Govt to allow Atal Pension subscribers for partial withdrawal from PF fund amid Covid-19: PFRDA
4 years, 11 months ago

Govt to allow Atal Pension subscribers for partial withdrawal from PF fund amid Covid-19: PFRDA

Live Mint  

The government is planning to allow subscribers of the Atal Pension Yojana for a partial withdrawal from employees' contribution as the current lockdown to battle Covid-19 has crippled the monetary power of workers in the unorganised sector. The government circular would be out in a day or two for adding Covid-19 as one of the conditions for partial withdrawal from pension fund by APY susbscribers, Pension Fund Regulatory and Development Authority of India Chairman Supratim Bandyopadhyay told PTI. "In our regulation, we already have an enabling provision of partial withdrawal for specific purposes such as life threatening kind of emergency, or some kind of critical illness and the likes. He said as in case of other contingencies of partial withdrawal, the limit of withdrawal has been kept same at 25 per cent of the fund accrued of employee's contribution of the pension amount.

History of this topic

Unified Pension Scheme (UPS) notified for govt employees: Eligibility, what’s new
2 days, 2 hours ago
Unified Pension Scheme: Who can join and how much to contribute
5 days, 13 hours ago
UPS: PFRDA notifies assured pension scheme for government employees
5 days, 19 hours ago
Atal Pension Yojana: Step-by-step guide on how to apply
1 month, 1 week ago
Centre finally notifies Unified Pension scheme option for government staff covered by NPS
2 months ago
How PF withdrawal from ATMs could benefit you, starting in 2025
3 months, 1 week ago
PF withdrawals via ATMs likely from 2025. How will it work?
3 months, 2 weeks ago
New pension platform to ease payouts: Minister
4 months, 2 weeks ago
EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs
6 months, 1 week ago
What are the issues faced by EPFO pensioners?
6 months, 1 week ago
Pension Planning: Can Unorganised Sector Workers Open NPS Account?
7 months ago
Budget 2024: Govt may double minimum guaranteed amount under Atal Pension Yojana
8 months, 2 weeks ago
National Pension System and Atal Pension Yojana corpus surpasses Rs 12.3 Lakh Crore, targets Rs 15 Lakh crore this fiscal
9 months, 1 week ago
Pension concerns: On the EPFO recommendation
1 year, 1 month ago
Atal Pension Yojana subscribers count cross 6-crore mark. Check details here
1 year, 3 months ago
Over ₹10 lakh crore under its watch, NPS to ease withdrawal options
1 year, 6 months ago
More than one lakh people opted for higher PF pension, Centre tells Rajya Sabha
2 years ago
NPS, APY subscribers rise 23% in FY23; over 1 cr customers added under Atal Pension Yojana
2 years ago
Explained | A breakdown of the higher pension scheme
2 years ago
Time to streamline the Provident Fund pension scheme
2 years, 2 months ago
Income tax payers cannot join this govt scheme from October. Details here
2 years, 7 months ago
PFRDA Looks to Offer Guaranteed Pension Programme Under NPS
2 years, 7 months ago
Subscribers Under PFRDA Pension Schemes Jump 24% to Over 5.32 Crore at May-End
2 years, 9 months ago
This Govt Scheme Offers Fixed Pension of up to Rs 5000 Per Month. Know Eligibility, Benefits
2 years, 11 months ago
Atal Pension Yojana enrolments cross four crore, says Union Ministry of Finance
2 years, 11 months ago
NPS Subscribers May Soon Get To Change Investment Pattern, Says PFRDA
3 years, 2 months ago
Customers can now subscribe to Atal Pension Yojana via Aadhaar eKYC: PFRDA
3 years, 4 months ago
Pension Rule Change: Now, you can Open Atal Pension Account Online; How to Do it
3 years, 4 months ago
Atal Pension Yojana Dominates Social Security Scheme with 66% Subscriber Base
3 years, 6 months ago
NPS Rule Change: Now, Withdraw Full Contributions Without Buying Annuity; Check Conditions Here
3 years, 9 months ago
PFRDA permits withdrawal of pension corpus of Rs 5 lakh without buying annuity
3 years, 9 months ago
EPFO Members Can Now Avail Second Covid-19 Advance; Here's All You Need To Know
3 years, 9 months ago
AUM of PFRDA crosses Rs6 trillion
3 years, 9 months ago
The Hindu Explains | Why is the government tweaking the National Pension System?
3 years, 11 months ago
EPFO likely to announce interest rates on provident fund deposits for FY 2020-21 today
4 years ago
Good news for National Pension System and Atal Pension Yojana subscribers: PFRDA to begin e-KYC services
4 years, 1 month ago
Atal Pension Yojana gets over 52 lakh new subscribers in FY21 so far
4 years, 2 months ago
PFRDA Provides Online Option to Subscribers to Exit from National Pension System
4 years, 2 months ago
With Over 3.68 Crore Subscribers, PFRDA Pension Corpus Touches Nearly Rs 5 Lakh Crore
4 years, 6 months ago
7 benefits of National Pension System
4 years, 9 months ago
Covid-19: Time for liberal withdrawal options for retirement funds
4 years, 10 months ago
PFRDA stops auto debit of contributions for 2.23 crore Atal Pension Yojana users
4 years, 11 months ago
NPS subscribers allowed partial withdrawal for COVID-19 treatment
4 years, 11 months ago
Govt to Allow Atal Pension Yojana Subscribers for Partial Withdrawal from PF fund Amid COVID-19, Says PFRDA
4 years, 11 months ago
Covid-19 impact: Govt relaxes rules for withdrawal from EPFO accounts
4 years, 11 months ago
Union Budget 2020-21: Pension fund regulator wants govt to double tax benefit under NPS to Rs 1 lakh
5 years, 3 months ago
Atal Pension Yojana has over 1.9 crore subscribers now
5 years, 4 months ago
Now Overseas Citizens of India can also subscribe to National Pension System: Govt
5 years, 4 months ago
Good News! PF interest to be credited before festive season. Check details here
5 years, 6 months ago

Discover Related