Govt Contribution to NPS & EPS - Monthly Benefits Explained The National Pension Scheme (NPS) and Employee Pension Scheme (EPS) are supported by the government through monthly contributions. These contributions play an important role in ensuring … [Read more...]
Implementation of National Pension System (NPS) in Central Autonomous Bodies (CABs)
"Implementing NPS in Central Autonomous Bodies" The implementation of the National Pension System (NPS) in Central Autonomous Bodies (CABs) is a significant step towards providing better retirement benefits to employees. This system is designed to … [Read more...]
Scrapping of No Guarantee NPS by NC JCM Staff Side
Memorandum for Scrapping of No Guarantee NPS by NC JCM Staff Side The National Council JCM Staff Side has come together to voice their demand for the abolishment of No Guarantee NPS and the restoration of Old Pension Scheme. During a meeting held on … [Read more...]
Options Under CCS NPS Rules to Avail Old Pension Benefits On Death of Govt Employee
Avail Old Pension Benefits on Death of Govt Employee | CCS NPS Rules Orders issued by DoPPW on October 26th, 2022 state that if a Subscriber passes away while still in service, their final option exercised before their death will be considered as the … [Read more...]
NPS – TTS: Change in Operational Guidelines for NPS Tier 2
NPS Tier 2 Operational Guidelines Update | TTS The National Pension Scheme Tier II- Tax Saver Scheme, 2020 (NPS-TTS) has undergone some changes in its operational guidelines. These changes have been put in place to better serve the needs of taxpayers … [Read more...]
Old Pension Scheme is not considered a feasible proposition in the current scenario – Central Govt
Scrapping National Pension System - Old Pension Scheme for Appointees The idea of scrapping the National Pension System and reverting to the old pension scheme for all appointees on or after 1.1.2004 has been deemed unfeasible in the current … [Read more...]
Notification regarding Old Pension Scheme: NVS
Notification regarding OPS: NVS New Pension Scheme has already been made applicable to the employees who Joined Samiti on or after 01.04.2009 and option was also provided to the employees who joined upto 31.03.2009 for opting NPS or to continue with … [Read more...]
Contract for Old Pension Scheme
Contract for Old Pension Scheme | Pension Solutions Office Memorandum No. 57/04/2019-P&PW(B) dated 17th February, 2020 "Where the results for recruitment were declared before 01.01.2004 against vacancies occurring on or before 31.12.2003, the … [Read more...]
One time option from National Pension System (NPS) to Old Pension Scheme (OPS) to certain category of Central Govt Employees
One-Time Option From NPS to OPS for Central Govt Employees The Department of Pension and Pensioners’ Welfare issued an another order with detailed clarifications for the eligible employees to switch over from National Pension System to Old Pension … [Read more...]
Implementation of National Pension System by Central Autonomous Bodies
Introducing the National Pension System – a simple and efficient way to save for your retirement. The implementation of the National Pension System by Central Autonomous Bodies represents a significant step towards ensuring the financial security of … [Read more...]
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