Home India Pension Fund Regulatory and Development Authority Mandatory Source Nodal Office Authorization for Inter-Sector...
Date: 2025-10-10 Category: Public Private Partnership in India State: Union Government Country: India

Mandatory Source Nodal Office Authorization for Inter-Sector Shifting (ISS) and Exit Requests for Government Sector Subscribers

Issued by Pension Fund Regulatory and Development Authority · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** This circular, issued by the Pension Fund Regulatory and Development Authority (PFRDA) on October 10, 2025, mandates that Source Nodal Office authorization is required for Inter-Sector Shifting (ISS) and exit requests for Government Sector subscribers under NPS, superseding earlier exemptions post-superannuation. This change aims to ensure robust control and oversight. The circular is effective immediately. **Key Points / Main Content** * **Mandatory Authorization:** * Source Nodal Office authorization is now mandatory for all cases of cessation of relationship between the subscriber and the Government/Government employer, including Inter-Sector Shifting (ISS). * **Scope of Application:** * The mandatory authorization applies uniformly across all segments within the Government sector, including Central and State Governments, and government-owned corporate entities. * The requirement applies irrespective of the subscriber's date of retirement or superannuation. * **Modification of Previous Circular:** * PFRDA Circular No: PFRDA/2022/39/SUP-CRA/14 dated 22.12.2022, which exempted such authorization post-superannuation, is modified to reflect the revised procedure. * **PoP Responsibilities (NPS Corporate Sector):** * PoPs servicing employees of PSUs/PSBs or any government-controlled entity must ensure that any request leading to cessation of relationship between subscriber and the concerned PSU/PSB (Exit or ISS) is processed only with due consent from the concerned employer. * Consent must be obtained through appropriate documentation/communication confirming the cessation of employment. * **Effective Date:** * This circular is effective immediately. **Impact Analysis** **All Govt Nodal Offices, Points of Presence, Central Recordkeeping Agencies and Subscribers under NPS** * **Impact:** * Nodal offices need to incorporate the mandatory authorization process for ISS and exit requests. * Subscribers will need to obtain authorization from the Source Nodal Office. * **Action Required:** * Update processes to comply with mandatory authorization for ISS and exit requests. * Ensure appropriate documentation and communication with relevant parties. **PoPs servicing employees of PSUs / PSBs / any entity under the ownership and control of Government, under NPS Corporate Sector Model** * **Impact:** * PoPs will need to get appropriate documentation/communication confirming cessation of employment for processing requests of exit of ISS from subscribers. * **Action Required:** * Update processes to include requirement of consent from employer, evidenced by documentation/communication confirming cessation of employment. * Process subscriber requests only with appropriate documentation from employer.

Key Entities Referenced

PFRDA: Pension Fund Regulatory and Development Authority, the regulator issuing this circular. NPS: National Pension System, the pension scheme to which this circular applies. Inter-Sector Shifting (ISS): Transferring of pension accounts between different sectors under NPS; the circular mandates authorization for ISS in certain cases. PFRDA Circular No: PFRDA/2022/39/SUP-CRA/14: Previous PFRDA circular dated 22.12.2022, being modified by this circular. Government Sector Subscribers: The specific group of NPS subscribers to which this circular primarily applies.
Official Source Record View Original Source →
See Full Document Text
Circular Circular No: PFRDA/2025/15/SUP-CRA/1 Date:10th Oct 2025 To All Govt Nodal Offices, Points of Presence, Central Recordkeeping Agencies and Subscribers under NPS Subject: Mandatory Source Nodal Office Authorization for Inter-Sector Shifting (ISS) and Exit Requests for Government Sector Subscribers-reg This is in reference to PFRDA Circular No: PFRDA/2022/39/SUP-CRA/14 dated 22.12.2022 which states that authorization of Inter Sector Shifting (ISS) requests by the source Nodal Office is not required after retirement/superannuation in the Government Sector and PSU/PSB Corporate Subscriber segments. 2. To ensure robust control and oversight in the processing of subscriber exit and sector shifting requests, it has been decided that source Nodal Office authorization shall be mandatory in all cases of cessation of relationship between the subscriber and the Government/Government employer, including inter-sector shifting. 3. This requirement shall apply uniformly across all segments within the Government sector, including Central and State Governments, and government- owned entities registered as corporates, irrespective of the subscriber’s date of retirement or superannuation. 4. Accordingly, the relevant provision under PFRDA Circular No: PFRDA/2022/39/SUP-CRA/14 dated 22.12.2022, which exempted such authorization post-superannuation, stands modified to reflect the revised procedure. 5. PoPs servicing employees of PSUs / PSBs / any entity under the ownership and control of Government, under NPS Corporate Sector Model shall ensure that any request of such subscriber leading to cessation of relationship between subscriber and the concerned PSU/PSB (i.e. any kind of Exit or ISS) shall be processed only with due consent from the concerned employer, by obtaining appropriate documentation/communication confirming such cessation of employment. 6. This circular shall be effective immediately. Yours sincerely, Chief General Managerपरिपत्र परिपत्र संख्या : पीएफआिडीए/2025/15/एसयुपी-सीआिए/01 दिनांक : 10 अक्टूबि 2025 प्रदि एनपीएस के अंतर्गत सभी सरकारी नोडल कार्ागलर्, उपस्थितत अस्थित्व, कें द्रीर् अतभलेखपाल एजेंतसर्ां और अतभदाता दिषय : सिकािी क्षेत्र के अदििािाओ ंके दिए इंटि सेक्टि दिफ्टंग (आईएसएस) िथा दनकास अनुिोध हेिु स्रोि नोडि कायाािय की प्रादधकृ दि अदनिाया दकए जाने के सन्दिा में र्ह पीएफआरडीए द्वारा जारी पररपत्र संख्या : पीएफआरडीए/2022/39/एसर्ूपी-सीआरए/14 तदनांक 22.12.2022 के संदभग में है, तजसमें कहा र्र्ा है तक सरकारी क्षेत्र और पीएसर्ू/पीएसबी कॉपोरेट अतभदाताओ ंके मामले में सेवातनवृति/अतिवतषगता के बाद स्रोत नोडल कार्ागलर् द्वारा इंटर सेक्टर तिस्थटंर् (आईएसएस) अनुरोिो ं को प्रातिकृ त करने की आवश्यकता नही ंहै। 2. अतभदाता की तनकासी और सेक्टर तिस्थटंर् अनुरोिो ंके प्रसंस्करण के दौरान मजबूत तनर्ंत्रण और तनर्रानी सुतनतित करने के तलए र्ह तनणगर् तलर्ा र्र्ा है तक इंटर सेक्टर तिस्थटंर् सतहत अतभदाता और सरकार/सरकारी तनर्ोक्ता के बीच संबंिो ंकी समास्थि के सभी मामलो ंमें स्रोत नोडल कार्ागलर् की प्रातिकृ तत अतनवार्ग होर्ी। 3. र्ह आवश्यकता कें द्र और राज्य सरकारो ंऔर कॉपोरेट के रूप में पंजीकृ त सरकारी स्वातमत्व वाली संिाओ ं सतहत सरकारी क्षेत्र के सभी खंडो ं में अतभदाता की सेवातनवृति र्ा अतिवतषगता की तारीख की अपेक्षा तकए तबना समान रूप से लार्ू होर्ी। 4. तदनुसार, पीएफआरडीए पररपत्र संख्या : पीएफआरडीए/2022/39/एसर्ूपी-सीआरए/14 तदनांक 22.12.2022 के अंतर्गत प्रासंतर्क प्राविानो ं में, तजसमें ऐसी प्रातिकृ तत को सेवातनवृति के बाद छू ट दी र्ई थी, संिोतित प्रतिर्ा को दिागने के तलए संिोिन तकर्ा र्र्ा है। 5. एनपीएस कॉपोरेट क्षेत्र मॉडल के अंतर्गत पीएसर्ू/पीएसबी/सरकार के स्वातमत्व और तनर्ंत्रण के अंतर्गत तकसी भी संिा के पीओपी सतवगतसंर् कमगचाररर्ो ंको र्ह सुतनतित करना होर्ा तक ऐसे अतभदाता के तकसी भी अनुरोि को तजसके कारण अतभदाता और संबंतित पीएसर्ू/पीएसबी के बीच संबंि की समास्थि हो रही हो (अथागत तकसी भी प्रकार की तनकासी र्ा आईएसएस) को के वल संबंतित तनर्ोक्ता से उतचत सहमतत, तजसमें इस तरह के रोजर्ार की समास्थि की पुति करने वाला उपर्ुक्त दिावेज/संचार िातमल है, के साथ ही संसातित तकर्ा जाए । 6. र्ह पररपत्र तत्काल प्रभावी होर्ा। भवदीर्, मुख्य महाप्रबंिक

Continue your research