PFRDA, FINANCE MINISTRY AND RAILWAY BOARD ORDERS ON
ADDITIONAL BENEFITS ON DEATH / DISABILITY OF GOVERNMENT SERVANTS COVERED
BY NATIONAL PENSION SYSTEM…
All Indian Railways/Production Units/RDSO.
(As per mailing list)
Subject: Additional benefit on death/disability of Government servant covered by New Pension System- clarification regarding.
A copy each of the Ministry of Finance, Department of Financial Services O.M.No.11/23/2013-PR dated 21.05.2014 and the Pension Fund Regulatory and Development Authority (PFRDA)’s letter No.PFRDA/24/FXIT/10 dated 22.08.2014 is enclosed for information and compliance. These instructions shall apply mutatis mutandis on the Railways also.
2. The Department of Pension & Pensioners’ Welfare (DOP&PW)’s O.M. dated 05.05.2009 and the PFRDA’s circular No.PFRDA/2013/2/PDEX/2 dated 22.01.2013 mentioned in the Ministry of Finance’s O.M dated 21.05.2014 were circulated to the Zonal Railways vide Board’s letter No. 2008/AC-II/21/19 dated 29.05.2009 and letter No. 2010/AC-II/21/18 dated 02.07.2013 respectively.
3. Please acknowledge receipt.
Additional benefits on death/ disability of Government servant covered by National Pension System (NPS) – Clarifciation –reg.
Subject: Additional benefits on death/ disability of Government servant covered by National Pension System (NPS) – Clarifciation –reg.
The undersigned is directed to refer to Railway Board, Ministry of Railways OM No. 2012/F(E)III/1/4 dated 14th January 2013 on the subject above and to say that the comments of this Department on the Ministry of Railways’ reservations as under Para 3 of above OM, are as under:
“The PFRDA’s clarification that the benefits granted vide the Department of Pension & Pensioners’ Welfare (DPPW) O.M. dated 05.05.2009 are over and above the benefits admissible under National Pension System (NPS), needs to be modified to the extent that the employee or the legal heirs of the employees, who wish to opt for pension or family pension as per the DPPW order, can not avail of two pension related benefits under the NPS and CCS (Pension) Rules, 1972 simultaneously.”
2. For any further clarification on the DPPW OM dated 05th May 2009, Ministry of Railways may kindly get in touch with the DPPW itself.
3. This issues with approval of Joint Secretary, Department of Financial services, Ministry of Finance.
General Manager
PFRDA/24/EXIT/10
Deputy Director Finance (Estt.)III,
Railway Board,
Ministry of Railways,
Rail Bhawan, New Delhi-01
Subject: Additional Benefits on death/disability of Government servant covered by NPS
Dear Sir,
This has reference letter No. 2012/F-E/ (III)/1/14 dt. 30th June, reference the OM No. 11.23/2013 dt. 21st May, 2013 with respect to Railway Board, Ministry of Railways OM No. 2012/F(E)III/1/4 dated 14th January 2013 on the subject cited above.
In this regard, we wish to inform you that we have included the same in our proposed Exit Regulations and which shall ensure that in case if the government or government authority or entity registered as government sector (as employer) under the NPS with the central record keeping agency (CRA) provides any additional relief or benefit to the family members of a deceased NPS subscriber/subscriber due to any ground like invalidation leading to loss of employment in lieu of the benefits available under National Pension System, the claimants to the accumulated pension wealth of the deceased subscriber/subscriber would be free to avail such benefits subject to the condition that they specifically agree and undertake to transfer the accumulated pension wealth to the Government dept unconditionally’.
We have already provided this information to Department of Financial Services (DFS), vide letter no. PFRDA/24/10/E-82, dt. 1st July 2014, copy of which is enclosed herewith for your information.
Additional
benefit on death/disability of Government Servants covered by New
Pension Scheme – Clarification regarding RBE 96/2014
RBE No.96/2014
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No. 2012/F(E)III/1(1)/4MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
New Delhi, Dated 8.9.2014
The GMs/FA&CAOs,All Indian Railways/Production Units/RDSO.
(As per mailing list)
Subject: Additional benefit on death/disability of Government servant covered by New Pension System- clarification regarding.
A copy each of the Ministry of Finance, Department of Financial Services O.M.No.11/23/2013-PR dated 21.05.2014 and the Pension Fund Regulatory and Development Authority (PFRDA)’s letter No.PFRDA/24/FXIT/10 dated 22.08.2014 is enclosed for information and compliance. These instructions shall apply mutatis mutandis on the Railways also.
2. The Department of Pension & Pensioners’ Welfare (DOP&PW)’s O.M. dated 05.05.2009 and the PFRDA’s circular No.PFRDA/2013/2/PDEX/2 dated 22.01.2013 mentioned in the Ministry of Finance’s O.M dated 21.05.2014 were circulated to the Zonal Railways vide Board’s letter No. 2008/AC-II/21/19 dated 29.05.2009 and letter No. 2010/AC-II/21/18 dated 02.07.2013 respectively.
3. Please acknowledge receipt.
(Amitabh Joshi)
Deputy Director Finance (Estt.)III,
Railway Board.
Deputy Director Finance (Estt.)III,
Railway Board.
Finance Ministry Orders :
No.11/23/2013-PR
Government of India
Ministry of Finance
Department of Financial Services
Government of India
Ministry of Finance
Department of Financial Services
Jeevan Deep Building, Parliament Street,
New Delhi, dated 21st May, 2014
New Delhi, dated 21st May, 2014
Office Memorandum
Subject: Additional benefits on death/ disability of Government servant covered by National Pension System (NPS) – Clarifciation –reg.
The undersigned is directed to refer to Railway Board, Ministry of Railways OM No. 2012/F(E)III/1/4 dated 14th January 2013 on the subject above and to say that the comments of this Department on the Ministry of Railways’ reservations as under Para 3 of above OM, are as under:
“The PFRDA’s clarification that the benefits granted vide the Department of Pension & Pensioners’ Welfare (DPPW) O.M. dated 05.05.2009 are over and above the benefits admissible under National Pension System (NPS), needs to be modified to the extent that the employee or the legal heirs of the employees, who wish to opt for pension or family pension as per the DPPW order, can not avail of two pension related benefits under the NPS and CCS (Pension) Rules, 1972 simultaneously.”
2. For any further clarification on the DPPW OM dated 05th May 2009, Ministry of Railways may kindly get in touch with the DPPW itself.
3. This issues with approval of Joint Secretary, Department of Financial services, Ministry of Finance.
(Surinder Kaur)
Under Secretary to the Government of India
Under Secretary to the Government of India
Orders issued by PFRDA :
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
1st Floor, ICADR Building, Plot No. 6,
Vasant Kunj Institutional Area,
Phase – II, New Delhi – 110070
VENKATESWARLU PERI1st Floor, ICADR Building, Plot No. 6,
Vasant Kunj Institutional Area,
Phase – II, New Delhi – 110070
General Manager
PFRDA/24/EXIT/10
22nd Aug, 2014
Mr. Amitabh JoshiDeputy Director Finance (Estt.)III,
Railway Board,
Ministry of Railways,
Rail Bhawan, New Delhi-01
Subject: Additional Benefits on death/disability of Government servant covered by NPS
Dear Sir,
This has reference letter No. 2012/F-E/ (III)/1/14 dt. 30th June, reference the OM No. 11.23/2013 dt. 21st May, 2013 with respect to Railway Board, Ministry of Railways OM No. 2012/F(E)III/1/4 dated 14th January 2013 on the subject cited above.
In this regard, we wish to inform you that we have included the same in our proposed Exit Regulations and which shall ensure that in case if the government or government authority or entity registered as government sector (as employer) under the NPS with the central record keeping agency (CRA) provides any additional relief or benefit to the family members of a deceased NPS subscriber/subscriber due to any ground like invalidation leading to loss of employment in lieu of the benefits available under National Pension System, the claimants to the accumulated pension wealth of the deceased subscriber/subscriber would be free to avail such benefits subject to the condition that they specifically agree and undertake to transfer the accumulated pension wealth to the Government dept unconditionally’.
We have already provided this information to Department of Financial Services (DFS), vide letter no. PFRDA/24/10/E-82, dt. 1st July 2014, copy of which is enclosed herewith for your information.
Yours faithfully,
sd/-
Venkateswarlu Peri
Source: NFIRsd/-
Venkateswarlu Peri
0 comments:
Post a Comment