Inter-Sector Shifting (ISS) and Exit Requests for Government Sector Subscribers under NPS – Mandatory Source Nodal Office Authorization: PFRDA Circular dated 10.10.2025
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
Circular
Circular No: PFRDA/2025/15/SUP-CRA/1
Date:10th Oct 2025
To
All Govt Nodal Offices, Points of Presence, Central Recordkeeping Agencies and
Subscribers under NPS
Subject: Mandatory Source Nodal Office Authorization for Inter-Sector Shifting (ISS) and Exit Requests for Government Sector Subscribers-reg
This is in reference to PFRDA Circular No: PFRDA/2022/39/SUP-CRA/14 dated 22.12.2022 which states that authorization of Inter Sector Shifting (ISS) requests by the source Nodal Office is not required after retirement/superannuation in the Government Sector and PSU/PSB Corporate Subscriber segments.
2. To ensure robust control and oversight in the processing of subscriber exit and sector shifting requests, it has been decided that source Nodal Office authorization shall be mandatory in all cases of cessation of relationship between the subscriber and the Government/Government employer, including inter-sector shifting.
3. This requirement shall apply uniformly across all segments within the Government sector, including Central and State Governments, and government-owned entities registered as corporates, irrespective of the subscriber’s date of retirement or superannuation.
4. Accordingly, the relevant provision under PFRDA_ Circular No: PFRDA/2022/39/SUP-CRA/14 dated 22.12.2022, which exempted such authorization post-superannuation, stands modified to reflect the revised procedure.
5. PoPs servicing employees of PSUs / PSBs / any entity under the ownership and control of Government, under NPS Corporate Sector Model shall ensure that any request of such subscriber leading to cessation of relationship between subscriber and the concerned PSU/PSB (i.e. any kind of Exit or ISS) shall be processed only with due consent from the concerned employer, by obtaining appropriate documentation/communication confirming such cessation of employment.
6. This circular shall be effective immediately.
Yours sincerely,
Digitally Sd/-
Ashish Kumar Bharti
Chief General Manager
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