Business

Government of India (GOI) introduced the New Pension System (NPS)

Government of India (GOI) introduced the New Pension System (NPS) for all new employees to Central Government service, except for Armed Forces, joining Government service on or after 1st January 2004. As of date 22 State Governments / Union Territories have adopted NPS for their employees. Subsequently, this was made available to “All Citizens of India” from May 1, 2009. National Securities Depository Limited (NSDL) has been appointed as the Central Record keeping Agency (CRA) for NPS.

You may be aware of our Investor Depository Meets (IDM) wherein we meet and impart awareness amongst investors regarding the depository functions and their rights and duties. In a similar manner, as part of our initiative to supplement the efforts by Pension Fund Regulatory and Development Authority in popularising the NPS among the prospective subscribers, we conduct the Subscriber Awareness Programs (SAPs). During these programmes, we educate the existing as well as prospective subscribers about the various modalities of the scheme. We also would like to take a feedback from you for improving the various features of the scheme.

The next SAP is being organized in Chandigarh on April 16, 2011.The address of the venue and the schedule of the programme are given below.

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