NPS ( CPF ), PRAN card Useful Info.

NPS ( CPF ), PRAN card Useful Info.

NPS ( CPF ), PRAN card Useful Info. USEFULL TO ALL EMPLOYEE FORM AND GUIDELINES FOR NSDL, NPS, PRAN CARD


Subject: Reactivation of frozen PRANS where 20% of the
accumulated pension corpus has been withdrawn as lump sum but subscriber
subsequently reemployed in establishments covered under NPS 

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The Pension Fund
Regulatory and Development Authority has been receiving requests from
government employees subscribing to NPS who had 
on premature leaving / change of employment discontinued their NPS
accounts and, in some cases, had aiso withdrawn the lump sum amount as applicable
under the Exit under NPS Regulations, to reactivate the PRAN account / open a
new PRAN on reemployment/reinstalment in establishments which  are covered under the NPS.  

In some cases subscribers had withdrawn 20%
lump sum amount in their PRANS which were later deactivated.  Later they got new PRANS generated due to
fresh employment, which also got deactivated as these being duplicate
PRANS.  Thus, in such a scenario the
subscriber could not use either the previous PRAN or the new PRAN.


NPS ( CPF ), PRAN card Useful Info.

In this context it may be clarified that PRAN is unique and
portable across locations and employment. 
The same PRAN should continue throughout the working tenure of the
employee / subscriber.  As currently
applicable, the subscriber is required to intimate his previous PRAN to the
employer on joining new service The basic purpose of NPS is to provide social
security to the subscriber during their old age.  If subscribers withdraw inspite of the fact
that they can continue in the system up to their superannuation from service or
60 years of age, the very purpose of NPS is defeated

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Annual Transaction Statement on Email CLICK HERE


With a view to preserve the accumulations for pension and
alleviate the hardship during old age, all NPS subscribers are advised to
continue in the system with the same first PRAN till the subscriber attains the
age of superannuation or 60 years even if the subscriber has become
jobless.  temporarily and withdrawn 20%
from his / her PRAN.  The 20% withdrawn
amount will be considered as a special withdrawal and the same PRAN would be activated
on the employees joining a new employer and making contribution to the NPS.

NPS ( CPF ), PRAN card Useful Info.


PUBLIC NOTICE 13.01.2016 It is hereby informed to the
general public that new / fresh enrollments under NPS Lite / Swavalamban have
been stopped with effect from 1st April, 2015. However, the subscribers have
already registered under NPS – Lite / Swavalamban prior to 01.04.  2015 can continue to deposit their subsequent
contributions through their respective aggregators registered with the Pension
Fund Regulatory and Development Authority (PFRDA).  


Request For Change/Correction in Subscriber Master-Details And/Or Reissue of I-PIN/T-PIN/PRAN Card 

General public are hereby advised to exercise
due caution and not deal with or give any is contribution sums of money or
documents to any entity/individual for fresh enrollment under NPS – Lite /
Swavalamban.  PFRDA shall not be liable
for any loss suffered by any person on account of any dealings with any entity
/ individuals for fresh enrollment under NPS – Lite / Swavalamban which shall
be at their sole risk.  If any person /
entity approaches the members of the general public seeking to provide fresh /
new enrollment under the since ceased NPS Lite / Swavalamban, the same may be
reported to PERDA and also to local police authorities.

NPS ( CPF ), PRAN card Useful Info.

IMPORTANT LINK

NPS WITHDRAW IN DEATH – ALL STEP BY DETAILS AND FORM


NPS WITHDRAW FORM DONWLOAD HERE


eGPF PORTAL ONLINE GPF STATUS LINK:- CLICK HERE

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