Sub:- NATIONAL PENSION SYSTEM Partial Withdrawals - Documents to be submitted for availing - Comprehensive guidelines to all Stake-holders — Instructions — Issued
All the Treasury Officers / PAOs / Nodal Officer.2 in the State are informed that, Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) Regulations, 2015, read with Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) (First Amendment) Regulations, 2017; and Pension Fund Regulatory and Development Authority
(Exits and Withdrawal under the National Pension System) (Third Amendment) Regulations, 2018, laid down clear guidelines with respect to Partial Withdrawal requests. As per the provision of Regulation No.8 of the Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) Regulations, 2015, the following provisions have been notified in respect of the Partial Withdrawals under National Pension
System:-
A.) Purpose:- A subscriber on the date of submission of the withdrawal form, shall be permitted to withdraw not exceeding twenty-five percent of the contributions made by such subscriber to his individual pension account, for any of the following purposes only:-
All the Treasury Officers / PAOs / Nodal Officer.2 in the State are informed that, Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) Regulations, 2015, read with Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) (First Amendment) Regulations, 2017; and Pension Fund Regulatory and Development Authority
(Exits and Withdrawal under the National Pension System) (Third Amendment) Regulations, 2018, laid down clear guidelines with respect to Partial Withdrawal requests. As per the provision of Regulation No.8 of the Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) Regulations, 2015, the following provisions have been notified in respect of the Partial Withdrawals under National Pension
System:-
Read as : Partial withdrawal Complete Details in Telugu
A partial withdrawal of accumulated pension wealth of the Subscriber, not exceeding twenty-five percent of the contributions made by the Subscriber and excluding contributions made by employer, if any, at any time before exit from National Pension System subject to the terms and conditions, purpose, limits and frequency specified below:-A.) Purpose:- A subscriber on the date of submission of the withdrawal form, shall be permitted to withdraw not exceeding twenty-five percent of the contributions made by such subscriber to his individual pension account, for any of the following purposes only:-
0 comments:
Post a Comment