Recovery of NPS subscription fee/charge should be stopped : NCJCM Staff Side

Leave a Comment / By /

Recovery of NPS subscription fee/charge should be stopped : NCJCM Staff Side

National Council (Staff Side)
Joint Consultative Machinery for Central Government Employees
13-C, Ferozshah Road, New Delhi – 110001

No.NC/JCM/2015

Dated: October 31, 2015

Shri Sanjay Kothari,
Secretary,
Ministry of Personnel, Public Grievances & Pensions,
Department of Pension & Pensioners’ Welfare
(Government of India),
North Block,
New Delhi-110001

Dear Sir,

Sub: Recovery of NPS subscription fee/charge

Ref.: Dy. General Manager, NPS Trust, New Delhi’s notice dated 19.10.2015

It has come to our notice that, @ 0.01% of the AUM on daily accrual basis is proposed to be imposed on the NPS Subscribers.

In this connection, it is worth-mentioning that, in the past, it was assured to the Central Government Employees that, no Administrative Charge/Fee would be imposed on any of the Government employees. Orders to this effect, if so issued, should immediately be withdrawn.

Yours faithfully,

(Shiva Gopal Mishra)
Secretary(Staff Side)
NC/JCM

Source : NCJCM STAFFSIDE

  • Was this Helpful ?
  • Yes   No

Related Posts:

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top