MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No. 2016/F(E)III/1(1)/3 New Delhi, dated: 30.11.2023.
The General Managers/Principal Financial Advisers,
All Zonal Railways/Production Units etc.,
DGs of RDSO and NAIR.
Sub:- Facility of Systematic Lumpsum Withdrawal (SLW) for NPS Subscribers-regarding.
A copy of Pension Fund Regulatory and Development Authority (PFRDA)’s Circular No. PFRDA/2023/30/SUP-CRA/10, dated 27.10.2023 on the above cited subject is enclosed for information and compliance. The instructions contained therein shall apply mutatis mutandis on
Railways also.
2. The PFRDA (Exits and Withdrawals under the NPS) Regulations, 2015 mentioned in circular dated 27.10.2023 were adopted on Railways vide letter of even number dated 27.05.2016.
3. Please acknowledge receipt.
(Sanjay Prashar)
Joint Director, Finance (Estt.)IT
Railway Board
Click on RBE No. 130/2023 to download