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FAQ
FAQs in Hindi
What is the New Pension System (NPS)?
When was the NPS introduced?
Who is covered by the NPS?
Who is not covered by the NPS?
If I joined Central Government service on or after 01 January 2004 do I have an option of not being covered by the NPS?
I am covered by the NPS. Do the old Pension Rules apply to me?
I am covered by the NPS. Can I contribute to the GPF?
I am covered by the NPS. Am I eligible to Gratuity?
How does the NPS work?
What is the difference between Tier-I and Tier-II accounts?
How will I contribute to my Tier-I (pension) account?
Will the Government contribute anything to my Tier-I (pension) account?
Can I contribute more than 10 into my Tier-I account?
Will the Government also contribute more than 10 into my Tier-I account?
What will happen if I am transferred to another city or country?
If I leave Government service before I retire will the Government continue to contribute to my Tier-I account?
Will the government make any contributions to my Tier-II account?
What if I die or become permanently disabled during my service?
Who will be responsible for the NPS and for protecting my interests?
When will my contributions start?
Who in the Government will issue me a PPAN open my accounts and be responsible for the deductions?
What will happen to my contributions to my Tier-I account?
Which agency will serve as a PFM?
Who will decide which PFM manages my contributions and savings?
Will I be permitted to select more than one PFM to manage my savings?
Will I be permitted to change my PFM preference?
Where will my savings be invested?
Will I be able to select more than one scheme?
How will my contributions be transferred to the PFM and scheme selected by me?
What rate of return will my contributions earn?
Will I have to pay any fees or charges under NPS?
Are the PFRDA PFMs and CRA already in place?
What will happen to my contributions in this period?
Will I get any interest on my contributions to Tier-I account in this period?
Can I operate the Tier-II account at the moment?
Can I contribute more than the 10 of basic+DA+DP into my TierI account at the moment?
What will happen to my contributions and earnings in my Tier-I account when the PFRDA CRA and PFMs etc. are appointed?
Will I have the option of continuing with the current 8 percent rate of return?
When will I be permitted to withdraw from my Tier-I account?
What will happen to my savings in the Tier-I account when I retire?
Can I use more than 40 of my savings to purchase the annuity?
What will happen to my savings if I decide to retire before age 60?
Will the annuity also provide a family (survivor) pension?
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