Department of Pensions and Pensioners’ Welfare conducts review meeting on NPS Oversight Mechanism

#NPSOversightMechanism

Ministries/Departments to ensure welfare of NPS employees through National Pension System Oversight Mechanism

New Delhi: Department of Pensions and Pensioners’ Welfare (DoPPW) is committed towards the welfare of Central Government pensioners including those covered under National Pension System (NPS). In this regard, third review meeting on the status of setting up of NPS Oversight Mechanism was held under the Chairmanship of Shri V. Srinivas, Secretary (Pension) on 16.04.2025 with the Financial Advisor and the Nodal officers of 11 Ministries/Departments. Representative of M/s Protean have also attended the meeting.

In the meeting, Secretary (Pension) reviewed and emphasized upon timely credit of deduction made from the salary of Central Government employees towards their contribution to NPS, as also the applicable contribution of the Central Government, to the NPS financial architecture and redressal of grievances of Central Government employees. Further, Ministries/Departments were requested to constitute NPS oversight Mechanism and hold periodic meetings of the Committee and submit their six monthly report along with timely generation of PRAN and remittance of monthly contribution.

To ensure better monitoring, DoPPW has developed an online portal with URL https://pensionersportal.gov.in/NPS for submission of six monthly report.

The constant review of the implementation of NPS would enhance timely remittance of fund into NPS architecture and also reduce grievance of employees covered under NPS.