The National NPS Reforms Coordination Committee

13/05/2025

Shout out to my newest followers! Excited to have you onboard! Ramesh Gond, Sunil Kumar, Deven Annavey

12/05/2025

12/05/2025

The National NPS Reforms Coordination Committee (NNRCC)has again urged the Ministry of Finance to urgently reform NPS framework for PSBs Employees, citing financial losses due to restrictions on choosing or switching PFMs & investment options. Despite PFRDA guidelines allowing such flexibility and post continuous follow up in the matter, Bank of India, Punjab & Sind Bank have recently allowed their Employees this flexibilties however, most banks have not implemented these provisions yet.The NNRCC calls for immediate action to enable the choices & Appeals to NPS employees for support in their mission for pension justice.

Jhataklal Yadav
National Coordinator, The NPS Reforms Coordination Committee

30/03/2025

Punjab & Sind Bank granted its employees the flexibility to select fund managers and adjust fund allocations.

30/03/2025

The National NPS Reforms Coordination Committee has addressed the issue, leading to Punjab & Sind Bank granting its employees the flexibility to select fund managers and adjust fund allocations.

16/03/2025

16/03/2025

PFRDA should reconsider its circular, particularly point no. 1(iii), which appears to favor employees of corporates enrolled under NPS prior to 24.11.2018. Despite repeated efforts to raise this issue with PFRDA, no concrete actions have been taken so far. However, our engagements with the Department of Financial Services, Ministry of Finance, Government of India, have shown promising results, with several public sector banks making progress in this direction.

15/03/2025

Advocating for fair retirement policies & driving reforms in the National Pension System (NPS) & transitioning it into the Old Pension Scheme (OPS).