Partial Withdrawal of Accumulated Pension Wealth under the National Pension System (NPS): Railway Board Order RBE No. 94/2024 dated 08.10.2024
RBE No. 94/2024
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No. 2016/F(E)II/1/(1)/3
New Delhi, dated: 08.10.2024.
The General Managers/Principal Financial Advisors,
All Zonal Railways/Production Units etc,
DGs of RDSO and NAIR.
Sub: Partial Withdrawal of Accumulated Pension Wealth under the National Pension System (NPS).
A copy of Pension Fund Regulatory and Development Authority (PFRDA)’s circular no. PFRDA/ MASTERCIRCULAR/ 2024/01/ CRA-01 dated 12.01.2024 on the above cited subject is enclosed for information and compliance.
2. A concordance of PFRDA’s instructions referred to in circular dated 12.01.2024 (which are applicable to government subscribers) and Railway Board’s corresponding instructions is given below:
| S.No. | PFRDA’s Circular No. | Railway Board corresponding instruction |
| 1. | PFRDA/2016/7/Exit/2 dated 21.03.2016 | Letter of even no. dated 24.04.2020 |
| 2. | PFRDA/2018/40/Exit dated 10.01.2018 | |
| 3. | PFRDA/2018/47/Reg-Exit/4 dated 24.05.2018 | |
| 4. | PFRDA/2020/7/REG-Exit/1 dated 09.04.2020 | |
| 5. | PFRDA/2021/3/SUP-ASP/3 dated 14.01.2021 | Letter of even no. dated 01.02.2021 |
| 6. | PFRDA/2022/40/ASP-EXIT/04 dated 23.12.2022 | Letter of even no. dated 09.02.2023 |
2.1 The PFRDA’s circular no. PFRDA/2018/55/Exit/S dated 06.08.2018 (which is superseding the circular no. PFRDA/2018/47/Reg-Exit/4 dated 24.05.2018), except para 2 and PFRDA’s circular no. PFRDA/2016/2/Exit/7_ dated 24.10.2016 mentioned in the aforesaid PFRDA’s circular no. PFRDA/MASTERCIRCULAR/2024/01/CRA-01 dated 12.01.2024 are also enclosed for information and compliance.
3. Please acknowledge receipt.
(G. Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.
COMMENTS