Tel: 29244152-58
Fax: 29244149
(AN AUTONOMOUS ORGANISATION OF MINISTRY OF HRD,
DEPARTMENT OF SCHOOL EDUCATION & LITERACY),
A-28, KAILASH COLONY,
NEW DELHI – 110 048.
To
1. The Deputy Commissioner, Navodaya Vidyalaya Samiti, All Regional Offices.
2. The Director/Incharge, Navodaya Leadership Institute,All NLIs.
3. The Principal, Jawahar Navodaya Vidyalaya, All JNVs.
4. The DDO(Hqrs.), NVS Hqrs., New Delhi.
Subject: Implementation of New Pension Scheme for the employees of NVS-
Remittance of
monthly contributions thereof regarding.
Sir/Madam,
This has a reference to the Notification No.F.18-1/2008-NVS(Admn.) dated 4.8.2009, issued by NVS Hqrs., notifying thereby that the New Pension Scheme of Government of India shall be applicable to all regular employees of NVS and this will come into force w.e.f 1.4.2009.
2. The above Notification inter-alia also stipulates that all regular employees of NVS joining on or after 1.4.2009 shall become members of the New Pension Scheme. However, those employees who had joined NVS on regular basis before 1.4.2009 shall have the option either to continue with the existing CPF Scheme or to join the New Pension Scheme. In case of opting for the New Pension Scheme, the amount accumulated as on 1.4.2009 in the CPF Account of the employees, will be transferred to the pension fund under the New Pension Scheme. This option can be exercised within 3 months from the date of issue of the Notification and if an employee does not exercise the option within the stipulated period, it will be presumed that the employee is not willing to join the New Pension Scheme.
3. With a view to implement the New Pension Scheme under Tier I of the pattern prescribed by the Government and till the regular Central Record keeping Agency and Pension Fund Managers are appointed in respect of NVS, it has been decided that the monthly contribution of NVS employees who are covered under the New Pension Scheme and the Samiti’s (Government) contribution thereon, shall now be recovered from the monthly Pay bill from March,2010 onwards. The contributions of the employees will be calculated @ 10% of their Basic Pay+ Grade Pay + DA admissible to them. The amount of contribution shall be rounded off to the nearest rupee. In respect of employees who have joined the Samiti during April, 2009, their contribution shall become due for recovery from the month of May, 2009 (i.e from the salary of the month following the month in which the employee has joined NVS).

ANNEXURE-I
MONTHLY REMITTANCE SCHEDULE TOWARDS NPS FUND ACCOUNT FOR NVS EMPLOYEES FOR THE MONTH OF_________________IN RESPECT OF (NAME OF UNIT)_______________
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Sl.No |
Name of Employee |
Designation |
Date of Joining in NVS |
Regular Contribution |
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Basic Pay |
Grade Pay |
DA |
Total Salary |
10% of total Salary (Col.8) employees contribution (Amount-in Rs.) |
Samiti’s Contribution
(Amount-in Rs.) |
Total (Col. 9+10)
(Amount-in Rs.) |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
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Total |
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Certified that the total contribution of Rs………(Rupees only ) has been recovered/ charged from the pay bill and this is being remitted to Centralised CPF Unit, Chandigarh by Electronic Mode (i.e RTGS/CBS/NEFT through______________Bank) / Demand Draft No.______ Date Drawn on )
Signature of DDO/Controlling Officer
ANNEXURE-I A
MONTHLY REMITTANCE SCHEDULE TOWARDS NPS FUND ACCOUNT FOR NVS EMPLOYEES FOR THE MONTH OF_________________IN RESPECT OF (NAME OF UNIT)_______________
|
Sl.No |
Name of Employee |
Designation |
Date of Joining in NVS |
Arrear Contribution |
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Month |
Basic Pay |
Grade Pay |
DA |
Total |
10% of total Salary (Col..9) employees contribution (Amount-in Rs.) |
Samiti’s Contribution
(Amount-in Rs.) |
Total (Col. 10+11)
(Amount-in Rs.) |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
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12 |
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Total |
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Certified that the total contribution of Rs………(Rupees only ) has been recovered/ charged from the pay bill and this is being remitted to Centralised CPF Unit, Chandigarh by Electronic Mode (i.e RTGS/CBS/NEFT through______________Bank) / Demand Draft No.______ Date Drawn on )
Signature of DDO/Controlling Officer