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26 Oct, 2021 09:24 PM

Railways enhances lump sum withdrawal limit on exit

Railways enhances lump sum withdrawal limit on exit

RBE No.75/2021

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. 2016/F(E)II/1(1)/3

New Delhi, Dated: 20.10.2021

The GMs/Principal Financial Advisors,
All Zonal Railways/Production Units (etc),
(As per mailing list)

Sub: Enhancement of Lump sum Withdrawal limit on Exit.

A copy of Pension Fund Regulatory and Development Authority (PFRDA)’s Circular No. PFRDA/ 2021/41/ SUP-ASP/06 dated September 21, 2021 is enclosed herewith for information and compliance to the extent pertaining to Government Sector.

2. The Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) Regulations, 2015 & The Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) (Amendment) Regulations, 2021, mentioned in the circular enclosed herewith have been adopted on Railways vide letters of even number dated 27.05.2016 & 10.08.2021, respectively.

(G.Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.




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