NPS Trust Officer Grade A (Assistant Manager) Salary 2024

The National Pension System Trust has recently released the NPS Grade A notification 2024 for the post of Assistant Manager. The NPS Grade A recruitment is an excellent opportunity for candidates who wish to make a career in the government sector. Therefore, knowing the salary details of the NPS Trust Grade A Officer is the prerequisite for all the aspirants applying for it. A peek into the detailed NPST Grade A salary 2024 will help you gauge the benefits and perks that a government job provides to its employees. Go through the details below for detailed knowledge about the NPS Trust Assistant Manager salary structure 2024. 

NPS Trust Officer Grade A (Assistant Manager) Salary Details

All the employees of the NPS Trust are paid a good salary. As an NPS Trust Grade A Officer, your starting pay will be Rs 44,500. This will increase as one spends years of service with the organization. The maximum salary that you will receive, excluding perks and allowances, with the passage of the years is Rs 89,150.  In short, the total CTC of NPST Officer Grade A at the beginning of service will be approx. Rs. 25 Lakhs per annum.

PostSalary
NPS Trust Officer Grade A (Assistant Manager)
  • PAY: The pay scale of Officers in Grade A is Rs. 44500 - 2500 (4) - 54500 - 2850 (7) -74450 - EB - 2850 (4) – 85850-3300(1)-89150 (17 years). Presently, the gross emolument includes NPS Trust’s contribution towards National Pension System (NPS), Grade Allowance, Special Allowance, Dearness Allowance, Local Compensatory Allowance, Housing Allowance, Learning Allowance and Special Grade Allowance
  • BENEFITS: Other benefits include viz., Leave Fare Concession, Medical Expenses (Hospitalisation and Non-Hospitalisation), Personal Accident Insurance, Eye Refraction/ Cost of Spectacles, Education Allowance, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning Allowance, Staff Furnishing Scheme, Scheme for Purchasing Computers and all other benefits as are admissible to an Officer Grade A in NPS Trust.
  • CTC: Total CTC consisting of Pay and Benefits for the post of Officer Grade A at the beginning of scale of pay would be approx. Rs. 25 Lakh Per annum.

Increment Table For NPS Trust Grade A Officer

After joining, you will draw the initial NPS Trust Grade A Officer salary of Rs 44,500 / month. You will be given an increment of Rs 2500 for the first four years. After 4 years of your service, your increment will be raised to Rs 2850, which will be applicable for the next 7 years. After this increment, your basic pay will be Rs 74450. Your last increment will be Rs 3300, and the maximum basic pay that you will receive is Rs 89,150.

Check the table below for more detailed information on the increment of a NPS Trust Grade A Officer.

Time DurationBasic SalaryIncrement Amount
First 4 years Rs 28150 Rs 1550
Next 7 years Rs 34350 Rs 1750
Next 4 Years Rs 46600 Rs 1750
Next 1 year Rs 53600 Rs 2000

Perks And Additional Benefits of NPS Trust Officer Grade A (Assistant Manager) 

As an NPS Trust Grade A Officer, you will get various allowances as mentioned below besides salary.

  • Grade Allowance
  • Special Allowance
  • Dearness Allowance
  • Housing Allowance
  • Leave Fare Concession
  • Medical Expenses (Hospitalisation and Non-hospitalisation)
  • Personal Accident Insurance
  • House Cleaning Allowance
  • Eye Refraction/Cost of Spectacles
  • Education Allowance
  • Financial Dailies
  • Book Grant
  • Briefcase
  • Conveyance Expenses
  • Staff Furnishing Scheme
  • Scheme for Purchasing Computers

These are some allowances. There are many for which you will be eligible.

NPS Trust Officer Grade A (Assistant Manager) Probation Period/Posting 

If you get selected as an NPS Trust Grade A Officer, you will be on a probation period of 1 year which may be extended further in case of unsatisfactory performance. Your posting will be in Delhi but is liable to get transferred anywhere in India. Furthermore, recruited candidates will be subject to the regulations outlined in the NPS Trust employee's service rules, including any subsequent amendments made over time.

NPS Trust Grade A Career Growth

As you progress in your career as an NPS Trust Grade A Officer,   you will undergo a career progression path. You will enter as an Assistant Manager in NPS Trust. As far as promotions are concerned, one gets promoted only after going through departmental exams and interviews, further promotions bring in considerable prestige and pay hikes. The NPS Trust Grade A promotion hierarchy from the post of Assistant Manager has been given below.