Review of progress of NPS (National Pension System) Implementation
Source: http://kvsangathan.nic.in/GeneralDocuments/ANN-03-02-15.PDf
KENDRIYA VIDYALAYA SANGATHAN
18, Institutional Area, Shaheed feet Singh Marg,
New Delhi-110 016 (India)
Tel.:91-11-26855532,Fax : 91-11-26514179, 26565536
E-mail:addl.com.admn@ gmail.com ,
Website : www.kvsangathan.nic.in
F.No.110126125/2012/KVS-NPS/PF/75-107
Dated: 03.02.2015
To,
Deputy Commissioner/Director,
Kendriya Vidyalaya Sangathan,
All Regional Offices / ZIETs
Subject: Review of progress of NPS (National Pension System) implementation.
I am to inform that the Pension Fund Regulatory and Development
Authority (PFRDA), New Delhi organised a review meeting on NPS (National
Pension System) on 15th January 2015 from 10.30 A.M. to 12.30 P.M.. The
following points were discussed in the above meeting:
(a) Subscriber coverage – It is intimated that all the employees
who join in service on or after 01.01.2004 will come under New Pension
System as per the policy of the Government. They also advised that as
and when a candidate joins the service, the process for joining in NPS
is to be completed immediately & efforts are to be made to enhance
subscriber’s awareness by distributing brochures, updating S2 Form,
issuing statement of transactions and redressing grievances in February
2015.
(b) Delay in uploading/remitting contributions – PFRDA took serious
note for delays in uploading or remitting contributions. As per
existing policy NPS contribution (Own and management share) is to be
uploaded by 5th of month vide Min. Of Fin. Deptt of Expenditure, New
Delhi 0.M No following 1(7)(2003/TA/Part File/279) dt 02.09.2008. The
delay in this matter will have serious consequences. Statutory penal
provisions may also be enacted soon. So appropriate priority and extra
attention is to be given.
(c) Confirmation of uploading legacy amount – The legacy amount is
to be uploaded immediately and necessary confirmation to be obtained
from the Pay & Accounts Office so that no legacy amount is left
pending for uploading.
(d) Resolution of pending grievances under CGMS (Centralized
Grievance Management System) – The grievances pending with PAO are to be
resolved immediately. The delay in this matter will not be tolerated.
(e) Nomination details for subscribers — PFRDA advised that all
the subscribers should provide the nomination details in the S2 form.
Once the nomination details are provided by the subscribers, these
details can be updated in the CRA system. This facility has been
extended to subscriber also i.e. subscriber can himself revise
nomination, address and mobile number.
(f) Refund of NPS contribution — PFRDA advised that employee’s
contribution with management contribution along with interest up to the
date of settlement may be returned to the official who has tendered
resignation/expired while in service if their contribution is lying with
office. And amount may be transferred to the concerned organization
where the official is presently working in case of technical
resignation. In this regard it is relevant to comply KVS(HQ) letter
No.1101260125/2010/KVS/NRDCPS/Allot/PPAN/PF/1159-1232 dated 29.12.2010.
(g) Assessment of the performance of KVS in the field of NPS
reveals that much more priority and attention is required by your
Regional Office/ZIETs to achieve the ideal target of 100% uploading in
time and zero grievances. In view of this it is advised to earmark one
staff and one computer with Internet facility for the same at RO level
and monitor the same personally and ensure regular compliance,
positively, to avoid penal consequences.
(h) Please sensitize your office and all KVs under your control in
this matter and a report be sent to the undersigned by 28.02.2015.
Yours sincerely
Sd/-
G.K. Srivastava, I.A.S
Addl. Commissioner (Admn. & Vig.)
Source: http://kvsangathan.nic.in/GeneralDocuments/ANN-03-02-15.PDf