presentation on nps

7/26/2019 Presentation on NPS

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Presentation

onCAB ModelUnder

New Pension System


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Structure of the Presentation

2

NPS Architecture

1

3

Operating Process

4

Investment Options


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Over 1.24 million subscribers registere NPS across !entral

"overnment# State "overnment# $oS 2% State "overnments&$'s has aopte NPS for their emplo(ees 4 !orporate alrea( on boar incluing National Aluminum

!orporation )NA*!O+# Agriculture Insurance !orporation )AI!+ ,an( other corporate intens to -oin NPS. !oal Inia *imite# IA#

"eneral Insurance !ompanies are in the process of loging *aunch of NPS *ite b( /onorable 0inance ,inister in September

21 3 entities incluing Public Sector Private Sector ans acting as

Point of Presence uner NPS

!urrent Status


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Pr.AO


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Intermeiaries

Trustee Bank

CRA

Nodal Offices

Annuity Service Provider

Pension und

Mana!er

Re!ulator

Bank of "ndia

NS#$

To %e A&&ointed

'SAB(

SB") UT") "#C)*otak)Reliance)"C"C" Prudential

To %e A&&ointed

Custodian

Stock +oldin!Cor& 'SC+"$(


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Process uner NPS

5egistration of 6ntities

5egistration of Noal Offices 5egistration of Subscribers

!ontribution Processing

Preparation an $ploa of S!0 'ransfer of 0uns to 'rustee an ,atching ooing Process

Subscriber ,aintenance

!hange in subscriber personal&emplo(ment etails

Ne7 Scheme Setup 5e8printing of I8Pin# '8Pin or P5AN !ar

"rievance ,anagement

*ogging of "rievances "rievance 5eressal


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5ole of Noal Offices

5egistration of the Noal offices an Subscribers $ploaing Subscriber9s monthl( contribution )S!0+ etails to!5A

'ransfer of subscriber contribution amount to 'rustee an Subscriber ,aintenance "rievance logging an resolution


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5egistration /ierarch(

Su%scri%ers will %e ma&&ed to ##Os, ##Os will %e ma&&ed to Pay- Account Office 'PAO( and PAOs will %e ma&&ed wit Princi&al

Account Office 'Pr. AO(

Noal offices centrall(registere 7ith !5A


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Noal Office 5egistration

CRA

orm N/

orm N0 0or7aring 0orm N27ith coveringletter

orm N1

Re!istration orms

availa%le atCRA 2e%site

www.n&scra.nsdl.co.in

Details to be submitted to CRA Name of the Office, Address,

Email id, Authorised Signature & Stamp

0or7aring 0orm N37ith coveringletter8N4


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Pr. AO an PAO to be registere on the basis of ph(sicalapplications ::O can be registere on the basis of soft cop( ata on the

basis of the format provie b( !5A or through 0orms !onsoliate ata to be provie b( a single office. !hecs on uni;ueness an uplicit( of the ::O ata provie

Allotment of $ni;ue 5egistration Number b( !5A Intimation of registration number b( !5A Issue of I8Pin '8Pin for accessing NPS!AN&!5A an I


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Subscriber Registration Process


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,oel of $ploa

/. Centrali3ed Model 4 !entrali=e uploa of ata antransfer of funs b( :irectorate

0. #ecentrali3ed Model4 :ecentrali=e uploa of atab( an transfer of funs b( :'O

1. 5uasi Centrali3ed Model4 :ecentrali=e uploa of

ata b( :'O an !entrali=e fun transfer b(:irectorate


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!entrali=e ,oe

Mode A 'Centrali3ed(6 In this ,oe# :irectorate 7oul prepare consoliate

subscriber contribution file base on contributions prepare at various :'O&::O an uploa the same in the central NPS!AN s(stem. Also this office7oul mae one consoliate pa(ment to the ban.

Pr. AO

PAO& ::O

!5A S(stem

'rustee AN>

!onsoliate !ontribution 0ile

!onsoliate !ontribution Pa(ment


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:e8centrali=e ,oe

Mode B '#e6centrali3ed( 6 In this ,oe# the :'O on behalf of his&her

unerl(ing subscriber 7ill prepare an uploa the subscriber contribution filean thereafter 7ill remit the contribution amount of subscriber to the trusteeban.

Contri%ution ile

Contri%ution Amount


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?uasi 8 !entrali=e ,oe

Mode C '5uasi6centrali3ed( 6 In this ,oe# each :'O 7oul prepare

subscriber contribution file base on contributions receive an uploa intoNPS!AN s(stem. /o7ever the :irectorate 7oul mae one consoliatepa(ment against all the S!0 uploae b( :'O to the trustee ban.

!ontribution 0ile

!onsoliate !ontribution Pa(ment

!ontribution 0ile :etails$ploae on NPS!AN


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Subscriber !ontributionProcessing

7UPU

CRA

0. #i!iti3ation

8. #ata Transfer

/. Consolidation of

Su%scri&tion

NPSCAN

1. 7alidateile

9. ile U&load

:. Su%mission of CS-Transfer of funds

;.


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$tilities

@hat is a 0ile Preparation $tilit( )0P$+o A utilit( provie b( !5A that 7ill assist in preparation of

S!0 as per the file formats of !5A.

@hat is a 0ile


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'he 0P$&0


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0P$ an Its 0eatures

'he 0P$ is a stan alone utilit( installe on a local machine. !onnection to Internet is not re;uire for using the 0P$. 0P$ 7ill generate the S!0 as per the specifie !5A file formats. 0P$ is eas( to use 7ith eBcel8t(pe features.


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0ile Preparation $tilit(


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0ile Preparation $tilit(


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!reating S!0 file


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0ile


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$ploa to !5A

*ogon to !5A at 777.cra8nsl.com 5e;uirement of :S! for S!0 $ploa 0


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!ontribution $ploa


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Attaching a file


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0ile 5eference Number


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0ile Status


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0ile Status


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!ontribution Submission 0orm


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!ontribution Submission 0ormC !ont


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Subscriber ,aintenance

!hange :etails&'ransaction 5e;uest

:ata uploa

Acno7legementNumber

on successfultransaction

Intimationthrough6mail

:ata uploa


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"rievance ,anagement

Status through7ebsite&email&I

presentation on nps

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