The Ministry of Expenditure has issued an Office Memo. regarding updation of profiles to post 01.01.2004 Central Govt employees. As reported by NSDL, the nodal agency for New Pension Scheme, a large number of cases pertaining to post 01.01.2004 entrants are yet to fill up the Registration Form for NPS.

The Expenditure dept has asked to complete the exercise latest by 31st of this month.

The process is to be completed before release of 2nd installment of arrear for which separate order is to be issued. Under no circumstances, the release of 2nd installment is to be done in the case of post 01.01.2004 Central Govt entrants before satisfying the precondition of registration.

With this Office Memo, it looks certain that the Government is going to release the second installment of arrear shortly.

OFFICE MEMORANDUM

Subject: Implementation of New Pension Scheme – Pre-condition for release of 2nd installment of arrears of 6th CPC recommendations.

Reference is invited to this Department’s earlier Office Memorandums regarding implementation of NPS has been reviewed and the following action needs to be taken up immediately.

i. It has been intimated by NSDL that in a large number of cases pertaining to post 01-01-2004 entrants into Government service, the individual application forms for registration to the NPS have not been filled up and sent to them. It is therefore, advised that all employees under the administrative control of your Ministry/Department who are covered under NPS may be asked to fill up the enclosed form which may then be forwarded by DDO/PAO to NSDL immediately (latest by 31st August, 2009) if this has not already been done. Action in this regard will need to be completed before release of second installment of arrears for which separate orders will be issued. It may be noted that release of the 2nd installment, for post 1/1/2004 entrants, will be subject to the above action being completed.

ii. Further, the review has brought out that there are cases where the CDDOs/PAOs have not uploaded contribution files or (b) regular monthly credits have not been posted in the IRA or (c) there is mismatch of contribution. NSDL has been asked to forward PAO/DDO wise subscriber details which will become available to CDDOs/PAOs by the end of August, 2009. Suitable instructions may be issued to all the PAOs/CDDOs to verify the details/confirm contribution/Fund Transfer circulated by NSDL. Action as prescribed by NSDL/PFRDA while circulating these details (underlying action for missing credits) may be completed positively by 30th September, 2009.

Official Circular – http://finmin.nic.in/6cpc/NPS6thcpc.pdf