NPS Accumulation on Mobility of personnel amongst Central/State and Autonomous Bodies

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

RBA No. 76/2020

No. 2020/AC-II/21/7

New Delhi, dated 18.09.2020

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General Managers/PFAs,
All Indian Railways & PUs etc.

Sub: ACS No. 150- Introduction of new detailed head in Indian Railway Finance Code Vol. II for Accountal of NPS Accumulation on Mobility of personnel amongst Central/State and Autonomous Bodies while working under Pensionable establishment.

Please connect Board’s letter No. F(E)III/2005/PN1/35 dated 19.08.2020 circulating Department of Pension and Pensioners’ Welfare(DOP&PW)’s O.M. No. 28/30/2004-P&PW (B) dated 11.06.2020. As regards instructions with respect to para 9 of DOP&PW’s letter ibid, the accountal of corpus of NPS account of Railway employees will be as follows:

Serial numberCategoryPrescribed minimum base stipend
amount for 1st year of training
(1)(2)(3)
(i)School   pass-outs ( class 5th   –₹ 5000 per month
class 9th )
(ii)    School   pass-outs ( class 10th)₹   6000 per month
(iii)School   pass-outs ( class 12th)₹   7000 per month
(iv)    National or State Certificate holder₹ 7000 per   month
(v)Technician (vocational) apprentice or
Vocational Certificate
holder or Sandwich Course (Students
from Diploma Institutions)
₹ 7000 per   month
(vi)    Technician apprentices or diploma holder
in any stream or sandwich
course (students from degree institutions)
₹ 8000 per   month
(vii)Graduate apprentices or Degree apprenticeship or
degree in any stream
₹ 8000 per   month
(viii)Skill   certificate holdera. stipend as per his/her educational qualifications as mentioned in the table above
b. In case, he does not fall in any of the above
categories, he/she will get a
minimum stipend of INR 5000/-per month.

Contents of the correction slip may please be circulated suitably. Kindly acknowledge receipt.

DA: As above.

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(Sanjeev Sharma)
Director Finance/Accounts
Railway Board

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