Age of Joining and Contribution Period: Universal Social Security for 18-40 Age Group As of January 20, 2024, the total number of enrolled subscribers under the APY scheme has risen to 6,17,96,389. Atal Pension Yojana (APY) is a comprehensive … [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...]
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...]
Mobility of personnel amongst Central, State and Autonomous Bodies while working under Pensionable establishments
Mobility of personnel amongst Central, State and Autonomous Bodies while working under Pensionable establishments - DoPPW Order dated 11.6.2020 NPS to OPS (New Pension Scheme to Old Pension Scheme) No.28/30/2004-P&PW (B) Government of … [Read more...]
NPS to OPS Latest News – Railway employees Selected 1.1.2004 but Joined after 1.1.2004 – NFIR
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 … [Read more...]
NPS and OPS: National Pension System and Old Pension Scheme
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 … [Read more...]
NPS To OPS – Revert to Old Defined Benefit Pension System
NPS To OPS - Revert to Old Defined Benefit Pension System - Parliament Q&A on 28.12.2018 National Pension System to Old Pension Scheme In Parliament on 28th December 2018, the Minister of State in the Ministry of Finance Shri Shiv Pratap Shukla … [Read more...]
NPS To OPS: Karnataka Govt Employees Protest against NPS
New Pension System To Old Pension Scheme Karnataka Govt Employees Protest against NPS Karnataka State Government Employees demanded to scrap NPS and on Wednesday they took a streets in Karnataka's Belgaum City. As per the media news, thousands of … [Read more...]
NPS To OPS: Scrap NPS and Restore OPS – Demands Day 12.12.2018
NPS To OPS Scrap NPS and Restore OPS Demands Day 12.12.2018 OBSERVE 2018 DECEMBER 12 as "SCRAP NPS & RESTORE OPS" DEMANDS DAY National Secretariat of Confederation has decided to observe 12th December 2018 (strike notice serving day) as DEMANDS … [Read more...]
NPS To OPS: Cabinet Approved Contribution 10% to 14%
NPS To OPS: Cabinet Approved Contribution 10% to 14% The Union Cabinet in its Meeting on 6th December, 2018 has approved the enhancement of the mandatory contribution by the Central Government for its employees covered under NPS Tier-I from the … [Read more...]