DIFFERENT BETWEEN CPF VS GPF AND NPS VS OPS
Pension is a boon for old-age, especially for individuals retiring from Private sector jobs. NPS (National Pension System) helps individuals to plan their retirement by providing a low-risk appetite investment platform. It is a voluntary retirement saving scheme, which promotes systematic savings across working life, to meet a huge corpus amount at your retirement.
NPS is a platform regulated by PFRDA and promoted by the Government of India. This is an initiative to provide a pension opportunity to every Indian. In 2004 it was exclusive to Central Government employees and State Government employees. However, in 2009 it was made open for all.
National Pension System (NPS)
Pension Fund Regulatory and Development Authority (PFRDA) has launched the NPS for old age pension for citizens who are not covered under pension scheme. There are four categories of subscribes under NPS [1] Central Govt employees [2] State Govt Employees [3] All Citizen Model and [4] Corporate Sector Model. PFRDA has appointed our Company as a Point of Presence (POP) for opening the Pension a/c and collection of subscriptions. The salient features
Gujarat Infotech Limited is Authorized National Pension System – NPS Scheme Agent, POP, Centre, Company in Ahmedabad Gujarat (India), a point of presence appointed by PFRDA. NPS is used for investment in retirement plans or financial planning & save income tax altogether.
Dear Subscriber,
Under NPS, you can avail various online services such as contribution submission, online Transaction Statement, Tier II activation etc. in NSDL-CRA system. CRA also sends various SMS/email alerts to Subscribers including quarterly valuation of NPS investments. You can also check balance as well as manage your NPS account through NSDL NPS Mobile App ‘on the go’.
F. No. 1/3/2016-PR – In partial modification of para 1(i) of Ministry of Finance’s Gazette Notification No. 5/7/2003-ECB-PR dated 22nd December, 2003, based on the Government’s decision on 6th December, 2018 on the recommendations of a Committee set up to suggest measures for streamlining the implementation of National Pension System (NPS), the Central Government makes the following amendments in the said notification, namely :-
(1) In para 1(i) of the said notification, for the words “The monthly contribution would be 10 percent of the salary and DA to be paid by the employee and matched by the Central Government”, the words “The monthly contribution would be 10 percent of the Basic Pay plus Dearness Allowance (DA) to be paid by the employee and 14 percent of the Basic Pay plus DA by the Central Government” shall be substituted.
(1) In para 1(i) of the said notification, for the words “The monthly contribution would be 10 percent of the salary and DA to be paid by the employee and matched by the Central Government”, the words “The monthly contribution would be 10 percent of the Basic Pay plus Dearness Allowance (DA) to be paid by the employee and 14 percent of the Basic Pay plus DA by the Central Government” shall be substituted
નામ,મો.નંબર, એડ્રેસ ચેન્જ કરવા માટે ઓફિશિયલ ફોર્મ માટે…અહી ક્લિક કરો
ફોટો અને સિગ્નેચર ચેન્જ કરવા માટે ઓફિશિયલ ફોર્મ માટે…..અહી ક્લિક કરો
પાન કાર્ડ અને આધાર કાર્ડ અપડેટ કરવાના ઓફિશિયલ ફોર્મ માટે…..અહી ક્લિક કરો
સ્કીમ ચેન્જ કરવા માટે ઓફિશિયલ ફોર્મ માટે…..અહી ક્લિક કરો
(vi) Choice of Pension Fund:
The existing scheme in which funds are allocated by the PFRDA among the three Public Sector Undertaking fund managers based on their past performance in accordance with the guidelines of PFRDA for Government employees may continue as default scheme for both existing and new subscribers.
Government employees who prefer higher returns may be given the options of the following two Life Cycle based schemes.