"Old Pension Scheme Notified by Himachal Pradesh Govt from Apr 1, 2023" The government of Himachal Pradesh has officially notified the re-introduction of the old pension scheme, which will come into effect starting from April 1, 2023. This decision … [Read more...]

NPS Govt Contribution Rate: 14% of Basic + DA The Central Government has increased the mandatory contribution by Central Government from 10% to 14% of the basic pay+DA for all the Central Government employees covered under National Pension System … [Read more...]

National Convention on NPS and Pension Scheme Restoration "The National Pension System for employees recruited on or after 1.1.2004 is to be withdrawn and replaced with the old pension scheme under CCS (Pension) Rules 1972. Additionally, the GPF … [Read more...]

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...]

Family Pension for NPS Employees Who Have Passed Away The Department of Pension & Pensioners Welfare has made it clear that the commencement of NPS contribution or the generation of PRAN is not a requirement for the payment of pensionary benefits … [Read more...]

Significant Requirements for Transitioning from OPS to NPS The government has provided clarity on the significant requirements for transitioning from OPS (old pension scheme) to NPS (new pension scheme). The Department of Posts has recently passed an … [Read more...]