The Complete Package And Updates Of New Pension Scheme & PFRDA Details

01 May

Posted by Shyam as Opinions

The New Pension scheme has brought a lot of cheers on the faces of many working professional all over the country today. Now not only the Govt sector but also the private sector employees will benefit from the New Pension Scheme which became effective from May 1st, 2009. The Pension Fund Regulatory Development Authority (PFRDA), is the regulatory body in India which looks after the pension fund by the new pension scheme.

It was a nice day to launch the New Pension Scheme On International Labour Day On May 1st. The govt will root any changes if needed in the New Pension Scheme after a complete year from May 1st 2009. The part of the funds which will go into high risk share markets may get reviewed once again at a later point of time. We are awaiting for a tool for New Pension Scheme calculator which will show the exact earnings a person will get after investing for a long time.

To read the complete details on the New Pension Scheme, you can click and check it out. The PFRDA will play a crucial role in the New Pension Scheme. Get a clear picture of the New Pension Scheme here.

Some interesting findings by the PFRDA organization on New Pension Scheme.

Interim arrangements for the New Pension Scheme here.

New Pension Scheme Notification at this link.

Location For Opening a New Pension fund Account in India.

New Pension Scheme Offer Document for more details.

Press Release For the New Pension Scheme with effective from May 1st 2009.

Detailed Guidelines for investment under the New Pension Scheme.

Subscriber Registration For New Pension Scheme And Permanent Retirement Account Number(PRAN).

The welcome kit for the New Pension Scheme here.

From the above links you can get all the information that you may need with regards to the New Pension Scheme and PFRDA. You can post your comments here and get them clarified from here. Check out the latest updates to NPS scheme after the Union Budget 2009-10.

Popularity: 17% [?]

31 Responses

Ishesh Murarka

May 3rd, 2009 at 5:10 pm
1

I would like to know the details of how to apply for an agency for the sale of this scheme and if you tell me about the procedure as well.
Thanks
Varghese Samuel

May 4th, 2009 at 11:12 am
2

Is this scheme is opned for NRI also or not
Bikash Kumar Deo

May 4th, 2009 at 11:36 am
3

i want to start new pension plan.what is the procesure and how can i apply.what are the benefits of this plan and how much amount i have to pay. is is monthly,quarterly or yerarly.i want to know all the details.
Rajnish Sharma

May 4th, 2009 at 4:01 pm
4

I would like to know, how to apply for the agency for the sale of this scheme.Please let me know the procedure.

I would also like to know, how can i apply for this scheme, can me and my wife have joint policy.
Shyam

May 5th, 2009 at 12:41 am
5

@ All

Please check a post on analyzing the new pension scheme here and get the require details:

http://livesharemarkets.com/2009/05/03/analyzing-the-new-pension-scheme-and-pfrda-india/

You can post all your comments there if you have any.

thanks
Shyam

May 5th, 2009 at 12:44 am
6

@ Rajnish Sharma

You can make your wife as the nominee in your account in the new pension scheme.
Shyam

May 5th, 2009 at 12:46 am
7

@ Bikash Kumar Deo

You can always go ahead and join the new pension scheme and make benefit for yourself. Visit anyone of the banks listed above and you will get details on the new pension scheme there easily. You can as well check all the links given in the post to make out the details your self.
pushparaj k p

May 7th, 2009 at 3:23 pm
8

I would be 60 in 2022… and if I would like to draw a monthly pension of Rs.25000, what amount should I contibute to the NPS from now.
chandra padmanabhan

May 9th, 2009 at 2:24 pm
9

If a person invest Rs.6000 every year from the age of 42 now to 60 years what is the amount he shall get as pension at the age of 60. Can you please explain.
Regards
Chandra
santosh utekar

May 11th, 2009 at 3:28 pm
10

Please let me know how to apply. And what are the procedure to take the agency for PFRDA.
Shyam

May 13th, 2009 at 10:55 pm
11

@santosh utekar,

from the post you can see the link to the places where you can find places where you can join the scheme. In banks like SBI, ICICI etc you can check out with the new pension scheme.

thanks
Kishore Y. Amrute

May 14th, 2009 at 6:25 pm
12

I am interested to go for the pension scheme pl. give all the details
and where to apply?
A Bansal

May 22nd, 2009 at 10:49 am
13

I am 47. how much should I invest to get a monthly pension of Rs. 30000 per montth
A Bansal

May 22nd, 2009 at 10:50 am
14

I am 47. how much should I invest to get a monthly pension of Rs. 30000 per month?
A Bansal
santosh

May 22nd, 2009 at 12:15 pm
15

i m from nasik,myage is 31 let me know the details of policy. and location
SANDIP GHANWAT

May 27th, 2009 at 9:35 am
16

I would like to know, how to apply this PENSION PLAN scheme.Please let me know the procedure.

TELL ME ALL THE DETAILS ABOUT THE PLAN PHYSICALLY……………..
HEMA

May 28th, 2009 at 8:00 pm
17

i want to become an agent as in PPF. pl suggest steps for it.
chandrasekaran Suryanarayanan

June 14th, 2009 at 3:12 am
18

My age is now 55 and NRI, I would like to get monthly pension of RS. 30,000. Is it possible to invest some annuity amount now and remaining period paying annualy upto 60 years. In such case, what annuity amount I will pay now for monthly pension scheme and each year what amount I have to pay annualy.
Regards
Chandrasekaran
Jyoti Prasad Pal

June 15th, 2009 at 3:11 pm
19

I am 25 and not married. Can I change the nominee after few years after marriage? I’m very interested in this scheme.
RAKhan

June 23rd, 2009 at 11:41 am
20

I am 40 and want to know for Rs. 30000/- per month how much i have to invest?
muralikrishnan

August 7th, 2009 at 10:01 pm
21

If I posses 5 lakhs in tier 1 account and want to quit from it, how much amount i can get as monthly pension( present NAV) ?
muralikrishnan t v

August 16th, 2009 at 8:28 pm
22

I couldn’t get any reply for my previous doubt.(dated 7-8-9)kindly attend the question
ravi

August 24th, 2009 at 2:35 pm
23

I tried with SBI / ICICI but they are not helping me to open an NPS account. Could you pls let me know, Contact person / address where I can get NPS application form and I can complete NPS account opening formalities?
Gagan

August 29th, 2009 at 12:20 pm
24

Dear Ravi, You can contact on 9316004116 for full details regarding NPS.
Mukul Pandey

September 10th, 2009 at 10:40 am
25

I would like to know the details of how to apply for an agency for the sale of this scheme and the procedure as well.

I would be 60 in 2039… and if I would like to draw a monthly pension of Rs.25000, what amount should I contibute to the NPS from now.
jitender

October 3rd, 2009 at 9:03 pm
26

dear sir if me invest 3000 rupees per month in new pension scheme till 2025 how much will get pension after him? E-50%, C-30%, G20%
sachin

November 16th, 2009 at 11:06 am
27

plz send me the all detail of this new pension fund and forms also .
tell me the place also where i can send the form
kogulan

December 26th, 2009 at 12:05 am
28

I would like to know whether i can withdraw the amount which is contributed by me in NPS as other GPF contributors do so.
surjit singh khattar

January 28th, 2010 at 12:04 pm
29

please arrange to send details for opening of account in chandigarh. a lot of persons are interested. is there any scope for agency if yes than dvise the formailities for the same.
Madhusudhan

January 31st, 2010 at 1:21 am
30

Hi,
I would like to know, if I have to advise people to invest in the NPS, since lot of people want to invest in the scheme which is owned by the government, should I take up the agency or guide them to the places mentioned for the NPS scheme available. And if I take up the agency what is the remuneration I can expect, and whats the procedure to enrol myself as an advisor.
Madhusudhan
Deepak

March 3rd, 2010 at 8:42 pm
31

Hi,
I want to know about pension amount if i will invest rs 24,000 per year for 7 years.