Saturday, 18 November 2017

PFRDA introduced Persistency charges on NPS (CPS) holders

PFRDA has revised its service charges. These service charges will be levied on Contributory Pension holders.
The Revision of service charges to POPs on subscriber registration to POPs will be effected from the 01-11-2017.

Newly introduced persistency charge per financial year will be applicable on accounts under the NPS. This charge will be payable annually to the associated POPs by deduction of the units in the CRA system after closure of the financial year.
 Read more details from the following links.

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