“We would like to bring to
your kind attention that NPS Trust will start recovering fee/charge @ 0.01% of
the AUM on daily accrual basis to meet its expenditure, with effect from 1st November, 2015which
has been approved by Pension Fund Regulatory and Development Authority.”
All the subscribers of the NPS would have
received this message by mail or by sms. All India Central Excise Inspectors
Association, Kerala Circle view this development with utmost caution. The matter was taken up in the
Thiruvananthapuram district committee meeting of Confederation of Central
Government Employees and it has been assured that the issue would be taken up
at the National Level. Similarly the issue has been taken up with the other
Associations in the Central Government Department and it is learned NFPE, a
prominent organization in the Postal Department, is taking up the issue within
the organization as well. It is requested that the respective units may take up
this issue with the respective committees of the Confederation of Central
Government Employees.
S/d
Prabodh
S
President
