HISTORY : In 1999, the Government of India commissioned a national project, OASIS (an acronym for “old age social and income security”), to examine policies related to old age income security in India. Based on the recommendations of the OASIS report, the Government of India introduced a new Defined Contribution Pension System for the new entrants to Central / State Government service, except the Defence forces i.e. Army, Navy and Air Force, replacing the existing system of the Defined Benefit Pension System. This new system is called the National Pension System (NPS).
The NPS is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA),
The National Pension System, as we see it today, was notified by the Government of India on 22.12.2003 and given effect to from 01.01.2004.
Government of Odisha have migrated to the “Restructured Defined Contribution Pension System” (NPS) for the new entrants to the State Government service w.e.f. 01.01.2005 vide Finance Department Notification No.44451 dated 17.09.2005
REGISTRATION OF SUBSCRIBERS:
1) Online facility has been provided in IFMS for submission of application by the newly joined employees to be enrolled under NPS. In this regard, the user Id/ login Id will be created in IFMS by the DDO.
# The mandatory pre-requisite is allotment of HRMS Id in respect of the employee.
2) The regular Government employees working under pensionable establishment and covered under NPS shall submit their application for joining NPS and allotment of PRAN in “Common Subscriber Registration Form” online along with the supporting documents prescribed to the concerned DDO of the Establishment after their joining and drawal of their salary for the 1st month. The supporting documents shall be self-attested by the subscriber.
3) Facility has also been provided in IFMS for processing of online applications (CSRFs) at the level of DDO, Treasury & NPS Cell of DTI.
4) The DDO shall verify “Common Subscriber Registration Form” along with the supporting documents and submit to respective District/ Special Treasury with due authorization in prescribed forwarding letter (Annexure-S5).
5) The District/ Special Treasury shall authorize the application and forward the same to DTI for onward transmission to CRA for allotment of PRAN.
6) After generation of “Permanent Retirement Account Number” (PRAN), that will be intimated to employee by SMS alert & mail. Employee can also verify the same in IFMS.
7) The application for registration of the employee under NPS shall be submitted to concerned Treasury by the DDO of the establishment prior to drawal of 1st month’s salary of the employee and DDO of the establishment shall submit a certificate in this regard at the time of submission of 1st month’s salary bill of the employee at Treasury.
(Vide F.D. O.M. No: 32720/F, dtd. 24.09.2019)
Shifting of PRAN from other sector to Government of Odisha: The regular Government employees shall use their previously generated PRAN by CRA to continue in their present job due to portable nature of the PRAN. In this regard, just after joining in pensionable establishment of Government of Odisha, the employee shall apply for inter sector shifting of that PRAN by submitting the application as prescribed by CRA (Form ISS-1) to his/her DDO who shall verify, authorize and submit to concerned District or Special Treasury for necessary shifting of the PRAN from previous sector to Government of Odisha.
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