Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber - Indian Military Veterans

WATCH THIS BLOG REGULARLY FOR LATEST NEWS ON ONE RANK ONE PENSION & OTHER SERVICE BENEFITS RELATING TO EX-SERVICE PENSIONERS,CENTRAL GOVT PENSIONERS,LIC/GIC PENSIONERS* A UNIQUE BLOG WITH MORE THAN 1 CRORE VIEWERS & 700 FOLLOWERS #

FlashFLASH**** UNION CABINET APPROVED OROP REVISION FROM 01/07/2019 & ARREARES WILL BE PAID IN FOUR INSTALLMENTS**** New ***** *UNION CABINET APPROVED OROP REVISION FROM 01/07/2019 & ARREARES WILL BE PAID IN FOUR INSTALLMENTS
  • New











    .




  • -----------------------------------------------








    Veterans Welfare Latest News & 
    Updates on various issues 
    related to


    Tri Services Pension – SPARSH -OROP

      ECHS - CSD 


    Pay Fixation and Service/Pension Rules
    as per orders & Instructions of Govt of India.


    Purpose of this website


                 Pensioners of the Armed Forces  are different from  pensioners of  other departments of the Government of India. Some rules and regulations apply to public services. In order to sensitize them about the various rules, regulations, government programs related to ex-servicemen and the various social assistance programs for families of ex-servicemen, we refer to the government instructions on this subject. , published information on related topics. Here, we will discuss SPARSH, CSD, ECHS, OROPfamily pension, disability pension, Service pension, re-employment with life certificate and other welfare activities  to increase the awareness of beneficiaries. 

    Regards,
    KS RAMASWAMY 
    Editor

    Apr 5, 2014

    Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber

    Indian Military Veterans

    PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
     2ndApril, 2014 
    PFRDA/2013/17 /PDEX/10 

    Subject: Exit guidelines under National Pension System – Option for Complete
    withdrawal of accumulated pension wealth by subscriber

    In partial modification to circular no. PFRDA/2013/17 /PDEX/10 issued on 23rd October, the ‘request form’ is being replaced with ‘request cum undertaking’ form, as attached along with.

    The subscribers wishing to exercise this option shall have to fill the attached ‘request cum undertaking form’ along with the NPS Withdrawal form while submitting the same to their DDO/PAO/DTO/POP. The subscribers who have sent the requests earlier also need to send a fresh request on the amended form for processing of their claims.

     Sd/ 
    Venkateswarlu Peri 
    General Manager 


    REQUEST CUM UNDER TAKING FORM FOR WITHDRAWAL OF TOTAL 
    PENSION WEALTH UPON SUPERANNUATION / UPON ATTAINMENT OF 60 
    YEARS OF AGE AND WHERE THE TOTAL PENSION WEALTH IS EQUAL TO 
    OR LESS THAN RS. 200, 000/- 


    I, …………………………………………….S/D/W/O……………………………………,
    aged about ……….years, residing at……………………………………………………………………………………………………
    …………………………………., do hereby solemnly affirm and declare as under:

    1. That I am a subscriber of National Pension System, holding PRAN
    ………………..
    2. That since the total amount receivable by me as the benefit receivable upon
    exit from NPS is Rs. …………………., which is less than/equal to the limit of Rs.
    2,00,000/-, I understand that I am eligible to opt for withdrawal of the total
    pension wealth under NPS rules/guidelines,

    Basing on the above, I hereby opt to withdraw my complete pension wealth
    lying to my credit in my aforesaid PRAN account being the full and final  benefits receivable by me.

    I also understand that with the aforesaid withdrawal, I or my family members  shall not be entitled to receive any other or further benefits under the National Pension System (NPS) including the benefits as provided under Government of  India notification dt. 22nd Dec, 2003.

    Date:

    Place: Signature of the Subscriber

    Attested by:

    Signature of the PAO/DDO/DTO/POP : …………………………………………………
    Name of the designated Official: ……………………………………………………………
    PAO/DDO/DTO/POP Registration Number …………………………………………..
    Rubber Stamp of the
    PAO/DDO/DTO/POP

    Source:http://www.pfrda.org.in/writereaddata/linkimages/ModifiedCircular2.pdf

    No comments:

    Post a Comment

    Indian Military Veterans Viewers, ..

    Each of you is part of the Indian Military Veterans message.
    We kindly request you to make healthy use of this section which welcomes the freedom of expression of the readers.

    Note:

    1. The comments posted here are the readers' own comments. Veterans news is not responsible for this in any way.
    2. The Academic Committee has the full right to reject, reduce or censor opinion.
    3. Personal attacks, rude words, comments that are not relevant to the work will be removed
    4. We kindly ask you to post a comment using their name and the correct email address.

    - INDIAN MILITARY VETERANS- ADMIN

    Sponsor

    LATEST NEWS

    Post Top Ad