PENSION FUND REGULATORY AND DEVELOPMENT … · · 2017-02-22Award to Canara Bank for best...
2
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE PFRDA conducts Review cum Strategy Meeting with Service Providers under APY/NPS. The APY was launched by Honourable Prime Minister of India on 09 th May, 2015 and became operational from 1 st June, 2015. APY is available for all citizens of India in the age group of 18-40 years. Under the APY, the subscribers would receive a minimum guaranteed pension of Rs. 1000 per month, Rs. 2000 per month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 years, depending on their contributions, which itself would vary on the age of joining the APY. There are more than 43 lacs subscribers registered in the scheme till date. 2. PFRDA had conducted review cum strategy meeting on 10.02.2017 at Bangalore & on 13.02.2017 at Chennai for Public Sector Banks, Private Sector Banks and Regional Rural Banks and POPs having their head office in southern part of India. 3. Shri A G Das, Chief General Manager, PFRDA had addressed the meeting where Chairmen/Senior officials of the Banks/RRBs were present. A review on the past and current performance of the banks vis-a-vis their target for last and current financial year was conducted. The APY service providers-Banks had shared their action cum strategy plan to meet stipulated target in last quarter of the FY 2016-17, this activity was performed to highlight the importance of Atal Pension Yojana (an old age income security scheme of Govt. of India) and to address the issues in promoting the scheme to grass root level. 4. PFRDA had awarded best performing branches/banks in the meeting for their outstanding performance in various campaigns organised by DFS/PFRDA : 1/2 Meeting with PSBs, RRBs and Private Banks at Bangalore for APY & NPS
Transcript of PENSION FUND REGULATORY AND DEVELOPMENT … · · 2017-02-22Award to Canara Bank for best...
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
PRESS RELEASE
PFRDA conducts Review cum Strategy Meeting with Service Providers under APY/NPS.
The APY was launched by Honourable Prime Minister of India on 09th May, 2015 and became operational from 1st June, 2015. APY is available for all citizens of India in the age group of 18-40 years. Under the APY, the subscribers would receive a minimum guaranteed pension of Rs. 1000 per month, Rs. 2000 per month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 years, depending on their contributions, which itself would vary on the age of joining the APY. There are more than 43 lacs subscribers registered in the scheme till date.
2. PFRDA had conducted review cum strategy meeting on 10.02.2017 at Bangalore & on 13.02.2017 at Chennai for Public Sector Banks, Private Sector Banks and Regional Rural Banks and POPs having their head office in southern part of India.
3. Shri A G Das, Chief General Manager, PFRDA had addressed the meeting where Chairmen/Senior officials of the Banks/RRBs were present. A review on the past and current performance of the banks vis-a-vis their target for last and current financial year was conducted. The APY service providers-Banks had shared their action cum strategy plan to meet stipulated target in last quarter of the FY 2016-17, this activity was performed to highlight the importance of Atal Pension Yojana (an old age income security scheme of Govt. of India) and to address the issues in promoting the scheme to grass root level.
4. PFRDA had awarded best performing branches/banks in the meeting for their outstanding performance in various campaigns organised by DFS/PFRDA :
1/2
Meeting with PSBs, RRBs and Private Banks at Bangalore for APY & NPS
4. PFRDA had offered capacity building assistance for Staffs/BCs of the banks and other promotional material assistance as well. PFRDA expects good number of enrolments in last quarter of FY 2016-17.
****************** 2/2
Award to Narayanguda Branch, Canara Bank for outstanding performance in APY
campaign.
Award to Kopal Branch, Union Bank of India for outstanding performance in APY
campaign.
Award to Canara Bank for best performance in campaign under NPS.
Award to Canara Bank for best performance in campaign under NPS.
Award to Syndicate Bank for best performance in campaign under NPS.
