-04-2019 || LIC PENSION FUND SCHEME A - TIER II - 10 as on 18-04-2019 || KOTAK PENSION FUND SCHEME E - TIER I - 27.5802 as on 18-04-2019 || KOTAK PENSION FUND SCHEME C - TIER I - 26.1725 as on 18-04-2019 || KOTAK PENSION FUND SCHEME G - TIER I - 22.6252 as on 18-04-2019 || KOTAK PENSION FUND SCHEME E - TIER II - 24.4397 as on 18-04-2019 || KOTAK PENSION FUND SCHEME C - TIER II - 22.5145 as on 18-04-2019 || KOTAK PENSION FUND SCHEME G - TIER II - 21.1851 as on 18-04-2019 || NPS TRUST A/C-KOTAK MAHINDRA PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 19.912 as on 18-04-2019 || KOTAK PENSION FUND SCHEME A - TIER I - 11.8117 as on 18-04-2019 || KOTAK PENSION FUND SCHEME A - TIER II - 10 as on 18-04-2019 || RELIANCE PENSION FUND SCHEME E - TIER I - 27.6071 as on 18-04-2019 || RELIANCE PENSION FUND SCHEME C - TIER I - 23.7907 as on 18-04-2019 || RELIANCE PENSION FUND SCHEME G - TIER I - 22.121 as on 18-04-2019 || RELIANCE PENSION FUND SCHEME E - TIER II - 23.6738 as on 18-04-2019 || RELIANCE PENSION FUND SCHEME C - TIER II - 22.087 as on 18-04-2019 || RELIANCE PENSION FUND SCHEME G - TIER II - 21.3847 as on 18-04-2019 || NPS TRUST A/C-RELIANCE CAPITAL PENSION FUND LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 10 as on 18-04-2019 || RELIANCE PENSION FUND SCHEME A - TIER I - 11.7595 as on 18-04-2019 || RELIANCE PENSION FUND SCHEME A - TIER II - 10 as on 18-04-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME E - TIER I - 30.2147 as on 18-04-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME C - TIER I - 26.5576 as on 18-04-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME G - TIER I - 22.7598 as on 18-04-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME E - TIER II - 23.8359 as on 18-04-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME C - TIER II - 24.6844 as on 18-04-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME G - TIER II - 21.8158 as on 18-04-2019 || NPS TRUST A/C-ICICI PRUDENTIAL PENSION FUNDS MANAGEMENT COMPANY LIMITED- NPS LITE SCHEME - GOVT. PATTERN - 10 as on 18-04-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME A - TIER I - 11.8593 as on 18-04-2019 || ICICI PRUDENTIAL PENSION FUND SCHEME A - TIER II - 10 as on 18-04-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME E - TIER I - 22.4365 as on 18-04-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME C - TIER I - 17.2692 as on 18-04-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME G - TIER I - 16.8909 as on 18-04-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME E - TIER II - 19.4139 as on 18-04-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME C - TIER II - 16.2814 as on 18-04-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME G - TIER II - 17.2848 as on 18-04-2019 || NPS TRUST A/C-HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME - NPS LITE SCHEME - GOVT. PATTERN - 10 as on 18-04-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME A - TIER I - 12.2477 as on 18-04-2019 || HDFC PENSION MANAGEMENT COMPANY LIMITED SCHEME A - TIER II - 10 as on 18-04-2019 || BIRLA SUN LIFE PENSION SCHEME E - TIER I - 12.2356 as on 18-04-2019 || BIRLA SUN LIFE PENSION SCHEME C - TIER I - 11.7226 as on 18-04-2019 || BIRLA SUN LIFE PENSION SCHEME G - TIER I - 11.3259 as on 18-04-2019 || BIRLA SUN LIFE PENSION SCHEME A - TIER I - 11.4275 as on 18-04-2019 || BIRLA SUN LIFE PENSION SCHEME E - TIER II - 12.1648 as on 18-04-2019 || BIRLA SUN LIFE PENSION SCHEME C - TIER II - 11.3935 as on 18-04-2019 || BIRLA SUN LIFE PENSION SCHEME G - TIER II - 10.9335 as on 18-04-2019 || BIRLA SUN LIFE PENSION SCHEME A - TIER II - 10 as on 18-04-2019 ||

Toll Free Number -1800-110-069 of Atal Pension Yojana                  Submission of FATCA Self Declaration                 Go Paperless Opt for an Email Annual Transaction Statement                 Proposal for streamlining the NPS by Ministry of Finance                 NPS Trust has stopped recovering its administrative charges / expenses with effect from 25/01/2019                  Voluntary Contribution in Tier I account by Govt. Sector Subscribers                 

NPS Overview

NPS is applicable to all employees joining services of Central Government including Central Autonomous Bodies (except Armed Forces) on or after 1st January 2004. Many State Governments have adopted NPS architecture and implemented NPS mandatorily through Gazette Notifications for their employees joining on or after a cut-off date.

The old pension scheme of Government of India, referred as Defined Benefit Pension System (DBPS) is based on the last pay drawn of the employee. NPS is referred as Defined Contribution Pension System (DCPS) in which the employer & employee contributes for building a pension wealth payable at the time of retirement by way of annuity/lumpsum withdrawal as per norms.

Yes. In line with the decision of GOI to introduce NPS for new entrants joining central government services on or after 1/1/2004, it has been decided vide OM 1(13)/EV/2001 Dt 13/11/2003 Department of Expenditure, Ministry of Finance that all new entrants in all Autonomous Bodies under various Central Ministries/Departments recruited on or after 1/1/2004 will also be governed by the NPS.

Department of Expenditure, Ministry of Finance , GOI vide its OM No 1(13)/EV/2008 Dt 30/1/2009 advised all Central Autonomous Bodies to submit Letter of Consent (LOC) indicating their formal commitment towards discharging their obligations under NPS through the Financial Advisors of the respective Ministries/ Departments.

Yes. The organizations are permitted to shift to NPS in respect of employees who have joined before 1/1/2004 vide OM dt 30/6/2009 No 1(2)/EV/2007 Department Of Expenditure, Ministry of Finance. Date of effect will be the date when such option is exercised by the concerned employee. The other detailed operational features are as follows:

  • The existing corpus of CPF (both employees’ and employers’) would be moved over to the trust fund accounts under NPS.
  • In order to facilitate the transition from CPF to NPS, the autonomous body would make in addition one time ex-gratia payment of 10% of the employer’s contribution for each of the employees opting to switch over to NPS.
  • Recurring monthly contribution by employee @ 10% of Basic Pay + DA and a matching contribution by the autonomous body would be payable.
  • The employer’s contribution would be payable from the month the organization/employee shifts over to NPS and would be limited to 10% of Basic Pay + DA.

The Autonomous Bodies are required to submit duly authorized ‘Letter of Consent’ to PFRDA through the Financial Advisor of the respective ministry.

Subsequently, the CAB is required to submit the physical ‘Master Creation Form (MCF)’ along with other forms to CRA i.e Form N1 for PrAO, Form N2 for PAO/ CDDO and Form N3 for DDO.

Upon receipt of the ‘Letter of Consent’ from PFRDA and above mentioned forms are found to be in order, the CAB is registered in the CRA System.

Various State Governments have adopted NPS architecture and implemented NPS with effect from different dates.

Many State Governments have adopted NPS architecture and implemented NPS for the employees of State Government as well as for the employees of Autonomous bodies, State PSUs, Corporations, Boards, if notified in their respective gazette notifications.

Various State Governments have adopted NPS architecture and implemented NPS for the employees of State Government as well as for the employees of Autonomous bodies, State PSUs, Corporations, Boards, Nigams etc. with effect from different dates.

The Autonomous Bodies are required to submit duly authorized Letter of Consent to PFRDA through the designated Nodal offices/ Ministries/ Head of Department etc. as indicated in the NPS Notification of the respective State Government.

After registration of Designated office for interaction with CRA upon submission of Master Creation Form (MCF), the oversight offices & administrative day-to-day functioning offices shall be registered on the basis of submission of physical application forms to CRA i.e. Form N1 for DTA, Form N2 for DTO and Form N3 for DDO.

  • Nodal Offices for Central Government sector/ CABs are: PrAO, PAO/CDDO& DDO
  • Nodal Offices for State Government sector/ SABs are: DTA, DTO & DDO