Major demand of Central Government employees – Reversion to Old Pension Scheme from Existing National Pension System
“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 has been made to address the concerns of employees who were dissatisfied with the new pension … 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 Tier-I with effect from 1.4.2019. [lwptoc numeration=”none” title=”Table of Contents” toggle=”0″ width=”full” titleFontSize=”18px” itemsFontSize=”18px” linkColor=”#dd3333″ skipHeadingLevel=”h1,h2,h4,h5,h6″] … Read more
NPS to OPS latest order The General Secretary of the National Council (Staff Side) Joint Consultative Machinery for Central Government Employees has penned a letter to all members stating that an important order has been given by the Central Government regarding the option to switch from the NPS to the Old Pension Scheme for eligible … 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NPS and Pension Scheme Restoration “The National Pension System for employees recruited on or after 1.1.2004 is to be withdrawn and replaced with the old pension scheme under CCS (Pension) Rules 1972.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 scheme is to be implemented for employees recruited on or after 1.1.2004 by depositing the accumulated employee … Read more
NPS To OPS: Strategy to Achieve Old Pension Scheme – National Joint Council of Action National Joint Council of Action of Central Government Employees Organizations participating in JCM will hold a National Convention on Old Pension Scheme on 21 January 2023 in Delhi to decide the plan of action for its restoration – Notice of … 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 9.6.2023, the Standing Committee of NCJCM submitted a memorandum to the … 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 to the eligible family members of a deceased NPS employee. This is provided that … Read more
NPS to OPS for Recruited Post or Vacancy | Notified for Recruitment 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 order that allows Central Govt Employees appointed before 22.12.2003 to switch from the National … 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 order that allows Central Govt Employees appointed before 22.12.2003 to switch from the National Pension Scheme to the … Read more
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 definitive choice. The family will not be able to alter this … Read more