The timeline for processing of death claims requests under APY, based on scanned documents, has been extended till 30th September, 2020.
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PFRDA CIRCULAR
Pension Fund Regulatory & Development Authority (Second Amendment) Regulations, 2020
Pension Fund Regulatory and Development Authority hereby makes the following regulations to amend the Pension Fund Regulatory and Development Authority(Central Recordkeeping Agency) Regulations
Extension of timelines for activities under NPS & NPS Lite – PFRDA
POPs may submit the compliance reports (due between 1st March ’20 and 30th September ’20) within 30 days from the normal due date through email
Partial modification & Clarification of Choice for POPs to integrate with CRAs for NPS – PFRDA
Points of Presence (POPs) shall have the option to integrate with one or more Central Record Keeping Agencies (CRAs) for the purpose of on-boarding and servicing of NPS subscribers under Voluntary/Corporate sector
PFRDA : OTP based authentication for paperless NPS on-boarding
Opening of online NPS Account by prospective Subscribers in a paperless manner, it has been decided to permit validation of NPS application by either through ‘e signature’ or by One Time Password (OTP)
Processing of death claims requests under APY
Difficulties faced by Point of Presence under Atal Pension Yojana (hereinafter referred as `PoP-APY’) in processing of death claim requests due to Covid 19 pandemic, it has been decided to ease the processing of death claim requests