• Skip to main content
  • Skip to primary sidebar
  • Home
  • Aicpin
  • Recent Post
  • Pay Matrix
    • Defence Personnel
      • MNS Officers
  • Recent Govt Orders
    • Dopt orders
    • Finmin orders
  • DA From January 2021
  • Holiday list 2020
Govtempdiary

Govtempdiary

Govtempdiary is leading Central government employees news provider

You are here: Home / RAILWAYS / Railway Board – Ease of Partial withdrawal of NPS Subscribers through self declaration
This image has an empty alt attribute; its file name is b_new.gif Demanded for payment of Dearness Allowance/Dearness Relief with arrears since 01.01.2020
This image has an empty alt attribute; its file name is b_new.gif AICPIN for the month of December 2020
This image has an empty alt attribute; its file name is b_new.gif LTC cash voucher scheme Calculator
This image has an empty alt attribute; its file name is b_new.gif Expected DA from January 2021 Calculator
This image has an empty alt attribute; its file name is b_new.gif List of Kendriya Vidyalaya Schools 2021

Quick links
Hot newsDopt orders
Recent govt ordersRecent post

Railway Board – Ease of Partial withdrawal of NPS Subscribers through self declaration

February 5, 2021 selva

Railway Board – Ease of Partial withdrawal of NPS Subscribers through self declaration

RBE No. 08/2021

GOVERNMENT OF INDIA (BHARAT S8ARKAR)
MINISTRY O RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. 2016/F(E)III/1(1)/3

New Delhi, dated: 01.02.2021.

The GMs/Principal Financial Advisor
All Zonal Railways/Production Units (etc),
(As per mailing list)

Sub: Ease of Partial withdrawal of NPS Subscribers through self declaration-regarding.

A copy of Pension Fund Regulatory and Development Authority (PFRDA)’s circular No. PFRDA/2021/3/SUP-ASP/3 dated January 14, 2021 regarding ease of partial withdrawal of NPS Subscribers through self declaration is enclosed for information and compliance. The instructions contained therein shall apply mutatis mutandis on Railways also.

(G.Priya Sudarsani)
Director, Finance (Estt.),
Railway Board.

DA: One.

CIRCULAR

CIR No.: PFRDA/2021/3/SUP-ASP/3

Date: January 14, 2021

To,
All Stakeholders under NPS

Sub: Ease of Partial withdrawal of NPS Subscribers through self – declaration

Presently, all NPS Subscribers who have been under the NPS for three years or more, are permitted to avail non-refundable partial withdrawal from their own contributions to the extent of 25% up to three times for specified reasons (refer Annexure I) in PFRDA (Exits and Withdrawal under the National Pension System) Regulations 2015.

2. As of now, the eligible Subscribers need to submit their application for partial withdrawal to the respective nodal officers/POPs along with the supporting documents to substantiate the reasons for their request for partial withdrawals.

3. In order to ease the process of partial withdrawal and make it simple, online and paperless in the interest of Subscribers, it has now been decided to allow the Subscribers to allow partial withdrawal based on ‘self-declaration’ and thereby doing away with the submission of supporting documents to substantiate the reasons for partial withdrawal.

4. To further expedite the process and to ensure timely payment of partially withdrawn amount into the Subscribers’ bank account, the partial withdrawal requests received online shall be directly processed in Central Record Keeping Agency (CRA) system thereby doing away with the authorization of the request at the level of nodal office/POP.

5. This liberalized process is however strengthened by effective due diligence with technology enabled ‘Instant Bank Account verification’ through penny drop to identify the beneficiary and the Subscriber’s bank account. In order to ensure payment of amount into correct bank account number and rightful beneficiary, CRAs shall be carrying out ‘Instant Bank Account Verification’ through penny drop and the cost of the same shall be borne by the Subscribers. The process of partial withdrawal based on self-declaration is provided at the Annexure II. Central Record Keeping Agencies (CRAs) are accordingly advised to make this feature available in their system at the earliest in the interest of Subscribers.

6. The Subscribers shall also have the option for submitting partial withdrawal requests off line with ‘self-declaration’ to the associated nodal officers/POPs, as per the prevalent practice but without any supporting documents to substantiate the reasons for partial withdrawal.

7. This circular is issued under Section 14 of PFRDA Act 2013 and is available at PFRDA’s website (www.pfrda.org.in) under the Regulatory framework and in “Circular” section of CRA under intermediaries.

K Mohan Gandhi
General Manager
([email protected])

Annexure I

(Reasons of Partial Withdrawal)
[Refer Reg. 8 of PFRDA (Exit and Withdrawal) Regulations, 2015]

i. Higher education of his/her children

ii. Marriage of his/her children

iii. Purchase or construction of residential house or flat

iv. Treatment of specified illness such as Cancer, Kidney failure, Primary Pulmonary Arterial Hypertension, Multiple Sclerosis, Major organ transplant, Coronary Artery Bypass Graft, Aorta Graft Surgery, Heart Valve Surgery, Stroke, Myocardial Infarction, Coma, Total Blindness, Covid 19, Paralysis and Accident of serious/life threatening.

v. For meeting expenses of skill development/re-skilling or any other self-development activities.

vi. For establishing his/her own venture or any start-up.

vii. To meet medical and incidental expenses arising out of the disability or
incapacitation suffered by the subscriber

Annexure II

(Process of Partial withdrawal through self – declaration)

a. Subscribers can submit the partial withdrawal request online/off-line to CRA/Nodal Office/PoPs, as the case may be.

b. For online withdrawal -Login to CRA system using login credentials.

c. Select Partial Withdrawal and the eligible amount of partial withdrawal displayed. D. Select the reasons for partial withdrawal in drop down option.

d. Furnish Self Declaration: ” I submit the request for partial withdrawal and the amount thus withdrawn shall be utilized for the purpose of declared reasons as specified by PFRDA exit regulations. I am fully responsible and accountable to spend the amount thus withdrawn for the stated reason”.

e. Check Bank Account Number which is non-editable mode.

f. Submit the request and authorize by using OTPs/ e Sign.

g. Email and Mobile number need to be updated to authenticate using OTPs in case of online mode.

h. CRA executes partial withdrawal post ” Instant Bank Account Verification” by penny drop.

i. The amount will be received by the Subscriber on T+4th working day. T being the date of online submission by Subscriber / authorization by Nodal Office/POP (in offline mode)

j. No supporting documents are to be submitted in offline or online mode.

Signed Copy

Related posts:

  1. PFRDA Circular :Ease of Partial withdrawal of NPS Subscribers through self – declaration
  2. Guidelines for process be followed for processing of partial withdrawal requests-PFRDA
  3. Partial Withdrawal under NPS
  4. Mandatory processing of Online Withdrawal request
  5. Karnataka : Partial withdrawal of NPS amount by the NPS employee
  6. NPS withdrawal process at the time of difficulties caused by Covid 19 pandemic : PFRDA
  7. NPS-replacing the existing facility of ‘Phased Withdrawal’ with ‘Deferred Withdrawal’
  8. Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber
  9. Exit guidelines under National Pension System – Option for Complete withdrawal of accumulated pension wealth by subscriber
  10. PFRDA  Circular – Exit through self-authorization by e-NPS subscribers
  11. Clarification of Deferred withdrawal of lump sum-pfrda
  12. Updation of AADHAR no. in PRAN of Subscribers.
  13. Additional Modes of e-NPS exit- PFRDA
  14. Amendment to the provisions of State Railway Provident Fund — Liberalization of provisions for withdrawals from the Fund by the Subscribers
  15. PFRDA : Option for Govt. employees to on-board NPS through eNPS
  16. Partial modification & Clarification of Choice for POPs to integrate with CRAs for NPS – PFRDA
  17. PFRDA : e-Nomination facility for NPS subscribers
  18. Notification(KVS) – Implementation of New Pension Scheme
  19. NPS-Simplification of Withdrawal process and Documentary requirement for Govt Employees
  20. Reactivation of PRAN post exit from NPS

Filed Under: RAILWAYS February 5, 2021 Leave a Comment

LTC cash voucher scheme 2020
LTC cash voucher scheme 2020

PCDA Circular : Implementation of recommendation of 7th CPC – Grant of Non-Functional Up gradation (NFU)

February 23, 2021 By selva Leave a Comment

PCDA Circular : Implementation of recommendation of 7th CPC – Grant of Non-Functional Up gradation (NFU) IMPORTANT CIRCULAR (Through PCDA (WC) Website) No. AN/III/1874/NFU Dated: – 17.02.2021 To, 1.All Sub Offices and IFAs (under PCDA (WC) Chd.) 2. All Sections (Main Office, PCDA (WC) Chd.) Subject: Implementation of recommendation of 7th CPC- Para 11.12.140- Grant […]

Kolkata (Phase -III) Housing Scheme

February 21, 2021 By selva Leave a Comment

Kolkata (Phase -III) Housing Scheme CENTRAL GOVERNMENT EMPLOYEES WELFARE HOUSING ORGANISATION(An Autonomous body of Govt. of India, under the aegis of M/o Housing & Urban Affairs)6th floor, `A’ Wing, Janpath Bhawan, Janpath, New Delhi-110001Ph: 011-23717249, 23739722, 23355408 Fax: 011-23717250 AnnouncesKOLKATA (PHASE – III) HOUSING SCHEME(WBHIRA No. HIRA/P/SOU/2021/001183) ABOUT THE ORGANISATION: Central Government Employees Welfare Housing […]

CGHS : Empanelment of AYUSH Hospital/Centers under CGHS/CS (MA) Rules

February 21, 2021 By selva Leave a Comment

Empanelment of AYUSH Hospital/Centers under CGHS/CS (MA) Rules F.No.S. 110011/90/2016-CGHS (HEC)/AYUSH/Pt.II Government of India Ministry of Health& Family Welfare Directorate General of Central Government Health Scheme Nirman Bhavan , New Delhi Date: 12 February, 2021 OFFICE MEMORANDUM Subject:- Empanelment of AYUSH Hospital/Centers under CGHS/CS (MA) Rules. With reference to the above mentioned subject attention is […]

Finmin Order : Clarification on Cash Management Guidelines – Regarding

February 20, 2021 By selva Leave a Comment

Finmin Order : Clarification on Cash Management Guidelines – regarding F.No.12(13)-B(W&M)/2020 Ministry of FinanceDepartment of Economic Affairs(Budget Division) New Delhi,17th February, 2021. OFFICE MEMORANDUM Subject: Clarification on Cash Management Guidelines – regarding. Clarifications have been sought regarding expenditure ceiling during last quarter and last month of 2020-21. It is clarified that the reference to this […]

CPAO : Documents to be submitted by family pensioner alongwith the formats

February 19, 2021 By selva Leave a Comment

CPAO : Documents to be submitted by family pensioner alongwith the formats CPAO/Tech/Bank Performance/37 Vol-III(A)/2020-21/81 Dated: 12.022021 To, The Head of CPPC/GBD _______________________ ________________________ ________________________ Subject:- Documents to be submitted by family pensioner alongwith the formats. Sir/Madam, Your kind attention is invited to CCS Pension (Rules) 1981, Para 24 of the “Scheme for Payment of […]

CGEGIS : Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.01.2021 to 31.03.2021.

February 19, 2021 By selva Leave a Comment

Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.01.2021 to 31.03.2021. No. 7(2)/EV/2016 Government of IndiaMinistry of FinanceDepartment of Expenditure New Delhi, the 15th February, 2021 OFFICE MEMORANDUM Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the […]

Finmin Order : Clarification regarding queries being received in respect of Special Cash Package equivalent in lieu of Leave Travel Concession Fare for Central Government Employees during the block 2018-21.

February 18, 2021 By selva Leave a Comment

Finmin Order : Clarification regarding queries being received in respect of Special Cash Package equivalent in lieu of Leave Travel Concession Fare for Central Government Employees during the block 2018-21. No.12(2)/2020/E-II.A Government of India Ministry of Finance Department of Expenditure North Block New Delhi Dated 16th February, 2020 OFFICE MEMORANDUM Subject: Clarification regarding queries being […]

Rajya Sabha Q&A : Methodology for Fixation of Basic Pay 

February 10, 2021 By selva Leave a Comment

Rajya Sabha Q&A : Methodology for Fixation of Basic Pay GOVERNMENT OF INDIA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (DEPARTMENT OF PERSONNEL AND TRAINING) RAJYA SABHA UNSTARRED QUESTION NO. 427 (TO BE ANSWERED ON 04.02.2021) METHODOLOGY FOR FIXATION OF BASIC PAY 427 SHRI NEERAJ SHEKHAR: Will the PRIME MINISTER be pleased to state: (a) […]

BPMS – Submission of Agenda Points for NC (JCM) and Standing Committee

February 10, 2021 By selva 1 Comment

BPMS – Submission of Agenda Points for NC (JCM) and Standing Committee No.: NCC/Aenda (4/1/L) Date: – 31/01/2021 To, Shri Shiva Gopal Mishra Secretary Naional Council Staff Side 13-C Feroz Shah Road New Delhi 11001 Subject: Submission of Agenda Points for NC (JCM) and Standing Committee. Reference: Your letter No. NC-JCM-2019, dated 11th January 2020 […]

More Posts from this Category

List of Holidays during the year 2021 for central government offices in Tripura

Regarding list of public and restricted holidays during the year 2021 for central government offices located in Tripura

Holiday list in the State of Haryana during the Calendar year 2021

Holiday list both public holidays and restricted holidays in the State of Haryana during the Calendar year 2021, dated December 3, 2020

Recent comments

  • Iavenkatakrishnan on Expected Dearness allowance [DA] from January 2021 Calculator
  • Satyendra on Pay Matrix Table For Rajasthan
  • Sudhir on Promotion/MACP Option form Calculator
  • javed on 5th pay commission fitment table
  • M.K.KUMAR on Finmin Order: LTC Special cash package during the Block 2018-21 : Important FAQ
  • Anonymous on LTC Leave Enhancement Calculator For Block Year 2018-2021
  • Dude on Finmin Order: LTC Special cash package during the Block 2018-21 : Important FAQ
  • Amit kumar sharma on Posting/transfer of defence civilian employees on compassionate grounds or on mutual basis
  • M.K.KUMAR on MACP DETAILS
  • DIWAN on Posting/transfer of defence civilian employees on compassionate grounds or on mutual basis

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Search

calcuators

  • Expected DA Calculator January 2021
  • HRA calculator 2020 (DA>25%)
  • Tax benefit calculator 2020
  • Expected DA For Bank Employees From November 2020
  • 7th pay commission calculator [updated]
  • Promotion/MACP Option form Calculator
  • 7th Pay Commission Pension Calculator
  • Bonus Calculator 2020
  • LTC Leave Enhancement Calculator For Block Year 2018-2021
  • LTC cash voucher scheme Ready reckoner

Pay Matrix table

  • Defence Personnel
  • MNS Officers
  • Tamil nadu
  • Rajasthan
  • Odisha
  • Gujarat
  • Haryana
  • Jharkhand
  • Madhya Pradesh
  • Nagaland
  • Tripura
  • Uttrakhand
  • Assam
  • Bihar

CSD Price list

  • CSD Car Price List 2021
  • Maruti Suzuki CSD Car Price List 2021

KVS Schools list

  • List of Kendriya Vidyalaya Schools
Copyright© 2010–2021

Central Government Employees News - Govtempdiary