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Reliance Capital Pension's registration under NPS cancelled: PFRDA

Tuesday, November 19, 2019, 3:00 PM

The registration of Reliance Capital Pension Fund under the government's National Pension Scheme (NPS) has been cancelled following a request by the company, sector regulator PFRDA said in a notice. With this, the pension fund is no longer available for subscription under NPS, said the Pension Fund Regulatory and Development Authority of India (PFRDA).
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Now, Overseas Citizens of India can invest in NPS

Wednesday, October 30, 2019, 3:48 PM

Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System at par with NRIs, the government said on Wednesday. The Pension Fund Regulatory and Development Authority (PFRDA) has now permitted Overseas Citizen of India to enrol in NPS at par with non-resident Indians (NRIs) vide circular dated October 29, the Finance Ministry said in a release.
 
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Centre's contribution to NPS hiked to 14% of basic salary

Monday, December 10, 2018, 8:04 PM

In a bid to make retirement income scheme more attractive for central government employees, the government has agreed to chip in a higher 14 per cent of the basic salary of an individual as its contribution to the National Pension System (NPS), a top source said. The move would benefit over 36L central government employees. However, in 2009, it was opened to all sections.

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