Tier II account under NPS: Clarification on Third Party Contribution by PFRDA

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Tier II account under NPS: Clarification on Third Party Contribution by PFRDA

Tier II account under NPS: Clarification on Third Party Contribution by PFRDA PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY Circular Circular N

Revised charge structure of POPs under NPS for Private Sector subscribers
Change in Investment Guidelines for NPS Schemes and other pension schemes administered by PFRDA
PFRDA Circular regarding enhanced Govt Contribution from 10% to 14% under NPS i.r.o. CABs

Tier II account under NPS: Clarification on Third Party Contribution by PFRDA

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

Circular

Circular No.: PFRDA/2021/35/PD/1

Date: 16th August 2021

To
All stakeholders

Subject: Clarification – Third party contributions in Tier II account under NPS

With reference to PFRDA circular PFRDA/2017/3/PD/1 dated 13th January, 2017 on ‘Discontinuance of acceptance of any third-party contributions in Tier II account under NPS’, it is clarified that alike in Government sector, the subscribers / employees under NPS Corporate Sector having an arrangement with respective employer, can contribute to their Tier II account by way of salary deductions.

(Mono Phukon)
Chief General Manager

PFRDA – Discontinuance of Acceptance of any third party contribution in Tier II account under NPS

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