Refund of employee’s share with returns thereon on availing of benefits in the event of death under NPS: RBA No. 02/2026

Refund of employee’s share with returns thereon on availing of benefits under RSPR(1993) in the event of death of railway servant covered under NPS or his discharge on the ground of disablement or invalidation: Railway Board Order RBA No. 02/2026

भारत सरकार Government of India
रेल मंत्रालय Ministry of Railways
रेलवे बोर्ड (Railway Board)

RBA No.02/2026

No. 2008/AC-II/21/19/ 3520819

New Delhi, dated 17.01.2026

1.General Managers/FA&CAOs etc(As per standard List I )
2.All attached offices/Subordinate Offices ( As per standard List II)

Sub: Refund of employee’s share with returns thereon on availing of benefits under RSPR(1993) in the event of death of railway servant covered under NPS or his discharge on the ground of disablement or invalidation

Ref:- (1) Board’s letter No. 2024 /F(E)III/NPS1/5 dated 26.03.2025 (RBE No. 23/2025)
(2) DoPPW, Government of India O.M. No. 57/06/2021-P&PW (B) dtd. 14.10.2024

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Please connect Board’s letter cited vide ref(1) above on the subject wherein it has been brought out that the instructions regarding accounting procedure pertaining to these provisions as brought in Annexure A of DoPPW’s O.M. under ref(2) shall be issued separately.

A. In this regard the key procedural aspects as brought out in Annexure A of DoPPW’s O.M. No 57/06/2021-P&PW (B) dtd. 14.10.2024 are as follows :

1. 1. The Head of the Office/DDO shall work out the bifurcation of amount (employee’s Contribution and return thereon) in confirmation with the service record of the employee, the copy of challan indicating details of NPS accumulated credited into Government Account and other details of employees viz., PRAN , Period of Contribution, date of invalidation or death of employee etc.
2. DDO shall ensure that details of NPS accumulations so suggested by him tallies with the details provided by NSDL or match with Government records prior to constitution of PFRDA. The amount also needs to be reconciled with the figures available with the PAO.
3. The interest on bifurcation amount (i.e. employee’s contributions and return on employee’s contribution) till proposed date of payment of accumulated fund shall be calculated by the DDO of the employees concerned.
4. The calculation of interest will be verified by the PAO concerned in the form of an authority.
5. After calculating the interest and got verified from PAO, the DDO shall prepare and prefer the bill of total amount to PAO clearly mentioning the employees details viz. PRAN and bifurcation amount interest amount etc.
6. The PAO shall confirm the bill amount on the basis of record available with them.
7. The PAO will also make necessary entry in service record of the concerned NPS employee.

The above shall be adopted on Indian Railways mutatis mutandis.

B. As regards the accounting of the amount payable/ receivable on account of instructions issued vide RBE 23/2025, the following procedure shall be adopted:

DA: As above

(Rajat Agarwal)
Jt. Director Finance (CCA)
Railway Board