Recruitment of Staff on Contract in NPS Trust

The National Pension System Trust (NPS Trust/Trust) has been established by the Pension Fund Regulatory and Development Authority (PFRDA/Authority) as per the provisions of the Indian Trusts Act, 1882, for taking care of the assets and funds under the National Pension System (NPS) and other schemes as authorised by PFRDA in the interests of the subscribers.

NPS Trust invites applications from eligible Indian citizens for filling up the following posts on contractual basis. NPS Trust reserves the right to increase or decrease, fill or not to fill up the posts or modify the requirements either full or in part or to terminate the process at any stage and accordingly, the applicants shall have no right to participate further in the selection process. The Posts are purely contractual in nature and candidates shall have no right whatsoever for permanent appointment in NPS Trust under any circumstances.

JOB PROFILE

Department: Legal Matters related to Operations

1. Processing of exit and withdrawal claims;

2. Analysis of policy framework under NPS architecture;

3. Regulatory Compliance by Central Record keeping Agencies and Annuity Service Providers

4. Drafting Frequently Asked Questions, process manuals and creating content for subscriber education;

5. Random checking of the exit & withdrawal claims already settled (exit on superannuation, pre-mature exit, exit due to death, partial withdrawals during subscription under NPS etc.);Audit of the claims processed;

6. Analysis of exceptional cases;

7. Drafting Policies, Standard Operating Procedures and Manuals;

8. Vetting of policies;

9. Managing and processing of account Re-activation cases, withdrawal cases and Exceptional Cases received from the subscribers / Central Recordkeeping Agencies / nodal offices / other intermediaries under the NPS architecture;

10. Follow-up with nodal offices where pendency in processing of exit & withdrawal claims is high;

11. Handling the Ombudsman cases and follow up for closure;

12. Compliance of Service Level Agreements executed with Central Record Keeping Agencies;

13. Any other work / legal matters assigned by the department

Filled-in physical application form as given in this notification should reach NPS Trust by : 26th March 2025 by 6:00 PM.