Cpf and nps

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 February 2016 DEAR SIR/MADAM,
My Office has not implemented NPS from 2004, i have joined in govt service in 2008, from that day i have been covered under CPF, now in 2012 the office decided to implement NPS. In that process they have transfered the amounts accumlated in my CPF to NPS accounts along with additional 10% on DA also. And now they are asking me to pay the 10% DA portion of my contribution. Is it right process
Plz resolve our query

thanks

kailash

17 February 2016 CPC or NPS to be calculated 10% on Basic plus DA


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