April 25, 2024

Workshop on NPS

TAP | Updated: April 16, 2018

 

ITANAGAR, Apr 16: The Directorate of Accounts & Treasuries, GoAP in collaboration with Pension Fund Regulatory and Development Authority (PFRDA) and National Securities Depository Limited (NSDL) on Monday organised a daylong workshop cum training on National Pension System (NPS) at the Dorjee Khandu Convention Centre here.

Chief Secretary in-charge, Kaling Tayeng, explained in detail the benefits of NPS over GPF or General Provident Fund, which was the pension system adopted by the government before NPS.

He said that NPS, in which the government makes an equal contribution, is beneficial to both the employees as well as the government. Tayeng further urged the officers to attend the entire workshop to learn the nuances of this pension system so as to effectively implement it in their respective districts.

In 2007, the Government of Arunachal Pradesh had introduced NPS for all its regular employees who were appointed on or after 1st January 2008. Here, a government servant has to contribute 10 percent of his basic pay, dearness pay and dearness Allowance while the government too makes an equal matching contribution.

The training was attended by the all the finance and accounts officers, treasury and sub-treasury officers.

Finance Secretary, Y WRingu, Accounts and Treasuries director, Techi Tedi were also present on the occasion amongst others.

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