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issue with national pension scheme arrears

Mar 15, 2017 at 05:54 AM

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Hi ALL,

The issue with national pension scheme (NPS) is that: If the Basic salary is increased in the month of April 2017 and effective date being December 2016. Once we run the retroactive payroll from December, the NPS amount which depends on the basic salary is not reflected. please suggest a solution for the same.

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2 Answers

Aman Tyagi
Mar 16, 2017 at 11:58 AM
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Hi Shutrashruba,

Please check the following notes:

2367463
2321531
2295032

These were released a little while back to deal with the issue of NPS arrears.

Best Regards,

Aman

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Hello Aman Sir,

We have already applied the above mentioned 3 notes into our system, but after that the issue is the NPS Basic arrears is getting added into the projection NPS Wagetype /3FT and /3FV, we want that as a separate Wagetype the basic NPS arrears, and should not be added into Gross salary.

How to go about this and solve this issue, please suggest?

Regards,

Shutashruba Das

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Rakesh Kumar Mar 23, 2017 at 11:12 AM
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Dear Shutashruba,

please check the retro configuration of NPS i.e. IN 42, IN43 and IN44

Thanx

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