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Monday, January 5, 2015

Amendment to PFRDA (Preparation of Financial Statements and Auditor’s Report of schemes under National Pension System) Guidelines-2012

Amendment to PFRDA (Preparation of Financial Statements and Auditor’s Report of schemes under National Pension System) Guidelines-2012

Pension Fund Regulatory 
& Development Authority
1st Floor, ICADR Building,
Plot No. 6, Vasant Kunj 
Institutional Area, Phase - II, 
New Delhi - 110070 
Tel : 011-26897948/26897949
Fax : 011-26897938 

CIRCULAR

PFRDA/2015/01/PFM/01

Date: 05 Jan. 2015
All Pension Fund Managers,
CRA
Custodian Trustee bank NPS Trust Auditors

Subject: Amendment to PFRDA (Preparation of Financial Statements and Auditor’s Report of schemes under National Pension System) Guidelines-2012

The Clause 6 of the PFRDA (Preparation of Financial Statements and Auditor’s Report of schemes under National Pension System) Guidelines-2012 has been amended to -

‘Every PF shall have the financial statements of scheme audited by an external auditor who is not in any way associated with the audit of the PF or sponsor of the concerned PF or any other PF or schemes of any other PF. Scheme auditor will be appointed by the NPS Trust and audit fee will be paid by Pension Funds after obtaining approvals for payments from NPS Trust


Sumeet Kaur Kapoor
(General Manager)
Source: http://www.pfrda.org.in/

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