Calculation of monthly contribution towards cost of Pension payable during foreign service in respect of NPS subscribers : DoP&T OM dated 01.01.2024
No. 2/9/2017-Pers. Policy. Pay (Deputation/ Re-employment)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Personnel and Training
Pers. Policy Pay (Deputation/Re-employment)
North Block, New Delhi
Dated, the 1st January, 2024
OFFICE MEMORANDUM
Subject: Calculation of monthly contribution towards cost of Pension payable during foreign service – regarding.
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The undersigned is directed to refer to this Department’s OM of even number dated 09.10.2020 prescribing the rates of monthly contribution towards cost of Pension payable during foreign service for employees covered under National Pension Scheme (NPS) and Old Pension Scheme in the 7 CPC context.
2. In Para 8 of the OM dated 09.10.2020 it was stated that modalities mechanism of payment of pension contribution during the active period of foreign service in respect of NPS subscribers would be issued later.
3. The matter was taken up with Department of Financial Services, the administrative Department in respect of the Pension Fund Regulatory and Development Authority (PFRDA), a statutory regulatory body for National Pension System.
4. Department of Financial Services have now informed as under:
a. Under the NPS architecture, in cases, where the government employee is on foreign service with PSUs/Autonomous bodies, there is an option at Central Record keeping Agency (CRA) level for re-tagging of such employees to the new organization, provided that the new organization is registered with the CRA under NPS. After re-tagging, the new organization can upload NPS contribution in CRA system.
- However, where the new organization is not registered with CRA system the following measures may be adopted:
- In order to avoid delays in uploading NPS contribution in the said case, the date of transfer of NPS contribution by the new organization/foreign office to the parent office may be mutually decided or preponed, so that the parent office receives the funds in time which can remitted to NPS system as per stipulated timelines; and’
- Alternatively, the parent office may have provision for remitting the NPS contribution in advance from their internal funds and later on adjust it from the funds received from new organization/ foreign office.
5. Department of Financial Services have advised that in case of any operational difficulty in implementing above discussed measures, in view of the terms of employment and the extant norms of both the concerned organizations with PFRDA or for any clarifications or advice, PFRDA may be consulted directly.
6. Other provisions of OM No. 2/9/2017-Estt. (Pay-II) dated 09.10.2020 will remain unchanged.
(Mahesh Kumar)
Under Secretary to the Government of India
Tele: 23040489
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