PFRDA Orders : Processing of withdrawal requests of Non IRA Compliant subscribers

PFRDA Orders : Processing of withdrawal requests of Non IRA Compliant subscribers Processing of withdrawal requests of Non IRA Compliant subscribers PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY Cir no: PFRDA/ 2013/2/ PDEX / 2                                                                SL-4 Subject:  Processing of withdrawal requests of Non IRA Compliant subscribers PFRDA has issued necessary instructions to CRA with respect to the withdrawal guidelines for Non IRA Compliant subscribers in case of government servants who have died or resigned. The said information is being re-iterated hereunder for the information of all stakeholders for a better appreciation of the matter. The following are the details of the process to be followed: Exit from NPS arising out of death Exit from NPS before the age of normal superannuation & arising out of resignation Non-IRA Compliant Subscribers Certification from the concerned PAO/DTO/DDO (attached as annexure I) Affidavit from the claimant (attached as Annexure II.) · Filling of respective death claim form along with relevant details Subscriber has to: Submit duly filled S1 form for enabling the complete data capture in CRA system. No PRAN generation activity will be undertaken. Submit duly filled Withdrawal form along with all relevant details and   documents. 2.  In case of death where PPAN was assigned but corresponding PRAN was not generated and the respective contribution is held with the concerned employer/department, then, the respective employer / department may take appropriate decision at their end. Source: www.pfrda.org.in

@This Article is Copyrighted For latest updates  Always visit http://satish24k.blogspot.com  Share and Care