Interest in case of delayed remittance of NPS Contribution to PFRDA: CGA, DoE, FinMin O.M. for strict adherence of timeline dated 10.07.2026
TA-3-07001/2/2021-TA-CGA /cs-5365/241
Ministry of Finance
Controller General of Accounts
Department of Expenditure
Mahalekha Niyantrak Bhawan
‘E’ Block, GPO Complex,
INA, New Delhi — 110023
Dated: 10 July 2026
OFFICE MEMORANDUM
Subject: Interest in case of delayed remittance of NPS Contribution to PFRDA- Reg.
It has come to the notice of this office that the remittance of NPS contribution to PFRDA are being delayed in many cases due to varied reasons. In this regard, attention is invited to the provisions of CCS (Implementation of NPS) Rules, which provides strict timelines for remittance of NPS contributions and further provides for levying of interest in case of delayed remittance beyond the stipulated timelines. Rules also provide for fixing of accountability for such delay by the respective Head of the Departments. The related extant provisions of the CCS (implementation of NPS) Rules are as under:
2 . Rule 4(10) states that “In a case where the process of registration of the Government servant in the National Pension System has not been completed before the date of drawal of the salary for the first month or any subsequent month, such salary or salaries shall be paid to the Government servant after withholding the amount of contribution as determined in accordance with rule 6. The amount of the contribution withheld from the salary as well as the amount of interest payable under rule 8 shall be credited to the Individual Pension Account of the Government servant as soon as the process of generation of Permanent Retirement Account Number of Government servant in the National Pension System is completed by the Central Recordkeeping Agency and communicated to the Pay and Accounts Officer or Cheque Drawing and Disbursing Officer.”
3. Rule 8(1)(iii) states that “crediting of the monthly contributions by the Government to the Individual Pension Account of the Subscriber beyond the time limit prescribed in rule 7, the amount of contribution may be credited to the Individual Pension Account of the Subscriber along with interest for the delayed period. The interest shall be credited to the Individual Pension Account of the employee within a period of thirty days of the crediting of the amount of contribution. The rate of interest for this purpose would be the rate of interest, as decided by the Government from time to time, for the Public Provident Fund deposits.”
4. Rule 8(2)(i) states that “Every case of delay in registration of the Subscriber in the National Pension System or commencement of contributions under rule 4 or deduction and crediting of monthly contribution of the Subscriber under rule 6 or crediting of monthly contribution by the Government in the Individual Pension Account of the Subscriber under rule 7 shall be examined by the Head of Department or Chief Controller of Accounts for fixation of responsibility.”
(ii) If the Head of Department or Chief Controller of Accounts is satisfied that the delay is caused on account of administrative lapse, the delinquent official or officials shall be liable to pay the amount of pecuniary loss to the Government on account of payment of interest.
(iii) The responsibility and the amount of liability on the part of the delinquent official or officials shall be determined in the same manner as in the case of delayed deduction or remittance of Tax Deduction at Source under Section 201(IA) of the Income-tax Act, 1961. This will be without prejudice to any disciplinary action which the disciplinary authority may propose to take against the official or officials responsible for the administrative lapse in this respect.
5. In view of the above mentioned provisions stipulated under CCS (Implementation of NPS) Rules, all the offices are advised to strictly adhere to the prescribed timelines for remittance of NPS Subscription. Concerned Head of the Departments are also advised to ensure strict compliance of the provisions in terms of para 8(2) of the said rules and take appropriate actions, wherever required.
6. It has also been observed that amounts are lying under the head 8342-117. All the Pr. CCAs/CCAs/CAs are requested to ensure that the amount lying under this head is in terms of this Office Memorandum TA-3-6/3/2020-TA-II/cs-4308 dated 22.04.2022 and DoPT OM dated 14.10.2024 (copy enclosed) No other amount shall remain under this head.
7. A detailed report on the actions taken in this regard till date may be provided in this office by 315 July 2026.
This issues with the approval of the competent authority.
Sd/-
(Sanchita Shukla)
Joint Controller General of Accounts
COMMENTS