PROCESSING OF PARTIAL WITHDRAWAL
REQUEST
Public notice - Processing of
partial withdrawal requests in system latest by 31-12-2018 National Pensions
System Trust (NPS Trust)
Are you an NPS subscriber who
has applied for partial withdrawal from PRAN but has yet to receive the funds?
If yes, please read and act
upon the following message immediately:
An NPS subscriber is permitted
to make partial withdrawal for specified purpose after three years of joining. If
the subscriber has applied for partial withdrawal, the completed hard copy form
and documents are also required to be submitted to the concerned nodal office
for verification and authorization. In absence of submission of the hard copy
form and documents to the nodal office, the online partial withdrawal request
will remain pending in the system and the subscriber will not receive the
funds.
As per advisories issued by
the Pension Fund Regulatory &Development Authority (PFRDA) on 06 December
2018, in case of all partial withdrawal requests captured in the system till 30
November 2018, the required forms, information and documents need to be
submitted to the respective nodal
offices immediately so that verification and authorization can be completed latest
by 31 December 2018.
The nodal offices will be :
Pay & Accounts Office (PAO) / District Treasury Office (DTO) Drawing
& Disbursing Office (DDO) for the Government sector subscribers and Points
of Presence (PoPs) for subscribers in other sectors. If a request for partial
withdrawal is not authorized in the system by 31 December 2018, it will be
treated that the subscriber is no longer interested to seek partial withdrawal
and the application / request will be considered as withdrawn.
You are therefore requested to
liaise with your nodal office to ensure your online partial withdrawal request,
supported by hard copy application and other documents, is duly processed by
them well before 31 December 2018.
In case you face any issues with
your nodal office in the above matter, you can approach NPS Trust (along with
your Permanent Retirement Account Number – PRAN and your own & your nodal
office’s contact details via e-mail: grievances@npstrust.org.in
Source :NPS Trust
No comments:
Post a Comment