Background
Milestones
Organogram
Board of Directors
Lotedh Scheme
Social Club
Senior Management
Management Staff
Membership
Process
Requirements
Remittance of contribution
Retirement of Employee
Joining the scheme
Retirement from service
Education Loan
Student Loan
Housing Loan
Member Home Loan
Member Loan
Eligibility Criteria and Benefit Formula
Preparing for Retirement
Benefits
Dos and Don'ts for pensioners/beneficiaries and pension disbursing agencies.
Benefit Disbursement
Becoming a pensioner
Compliance Matters
Investment Product and Service
Corporate Loans
Real Estates
Returns
Career
Other Annoucement
Tender/Quotation
Flat Vacancy
Executive Order
Annual Reports
Updation of Spouse /Children Form
PF Claim Form
Non-Remarriage Certificate
Lotedh Agreement
Enrollment Form - Armed Force
Enrolment Form - Civil
Member Home Loan Form
Education Loan Form (For Civil Servant and RBP)
Member Loan Application Form (Corporations and RBA/RBG)
Loan Care Insurance Form
Student Loan Application Form
Education Loan Form (Corporations and RBA/RBG)
Housing Loan Form
Member Loan Application Form (For Civil Servant and RBP)
Job Application Form
There are two two types of benefits provided by NPPF: Pension and Provident Fund.
Provident fund is paid in lump-sum i.e. accumulated contribution and rate of return. The rate of return is declared and credited to each individual account based on the investment performance. The rate of return is credited to contribution as well as accumulated interest.
Pension is a stream of income paid regularly to the members qualified for monthly pension with a minimum of 10 years of contribution and retired attaining the superannuation age. The benefit is defined by the formula that specifies the amount of benefit as percentage of basic salary.
Armed Forces
Monthly pension = (45% x Final Basic Salary x No.of years of service)/27 Where, Final Basic Salary is the average of the last 12 months.
For civil employees
Monthly pension = (40% x Final Basic Salary x No.of years of service)/30
Early pension prior to five years of superannuation age is paid with reduced pension amount of 6% per annum. Members who are not qualified for monthly pension are paid lump-sum benefit i.e. all the contributions and d rate or return. Read more for eligibility criteria and pension benefit amount.
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