The Pension Fund Regulatory & Development Authority (PFRDA) on November 17, 2023, issued an addendum to the Valuation Guidelines for securities held under NPS issued vide circular no. PFRDA/2019/23/REG-PF/4 dated November 21, 2019.
These guidelines will supersede the PFRDA (Identification, Income Recognition and Provisioning of NPA) Guidance Note 2013 as the valuation of securities under NPS is being undertaken on the principles of fair valuation and classification of debt securities (other than government securities) under NPS stands revised as detailed hereunder.
These guidelines shall also substitute the consequential changes/revisions in provisions of relevant guidelines/circulars/directions issued by the Authority.
These guidelines shall be effective from November 16, 2023.
Kindly find the guidelines attached to the document below.
[Notification No. PFRDA/2023/31/REG-PF/02]
