SIMPLIFICATION OF PROCEDURES FOR WITHDRAWAL FROM NPS – CLARIFICATION ON DOCUMENTS TO BE SUBMITTED

PFRDA has issued a communication regarding Simplification of Withdrawal Process and the documents required for processing the claim.

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

PFRDA/2015/07/EXIT/02                                                                       12th May, 2015

To,

            All Govt depts./PAO’s/PrAO’s/DDO’s/DTO’s & CRA

Dear Sir/ Madam,

SUB: Simplification of Withdrawal process – Documentary requirements Circular dt. 25th February, 2015.

            Reference is drawn to the circular issued on 25th  February, 2015 on the matter of simplification of withdrawal process and the documentary requirements there under

.

            There have been queries from some of the stakeholders as to whether these simplified documentary requirements as specified  in the  circular are applicable to withdrawal requests reported to CRA and NPS Trust, prior to the issuance of the circular or not.

            In this regard, it is clarified that the circular would be applicable even to the withdrawal requests which were reported prior to the issuance of the said circular to CRA and NPS Trust.

            All other terms, conditions of the said circular remain unaltered.

Yours faithfully,
Sd/- Venkateswarlu Peri
General Manager