Entitlement on resignation from Government service in respect of Central Government servant covered under the National Pension System: DoP&PW O.M. dated 07.10.2024
No. – 57/03/2022-P&P W(B)/8361(3)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Pension and Pensioners’ Welfare
****
Lok Nayak Bhavan, Khan Market,
New Delhi, Dated the 7th October, 2024
OFFICE MEMORANDUM
Subject: Entitlement on resignation from Government service in respect of Central Government servant covered under the National Pension System -reg.
The undersigned is directed to say that Department of Pension and Pensioners’ Welfare has notified the Central Civil Services (Implementation of National Pension System) Rules, 2021 to govern the service related matters of Central Government civil employees covered under the National Pension System.
2. Rule 14 of the Central Civil Services (Implementation of NPS) Rules, 2021 provides for entitlement on resignation from Government service of a Central Government servant covered under National Pension System. The rule provides that on resignation from a Government service or a post, unless it is allowed to be withdrawn in the public interest by the appointing authority, the lump sum and the annuity out of the Subscriber’s accumulated pension corpus shall be paid to him in accordance with the regulations notified by the Authority as admissible in the case of exit of a Subscriber from the National Pension System before superannuation.
3. Such payment of lump sum withdrawal and annuity shall not be made before the expiry of a period of ninety days from the date on which the resignation becomes effective and the Subscriber is relieved of his duty.
4. However, if the Subscriber dies before the expiry of a period of ninety days from the date on which the resignation becomes effective, the payment shall be made to the person eligible to receive such payment immediately in accordance with the regulations notified by the Pension Fund Development and Regulatory Authority (PFRDA) as admissible in the case of exit of a Subscriber from the National Pension System before superannuation.
5. The Government servant on his resignation from service, at his option, may continue to subscribe to the National Pension System with the same Permanent Retirement Account Number, as a non-Government subscriber in accordance with the regulations notified by PFRDA.
6. All Ministries/Departments are requested that the above provisions regarding entitlement on resignation from Government service of a Central Government servant covered under National Pension System may be brought to the notice of the personnel dealing with the NPS matters of employees in the Ministry/Department and attached/subordinate offices thereunder, for strict implementation.
Sd/-
(S. Chakrabarti)
Under Secretary to the Government of India
To
All Ministries/Departments/Organisations,
(As per standard list)
Related:
- Contribution by the Government employee to the National Pension System: DoP&PW O.M. dated 07.10.2024
- राष्ट्रीय पेंशन प्रणाली में सरकारी कर्मचारी द्वारा अंशदान-संबंधी- DoP&PW का दिनांक 07.10.2024 का कार्यालय ज्ञापन
- Contribution by the Government to the National Pension System: DoP&PW O.M. dated 07.10.2024
- राष्ट्रीय पेंशन प्रणाली में सरकार द्वारा अंशदान संबंधी- DoP&PW का दिनांक 07.10.2024 का कार्यालय ज्ञापन
COMMENTS