REVISION OF INTEREST RATES FOR SMALL SAVINGS SCHEME FROM 01.04.2019 TO 30.06.2019
AMENDMENT IN NPS FUND INVESTMENT GUIDELINES
PFRDA CIRCULAR
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
B-14/A, Chhatrapati Shivaji Bhawan,
Qutab Institutional Area,
Katwaria Sarai, New Delhi-110016.
Ph: 011-26517501, 26517503, 26133730
Fax: 011-26517507
Website : www.pfrda.org.in
CIRCULAR
PFRDA/2019/8/SUP-PF/2
Date: 25.03.2019
Subject: Amendment to the investment Guidelines (Applicable to Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana)
Reference is invited to the Investment Guidelines for NPS Schemes (Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana) dated 3rd June 2015 issued vide circular no. PERDA/2015/16/PFM/7, the Change in Investment guidelines for NPS schemes W.r.t. Investment in equity Mutual funds vide circular no. PERDA/2018/56/PF/2 dated 20th August 2018 and Revised rating criteria for investments under NPS Schemes vide circular No. PERDA/2018/02/PF/02 dated 08.05.2018. The changes hereunder shall apply only to Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana.
2. In order to provide flexibility to the Pension Funds to improve the scheme performance depending upon the market conditions, it has been decided to increase the cap on Government Securities & related investments and Short term debt instruments & related investments by 5% each.
3. The asset class wise revised caps on the various asset classes are as under:
Asset Class
|
Caps on Investments for composite schemes
|
Government Securities & related investments
|
Upto 55%
|
Debt Instruments & related investments
|
Upto 45%
|
Equity ‘& related investments
|
Upto 15%
|
Asset backed, trust structured etc.
|
Upto 5%
|
Short term debt instruments & related investments
|
Upto 10%
|
4.The other terms and conditions as mentioned in the circular PERDA/2015/16/PFM/7 dated 03.06.2015, circular no. PERDA/2018/56/PF/2 dated 20th August 2018 and circular No. PFRDA/2018/02/PF/02 dated 08.05.2018 shall remain the same.
5. This circular is issued in exercise of powers of the Authority under sub-clause (b) of the sub-section (2) of section 14 of Pension Fund Regulatory and Development Authority Act, 2013 read with regulation 14 and 43 of PFRDA (Pension Fund) Regulation, 2015.
6. This would be effective from 01.04.2019.
Venkateswarlu Peri
(Chief General Manager)
GRANT OF DEARNESS RELIEF IN THE 5TH CPC SERIES EFFECTIVE FROM 01.01.2019 TO CPF BENEFICIARIES IN RECEIPT OF EX-GRATIA PAYMENT-REG (Click the link below to view)
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FREQUENTLY ASKED QUESTIONS (FAQS) ON RESERVATION TO PERSONS WITH BENCHMARK DISABILITIES IN POSTS/SERVICES UNDER CENTRAL GOVERNMENT – REG
No.36035/02/2017-Estt (Res)
Government of India
Ministry of Personnel,
Public Grievances & Pensions
Department of Personnel & Training
*********
Government of India
Ministry of Personnel,
Public Grievances & Pensions
Department of Personnel & Training
*********
North Block, New Delhi
dated the 25 March, 2019
dated the 25 March, 2019
Subject: Frequently Asked Questions (FAQs) on reservation to Persons with Benchmark Disabilities in posts/services under Central Government – reg.
This Department receives references from various Ministries/Departments seeking clarification on instructions with regard to reservation for Persons with Bench mark Disabilities issued vide OM of even number dated 15.1.2018; therefore, a set of Frequently Asked Questions (FAQs) have been answered as under for their use:
Q.1 Whether the reservation for Persons with Benchmark Disabilities are vacancy based or post based?
Answer: Reservation for Persons with Benchmark Disabilities is vacancy based as per Section 34 of the Rights of Persons with Disabilities Act, 2016.
Q.2 What categories of specified disabilities are
covered for reservation and what is the percentage allocation of reservation
for each category of persons with benchmark disabilities?
Answer: As provided in Para 2 of the OM of even number dated
15.1.2018, categories of specified disabilities covered under reservation in
posts and services of the Central Government vis-a-vis category wise percentage
of reservation is as under:
|
(a)
|
blindness and low vision;
|
1%
|
|
(b)
|
deaf and hard of hearing;
|
1%
|
|
(c)
|
locomotor disability
including cerebral palsy, leprosy cured, dwarfism, acid attack victims and
muscular dystrophy;
|
1%
|
|
(d)
|
autism, intellectual
disability, specific learning disability and mental illness;
|
1%
|
|
(e)
|
multiple disabilities from amongst persons under clauses (a) to
(d) including deaf-blindness,
|
Answer: Persons with Benchmark Disabilities can apply only against the posts identified suitable for the relevant category.
Q.4 Whether any priority has been given in selection to any category of disability?
Answer: Priority has not bee n given in selection to any category of Persons with Bench m ark disability.
Q.5 Whether a Benchmark Disability candidate can compete for appointment against an unreserved vacancies?
Answer: Yes, Bench mark Disability candidates can compete for appointment by direct recruitment against an unreserved vacancy if selected with out relaxed standards a long with other candidates for those posts/services which are identified suitable for them.
Q.6 Whether the vacancies which are to be earmarked reserved for Persons with Benchmark Disabilities is to be computed on the total number of vacancies in the cadre strength in identified categories of posts as well as unidentified categories of posts.
Answer: Yes, vacancies which are to be earmarked reserved for Persons with Benchmark Disabilities is to be computed on the total number of vacancies in the cadre strength in identified categories of posts as well as unidentified categories of posts. However, recruitment of persons with bench mark disabilities would only be against the category of posts identified suitable for them.
Q.7 Whether a separate roster is to be maintained for Persons with Benchmark Disabilities irrespective of the post based roster applicable for SC/ST/OBC?
Answer: Yes, every Central Government establishment shall maintain group-wise separate 100 point vacancy based reservation roster register in the prescribed format for determining /effecting reservation for the Persons with Benchmark Disabilities – one each for Group ‘A’ posts filled by direct recruitment, Group ‘B’ posts filled by direct recruitment and Group ‘C’ posts filled by direct recruitment.
Q.8 What to do with vacancies reserved f or any particular category(s) of Persons with Benchmark Disabilities cannot be filled due to non-availability of a suitable candidate, or for any other sufficient reasons?
Answer: As per Section 34(2) of the Rights of Persons with Disabilities Act, 2016, if in any recruitment year any vacancy can not be filled up due to non-availability of a suitable person with benchmark disability or for any other sufficient reasons, such vacancy shall be carried forward in the succeeding recruitment year and if in the succeeding recruitment year also suitable person with benchmark disability is not available, it may first be filled by interchange among the five categories and only when there is no person with disability available for the post in that year, the employer shall fill up the vacancy by appointment of a person, other than a person with disability.
Sd/-
(G. Srinivasan)
Director (Res)
