New Pension Scheme – JMI Adjudged Best Performer
New Delhi: Jamia Millia Islamia has been adjudged as the best performer among 557 Central Autonomous Bodies (CABs) for the practices adopted in the implementation and effective monitoring of the New Pension Scheme (NPS) by the PFRDA (Pension Fund Regulatory and Development Authority). JMI was adjudged the best performer in NPS implementation on the basis of the following five practices adopted by the university: Timely Registration with NSDL and to obtain the PRAN, Initiation of timely pay deduction, Timely and error-free upload with NSDL website, followed by RTGS and credit to the respective subscribers’ account within 7 days of relevant pay month, effective and timely exit / withdrawal on online basis and partial withdrawal on timely basis.
A three-member team comprising officials from the Finance Office JMI, namely, Mr. Noorul Hoda (Asstt. Registrar), Mr. Ahmad Vajihuddin (Section Officer) and CA. Nida Sultan (Financial Consultant) were selected to attend the conference on NPS implementation and make a presentation on behalf of the university. JMI had been invited to give a presentation on the best practices adopted by the University with the objective to guide and encourage other CABs to enhance their performance and implementation of NPS.