Tuesday, March 29, 2016

GO MS No 37 Procedure for Uploading the Contributions of CPS for Regular Govt Servants

GO MS No 37 New Pension Scheme NPS-Contributory Pension Scheme-Procedure for Uploading the Contributions of the Regular Government  servants, who come under NPS and who are working on Foreign Services-Orders Issued.

The Director of Treasuries and Accounts Telangana State informed that as per the New Pension Scheme, a Govt servant can contribute 10% of his pay and DA towards his part of contribution and the Govt contributes equal amount to the Pension Retirement Account Number PRAN of the Govt servant concerned. In respect of regular sysytem the treasury officers can capture the details of CPS deductions of every Govt servant from pay bills concerned. draw equalent amount towards the Govt contribution to the NPS Account of the Govt servant concerned. This kind of procedure not possible in respect of Govt servants working with certain borrowing authorities on Foreign Service Terms, since the pay and allowances of the employee are not drawn from treasuriea and accounts. Telangana Hyderabad has proposed a detailed procedure in order to fecilitate uploading the data and transfer of CPS contributions of all such employees who are working on Foreign Services. Govt after careful examination of the matter hereby issue the following detailed procedure for uploading the CPS contribution of employees as well as employees share to the central Record-Keeping Agency CRA.
Click here to Download GO MS No 37 Dt 28.03.2016