New Pension scheme: On-boarding through Online PRAN Generation Module – PFRDA extend the timeline PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
New Pension scheme: On-boarding through Online PRAN Generation Module – PFRDA extend the timeline
PENSION FUND REGULATORY
AND DEVELOPMENT AUTHORITY
B-14/A, Chhatrapati Shivaji Bhawan,
Qutub Institutional Area, Katwaria Sarai, New Delhi-110016
CIR No: PFRDA/2021/8/SUP-CRA/7
Date: April 09, 2021
All NPS Stake Holders
Subject : NPS On-boarding through Online PRAN Generation Module (OPGM)
This has reference to Circulars issued by PFRDA on the captioned subject, nos. PFRDA/2020/9/SUP-CRA/2 dated 13.04.2020, PFRDA/2020/11/SUP-CRA/4 dated 20.04.2020, PFRDA/2020/29/SUP-CRA/12 dated 30.06.2020, PFRDA/2020/43/SUP-CRA/16 dated 01.10.2020 and PFRDA/2021/1/SUP-CRA/1 dated 31.12.2020 whereby the timelines of OPGM without photo and signature was extended upto 31st March 2021.
2. Based on requests received from several POPs, which are still in the process of developing system level features complying with the above circulars , it has been decided by PFRDA to further extend the time lines for opening new accounts by POPs without photo and signature till 30th April 2021. It may be noted that no further extension would be granted by the Authority in this regard.
3. This Circular issued under Sec 14 of Pension Fund Regulatory and Development Authority Act 2013 is placed in the CRA section of intermediaries and also under the Circular sub section of Regulatory framework section of PFRDA website.
(K Mohan Gandhi)