NPS Functionalities released by CRAs in FY 2019-20
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
CIR No.: PFRDA/2020/19/SUP-CRA/8
Date: May 29, 2020
All stakeholders under NPS
Subject: NPS Functionalities released by CRAs in FY 2019-20
Central Record Keeping Agencies(CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS stakeholders in accordance with Sec 21 of PFRDA ACT 2013.
CRAs have the responsibility to develop various new functionalities or utilities and establish new processes, provide multiple models of interface for the uploading offices to provide maximum flexibility in terms of operation and for the benefits of the subscriber as an ongoing exercise to fulfill the obligations.
The functionalities developed and made available by both CRAs (Refer Annexure I & II) for F.Y. 2019-20 are categorized as follows
(iii)NPS Lite/ APY
The circular is placed in the intermediary section of CRA on PFRDA website,
(K. Mohan Gandhi)