What @ employees working in private / Public limited Firms?
by avadhut kamble on May 24, 2007 09:36 AM Permalink | Hide replies

What about employees who are working in public limited companies and covered under provident Fund act.Do they be a part of the NPS?

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RE:What @ employees working in private / Public limited Firms?
by Ram Prakash on May 24, 2007 09:43 AM Permalink
yes please can somebody tell us what abut the private limited company ..is there any benifits for them also..??

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RE:What @ employees working in private / Public limited Firms?
by SANJAY PARDHI on May 24, 2007 10:14 AM Permalink
No.The NPS is not applicable to individuals covered by the Provident Fund Act.All Public and Private Sector Employees are covered under EPFO (Employees Provident Fund Organisation)and there is a separate Family Pension Scheme for those having minimum 10Yrs continuous membership.

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RE:What @ employees working in private / Public limited Firms?
by Vitthal Sawant on May 24, 2007 09:52 AM Permalink
The new pension system will be voluntary for self-employed individuals, private companies and the un-organised sector, and there will be no contribution from the government in respect of individuals who are not government employees.

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