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 meeting and convention by Shri Shiva Gopal Mishra, Convenor, National Joint Council of Action
Strategy to achieve Old Pension Scheme
National Joint Council of Action
4, State Entry Road New Delhi – 110055
No.NJCA/2022
Date: December 12, 2022
The Presidents/General Secretaries,
All Constituent Organizations and State Federations
Fighting Against the NPS
Dear Comrades,
Sub: Strategy to achieve Old Pension Scheme
We are very thankful to all of you for making the first meeting of the Joint Forum called by the NJCA on 17th November 2022.
As was decided in the aforementioned meeting of the NJCA, we will hold another meeting of the aforesaid forum in the first week of January 2023 we are calling a meeting on 7th January 2023 at 10:30 hrs, at the same venue, i.e. J.P. Chaubey Memorial Library, AIRF Office Premises, 4 State Entry Road, New Delhi. We are requesting all of you to kindly make it convenient to attend the said meeting to discuss and decide future course of action.
Since in the said meeting, it was also decided to hold a National Convention, we will be holding a ‘‘National Convention” on Old Pension Scheme in Pearey Lal Bhawan, Bahadur Shah Zafar Marg, New Delhi, Delhi, on 21st January 2023 to decide the plan of action and schedules for the future programmes.
We sincerely hope that you will reserve the date for attending the aforementioned National Convention.
Results of the recently held Himachal Pradesh Assembly have given lot of encouragement to the Government Employees and Teachers, therefore, this is the right time to bring all the forces at one platform fighting for achieving Old Pension Scheme.
Please contact them and invite them for the “National Convention”.
With Fraternal Greetings.
Comradely yours,
sd/-
(Shiva Gopal Mishra)
Convener
NPS stands for the National Pension System, which is a government-sponsored pension scheme for employees in India.
OPS refers to the Old Pension Scheme, which was the previous pension scheme for government employees in India.
The NJCA (National Joint Council of Action) is advocating for the conversion of the NPS to the OPS for government employees. Their strategy involves lobbying the government to revert to the old pension scheme.
NJCA believes that the Old Pension Scheme provides better retirement benefits and financial security for government employees compared to the NPS.
The Old Pension Scheme guarantees a fixed monthly pension based on the employee’s service and salary, along with other benefits like family pension, medical facilities, and commutation of pension.
As of now, there is no provision to switch from the NPS to the OPS. However, NJCA is actively pushing for the government to introduce such a provision.
Some of the challenges in achieving the conversion include financial implications, administrative changes, and the feasibility of implementing the switch for a large number of government employees.
The NJCA is in talks with the government and other stakeholders to push for the conversion. While there has been some progress in terms of discussions, no concrete decision has been reached yet.
Government employees can show their support by actively participating in initiatives, signing petitions, and raising awareness about the benefits of the Old Pension Scheme. They can also engage with NJCA and other associations working towards this cause.
Apart from advocating for the conversion to the Old Pension Scheme, government employees can explore other retirement savings options like the Voluntary Provident Fund
Restore old pension scheme