Major demand of Central Government employees – Reversion to Old Pension Scheme from Existing National Pension System
Railway employees whose selection for the appointment was finalized before 1.1.2004 but who joined Railway service on or after 1.1.2004 National Federation of Indian Railwaymen (NFIR) writes a detailed letter to the Secretary Railway Board on 16 March 2020 regarding the above subject. The letter is reproduced and given below for your ready reference: NFIR … Read more
The Secretary of JCM (Staff Side) Joint Consultative Machinery for Central Government Employees has written a letter to Cabinet Secretary and Chairman on 2 March 2020 regarding convert NPS to Old Pension Scheme. The detailed letter is reproduced and given below for your ready reference: Shiva Gopal Mishra Secretary Ph: 23382286 National Council (Staff Side) … Read more
Latest News on NPS: Old Pension Scheme for 2004 CG Employees An important order issued by the Department of Pension and Pensioners Welfare on 17 February 2020 regarding extension of the benefit of the old pension scheme to Central Govt Employees whose appointment was delayed beyond 31.12.2003. As per the order, Government servants who were … Read more
Overseas Citizenship (OCI) Can Investment in National Pension System (NPS) As per the content of the circular issued by the PFRDA on 29th October 2019, the Overseas Citizen of India (OCI) now can invest in National Pension System (NPS) PFRDA permitted now Overseas Citizen of India to enroll in NPS at par with Non-Resident Indians … Read more
NPS and OPS: National Pension System and Old Pension Scheme New Pension Scheme and Old Pension Scheme National Pension System is a contributory pension scheme with effect from 1st January 2004 Central government employees are dividing into two groups based on pension scheme, one is NPS Group (who are all appointed on and after 1st … Read more
Review the Improvement of National Pension System (NPS) Railway Board conducted a meeting to Review the Improvement of National Pension System (NPS) A meeting of Dy. CAOs and Dy. CPOs of all Zonal Railways and Production Units was held on 04.09.2019 and 05.09.2019 in Railway Board to review the progress of National Pension System (NPS). … Read more
New Pension Scheme to Old Pension Scheme – 1st January 2004 is a Dividing line for CG Employees NPS to OPS – National Pension System to Old Pension Scheme: 1.1.2004 is a dividing line for Central Government employees The first and key demand Reversion to Old Pension Scheme from Existing National Pension System is the … Read more
Interest on delayed/non-deposit of National Pension System (NPS) Contribution Booking of expenditure towards Interest on delayed/non-deposit of National Pension System (NPS) Contributions GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBA No.78/2019 No.2019/AC-II/21/6 New Delhi, dated 05.09.2019 1. General Managers/FA&CAOs etc (As per standard List I) 2. All attached offices/Subordinates offices (As per standard List … Read more
NPS to OPS: No Proposal to replace NPS with OPS NATIONAL PENSION SYSTEM TO OLD PENSION SCHEME (NPS TO OPS) There is no proposal to replace the NPS with old pension scheme in respect of Central Government employees recruited on or after 01.01.2004. Minister of State for Finance Shri Anurag Singh Thakur said in the … Read more
NPS for CG Employees – Setting up of NPS oversight mechanism National Pension System for Central Government Employees “Timely credit of deduction made from the salary of Central Government employees towards their contribution to NPS, as also the applicable contribution of the Central Government, to the NPS financial architecture is of paramount importance for availability … Read more