Sunday, 3 March 2019

NPS | Additional benefit on death/disability of Government servant covered by New Pension Scheme - Railway Board Order

NPS | Additional benefit on death/disability of Government servant covered by New Pension Scheme - Railway Board Order 

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA) 
(RAILWAY BOARD)

No. D-43/4/2018-F(E)III
New Delhi, dated: 26.02.2019.


The General Managers/Principal Financial Advisors,
All Zonal Railways/Production Units.

Sub: Additional benefit on death/disability of Government servant covered by NPS - reg.

Attention is invited to Board's letter No. 2008/AC-II/21/19 dated 29.05.2009 on the above subject vide which instructions were issued providing for additional relief on death/disability of Government servants covered by New Defined Contribution Pension System (NPS).
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2. In the wake of the above instructions, some of the Zonal Railways have raised the issue of admissibility of provisional family pension to the family members of the deceased railway servant who were governed by National Pension System (NPS) but died prior to allotment of PRAN Card and starting of the deductions towards NPS.

3. The  above  issue has been examined  in  consultation  with  Pension Fund Regulatory and Development Authority (PFRDA) and the Department of Pension & Pensioners' Welfare  (DOP&PW). It is clarified that all the railway servants appointed on or after 01.01.2004 are  to be covered by  the National Pension System (NPS). Therefore, the provisional benefits granted vide Board's letter dated 29.05.2009 to all NPS employees in case of death in service/disability will be admissible to the family of the deceased subscribers/subscribers on fulfillment of the conditions specified therein irrespective of the fact that PRAN Card was not allotted at the time of death/disability or the deduction towards NPS had not started. However, while giving the provisional benefits instructions issued vide Board's letter No. 2012/ F(E)III/1(1)/4 dated 08.09.2014 may also be kept in view.

sd/-
(Jitendra Kumar)
Deputy Director, Finance (Estt.) I,
Railway Board.
Ph.No.23304528.




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