NPS death claim News and Updates from The Economic Times

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NPS DEATH CLAIM

8th Pay Commission pension update: Fearing losses, why this employee body wants assured pension in New Pension System (NPS)
PMJJBY, PMSBY settle claims worth Rs 25,160 cr since their launch in 2015
NPS pensioners to get fixed medical allowance directly in their accounts without submitting bills

- Over 31,500 govt employees opt for UPS till July 20: Finance Minister Nirmala Sitharaman
  As of July 20, 2025, over 31,555 central government employees have enrolled in the Unified Pension Scheme (UPS), with a deadline of Septemb...
  28 Jul, 2025, 02.31 PM IST
- Central government employees, in NPS, can choose OPS under certain conditions; Check eligibility, forms to submit
  Old Pension Scheme: The Department of Pension and Pensioners Welfare has issued a circular asking the departments and ministry to ask their...
  14 Apr, 2025, 10.31 AM IST
- 18 major NPS changes in last 6 months: New online withdrawal facility to changes in NPS transaction statement
  New NPS rules: The National Pension System CRAs registered with the Pension Fund Regulatory and Development Authority (PFRDA) are consisten...
  25 Jun, 2024, 03.06 PM IST
- NPS death claim: Video-based identification allowed for verification of legal heir, nominee
  The PFRDA has decided to permit intermediaries to use technological intervention by using Video Based Customer Identification Process (VCIP...
  05 Jan, 2023, 03.40 PM IST
- NPS exit: Documents required to be submitted along with NPS withdrawal forms
  CRA would file your claim and send you the required application form, along with instructions on how to proceed and the paperwork you need ...
  03 Dec, 2022, 11.13 AM IST
- NPS death claim: Making NPS death claim when there is no nomination or invalid nomination
  In the event of a Subscriber's death, her pension wealth shall be distributed among her nominees or legal heirs, as the case may be
  01 Nov, 2022, 02.36 PM IST
- How to claim NPS proceeds on death of subscriber
  If a NPS subscriber dies before reaching 60 years of age the accumulated pension amount is paid to the nominee or legal heir of the subscri...
  01 Nov, 2022, 10.47 AM IST
- NPS death claim: PFRDA clarifies on nomination post death of NPS subscribers
  When enrolling in the National Pension System, NPS subscribers must submit a nomination in the required format.
  22 Oct, 2022, 11.42 AM IST
- How NPS corpus of deceased subscriber meant for purchase of annuity will be handled
  The National Pension Scheme's exits and withdrawals are managed by the PFRDA, and any implementing changes affect how the NPS exits and wit...
  20 Oct, 2022, 11.18 AM IST
- Changes in process flow of e-nomination for NPS subscribers with effect from October 1
  If the Nodal Office does not act against the request within the allotted 30 days, it will be accepted in the CRA system.
  30 Aug, 2022, 11.15 AM IST
- NPS: Frequently asked questions
  NPS is a government-sponsored pension scheme. The scheme allows subscribers to contribute regularly in a pension account during their worki...
  29 Nov, 2021, 10.15 AM IST
- Ensure family pension begins within 1 month of receiving claim: Centre to all departments
  The Department of Pensions and Pensioners' Welfare has also come out with detailed notes -- one for employees under Old Pension Scheme and ...
  04 Jun, 2021, 06.34 PM IST
- Soon e-NPS subscribers can exit from the scheme via an online process: PFRDA
  The proposed online process of e-NPS exit would be similar to the existing online e-NPS platform already in use for opening NPS accounts by...
  29 May, 2020, 01.10 PM IST
- How to exit prematurely from NPS
  At least 80% of the pension corpus must be used for purchasing an annuity that would provide monthly pension. Remaining can be withdrawn as...
  14 Aug, 2018, 11.07 AM IST
- Tax queries: Can you claim deduction for NPS contribution made by your employer?
  With effect from Assessment Year 2016-17, an additional deduction of Rs 50,000 for contribution towards NPS by employee is allowed u/s 80CC...
  08 May, 2018, 01.28 PM IST
- Apply online for New Pension System withdrawals from April 2016: PFRDA
  PFRDA has made it mandatory for the subscribers of New Pension System (NPS) to submit applications online for settlement of withdrawal clai...
  22 Nov, 2015, 12.30 PM IST
- LIC chosen as default NPS annuity service provider
  PFRDA chooses state-run LIC as the default annuity service provider for subscribers exiting from NPS and seeking withdrawal of accumulated ...
  03 Mar, 2013, 12.16 PM IST
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