Para 16 — NPS
NPS
Original Rule Text
16. The CCS (Implementation of NPS) Rules, 2021, provided statutory meanings and defined the entitlement of a subscriber under different contingency of service including death, incapacitation, retirement, superannuation and termination. As per Rule 10 of the new Rules, every subscriber who joins under the scheme is required to give option in form-1 for availing benefits for family pension and also submit form-2 for detail of family. The option will be for retirement benefits either: -
(a) Under NPS Rules; or
(b) Under CCS(P) Rules, 1972; and CCS(EOP) Rules, 1939