Senior Legal Executive at National Pension System Trust [Salary Rs 80K]: Apply by Mar 26

About National Pension System 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.

About the Job

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.

Post: Senior Executive (Legal Matters related to Operations)

Eligibility

Bachelor’s degree in Law from a recognized university / college recognized by UGC and Bar Council of India

No. of Vacancies

1

Salary

Rs 80,000

Roles and Responsibilities

• Processing of exit and withdrawal claims;
• Analysis of policy framework under NPS architecture;
• Regulatory Compliance by Central Recordkeeping Agencies and Annuity Service Providers
• Drafting Frequently Asked Questions, process manuals and creating content for subscriber education;
• 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;
• Analysis of exceptional cases;
• Drafting Policies, Standard Operating Procedures and Manuals;
• Vetting of policies;
• 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;
• Follow-up with nodal offices where pendency in processing of exit & withdrawal claims is high;
• Handling the Ombudsman cases and follow up for closure;
• Compliance of Service Level Agreements executed with Central Record Keeping Agencies;
• Any other work / legal matters assigned by the department.

Duration 

2 years

Last Date to Apply

26th March 2025 by 6:00 PM.

Application Procedure

Candidates who strictly satisfy the eligibility norms may apply giving their bio data strictly in the format given in Section II for the posts. The candidates are also required to submit a brief profile (not exceeding 3 pages) regarding qualification, experience etc. along with the duly filled application. NPS Trust reserves the right to call for additional documents from the candidate to validate their claim with regard to eligibility for the post by email/post.

Failure to furnish the required documentary proof, within stipulated timelines, shall result in disqualification of the candidature of the candidate.

Applications along with supporting documents should be sent by ordinary/ speed post (without AD) in a cover super scribing ‘NPS Trust – Application for the post of Executive/Senior Executive (Exits and Withdrawals/Grievances/Legal Matters related to Operations) (Whichever is applicable) on contract in NPS Trust.’ to the following address:

General Manager (Human Resources), National Pension System Trust, Tower B, B-302, Third Floor, World Trade Centre, Block F, Nauroji Nagar, New Delhi 110029

The official notification is here.