Tuesday, April 16, 2024

New NPS rules will go into effect on 1st of April! login to be done in this way

New NPS rules: There is crucial news for you if you also receive pension scheme benefits. PFRDA has made a significant move that will help its clients. PFRDA has now strengthened account security. Two-factor authentication has been enabled to strengthen account security & NPS.

NPS

It would help if you had two-factor authentication

to access the Central Record Keeping Agency (CRA) system. You won’t be able to log in without this. PFRDA released a circular on this subject on February 20, 2024. On April 1, the new system will go into effect. The CRA has developed a mechanism to finish the NPS-related tasks. A web-based application system is called CRA. The updated login procedure will go live from April 1, 2024.

NPS What did the circular say?

According to a government circular released on February 20, the decision was made to implement two-factor authentication to ensure the security of users gaining access to the CRA system. In addition to adding additional security elements, this decision was made to safeguard client interests.

NPS

Controls NPS

The PFRDA regulates the national pension scheme. The central government is in charge of this pension plan. 1.36 crore individuals were enrolled as of September 16, 2023 (excluding NPS Lite).

Read More: Validity of driving license & learner driving license increased by Road Transport Ministry

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