Tuesday, September 17, 2019

NPS - Progress of National Pension System by Railway Board Minutes of meetings

NPS

NPS - Progress of National Pension System by Railway Board Minutes of meetings

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
RBA No. 82/2019
No. 2018/AC-II/21/3
New Delhi, dated: 12.09.2019
PFAs and PCPOs,
All Indian Railways and PUs
Sub: Minutes of meeting of Board (FC & MS) with Dy. CAOs and Dy. CPOs of all Zonal Railways and Production Units held on 04.09.2019 and 05.09.2019 in Board's office.
Minutes of the meeting held on 4th and 5th September, 2019 in Railway Board's office is enclosed for in formation and necessary action.
DA: As above
(Anjali Goyal)
Pr. Executive Director/ Accounts
Railway Board
Also check: Minutes of meeting of Railway Board with PFAs and PCPOs: NPS and Pension Revision Issues

Minutes of meeting of Board (FC & MS) with Dy. CAOs and Dy. CPOs of all Zonal Railways and Production Units held on 04.09.2019 and 05.09.2019 in Board’s office

Significant debates and resolution

NPS contribution being deducted from salary without PRAN:
As per information obtained from IPAS, there were 1024 employees without PRAN from whom NPS deductions were made from salary in the month of July, 2019. Of these, 415 cases were in SCR, 404 cases in SWR and 119 cases in CR. This implies that the NPS recoveries in these cases would lie in the suspense and will lead to loss of interest to subscribers, which will have to be borne by the Railways. This position is available to the Railways
Action:
  • PED/A desired that IPAS exception reports should be viewed and acted upon by all Railways
  • All these cases may be reviewed, PRAN generated at the earliest, subscription remitted to the Trustee Bank forthwith.

Number of PRANs without Nomination and Mobile details

There are 35025 PRANs with nomination details and 44553 PRANS without Mobile No. Non-availability of Nomination details will delay settlement in case of Death of a Subscriber.
Action:
  • Mobile number has been made mandatory in CSR Form. For old cases, DDO/ PAO should insist on providing the same with the help of WLI. Subscribers should be educated about importance of having nomination and mobile no. in their PRANs.
  • Nomination and Mobile no. should be collected from every subscriber and updated immediately.
  • As a onetime effort, the Mobile numbers and email ids of these subscribers can be forwarded to NSDL for back end updation.
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Subscriber Coverage:

There is substantial gap in no. of registered subscribers and those receiving credits viz. ECR - 83.06%, NR - 87.56% and NER and SCR 89%.
Action:
  • DDOs/ PAOs should ensure all the registered subscribers are receiving regular contribution credits
  • SCFs uploaded should get matched and booked in the CRA system. Cancelled SCFs need to be re-uploaded on time.
  • The regular monthly contributions should be uploaded as “regular” and arrear contributions as “arrear”.

Withdrawal requests pending for purchase of annuity

There are 634 cases where the subscriber has not chosen the Pension plan.
Action:
  • Employees that have exited should be asked to make the option.
    Necessary informatory Youtube videos about the various pension plans are available.
  • Links of these videos are at Annexure -2. Railways/Units may arrange to broadcast these for the benefit of the subscriber/retirees.
  • NSDL offered training session for subscribers as well as Railway officals (Accounts & Personnel), on various aspects of NPS. Request for the same can be sent to NSDL under intimation to Railway Board For any queries/ assistance, PAOs may send an email to npsclaimassist@nsdl.co.in.

STATUS OF PENDING PENSION/FAMILY PENSION under NPS

  • Railway Board had directed Railways to send information on pending cases of pension and family pension in MCDO to FC. The information in not forthcoming from all the Railways. Submission of this information may kindly be ensured.
  • Further, it is noticed that several requests for family pension by family members of deceased NPS subscribers are pending on Railways mainly for want of documents from beneficiaries. This issue is being raised by Union/Federations and also by the beneficiaries in various forums.
  • Complaints are also received regarding non-revision of NPS pension as per recommendation of 7th CPC
  • Railways may review the pending position and ensure clearance thereof in a time bound manner.

Conclusion:

All Railways will ensure necessary action on the deficiencies discussed above and send an action taken report by 15th Oct., 2019 under signature of FA&CAO in charge of NPS.

Source: Indian railways

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