Hello,
My problem: I opened an NPS Tier 1 account in May 2010 while working in a corporate (private) hospital. In May 2011, I resigned to join a central govt. post. Although I informed my new employer in writing about my pre-existing NPS account, they deposited the money deducted from my monthly salary in another scheme.
As I did not know that I also had to inform the PFRDA about the sector shift, I deposited Rs. 5000/- in my NPS account in Dec 2011 and Dec 2012 so as to keep up the minimum contribution.
Now I am told by the helpful NPS call centre executive that this is not allowed (extra contribution by govt. employees) and I should have submitted a Subscriber Shifting Form (ISS-1) to the NPS at the time of joining. Since it was not done then, it should now be sent by my office. The clerk in my Institute has no idea of what to do.
Could someone please tell me: 1) what happens to the Rs. 10000/- I put in my Tier 1 account while working as a central govt employee. 2) can I fill and give ISS-1 form myself to the PFRDA? If yes, to whom does it go?
Thanks in advance,
P Sharma, Chandigarh
