NPS Vs GPF – General Provident Fund Facility to National Pension Scheme Governed Employees
Extension of GPF facility to the NPS Governed Employees on optional basis
Shiva Gopal Mishra
National Council (Staff side)
Joint consultative Machinery
For central government employees
13-C, Ferozshah Road, New Delhi – 110 001
E Mail:[email protected]
September 26, 2019
Government of India,
Department of Pension and Pensioners Welfare,
3rd floor, Lok Nayak Bhawan,
Khan Market, New Delhi – 110 003
Sub: Extension of GPF facility to the NPS Governed Employees on optional basis.
The above subject matter was discussed as Item No.7 of the Standing committee meeting of the National council (JCM) held on 7-3-2019. The extract from the minutes of the above meeting is given below for your kind ready reference
Staff Side told that they reiterate their stand in that, the National Pension Scheme (NPS) should be scraped and the Defined Guaranteed Pension under the CCS (Pension) Rules 1972 should be restored to the employees, who were recruited on or after 1-1-2004.
Check also: NPS to OPS
They also demanded that General Provident Fund (GPF) facility may be provided to the NPS governed employees on an optional basis.
‘Chairman desired that the Dept. of Pension may consider the demand in reference to GPF of the staff side.’
Inspite of the above decision taken in the meeting no formal orders have been issued for extending the GPF facility to the NPS governed employee on optional basis. Since the NPS governed employees are pressing hard it is requested that the issue for which no financial implication is involved for the Government, necessary orders may please be issued at earliest.
(SHIVA GOPAL MISHRA)
Also Check: Central Government Pay Matrix Table 2022 PDF