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Opportunity to switch from NPS to OPS with a one-time choice – NC JCM Staff Side

June 15, 2023 Ekanathan Leave a Comment

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 employees. This is a significant opportunity for specific groups of employees who qualify, and it is recommended that it be publicized more widely to all employees.

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Latest News on JCM Staff Side

The Department of Pension and Pensioners Welfare has released a letter numbered 57/05/2021-P&PW (B) dated 3/3/2023 on behalf of the government. This order pertains to the Central Government Employees who were hired for posts/vacancies that were advertised or mentioned for recruitment on or before 22.12.2003. The enclosed letter is provided for your review, and it is requested that you examine it closely and assist other employees in comprehending its contents.

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The letter is given below for your ready reference;

Shiva Gopal Mishra
Secretary

Ph.: 23382286
National Council (Staff Side)
Joint Consultative Machinery for Central Government Employees
13-C, Ferozshah Road, New Delhi – 110001
E-Mail : nc.jom.np[at]gmail.com

No.NC-JCM-2023/Pension

March 3, 2023

All Members of the
National Council (Staff Side)-JCM

Subject: Coverage under Central Civil Services (Pension) Rules, in place of National Pension System, of those Central “Government employees who were recruited against the posts/vacancies advertised /notified for recruitment, on or before 22.12.2003.

Dear Comrade

You are well aware that we have raised the above issue in the meeting of the National Council -JCM and the meeting of the Standing Committee of the National Council – JCM. After a lot of struggle and discussed in many meetings, the government has issued an order in this regard vide Department of Pension and Pensioners Welfare letter No. 57/05/2021-P&PW (B) dated 3/3/2023 in favour of the Central Government Employees who were recruited against the posts/ vacancies advertised /notified for recruitment, on or before 22.12.2003 enclosed herewith for your perusal, so you are requested to study it carefully and also explain to other employees.

You are also advised to move its maximum publicity so that eligible staff must be able to opt before 31/08/2023. Since it is one time examination we should make all out efforts to reach each staff so that we should not raise the same issue all the times to come.

With fraternal greetings & Happy Holi;

Comradely yours,
sd/-
(Gopal Mishra)
Secretary

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What is the opportunity to switch from NPS to OPS with a one-time choice?

The opportunity to switch from NPS (National Pension System) to OPS (Old Pension Scheme) with a one-time choice refers to a provision offered by the NC JCM Staff Side. This provision allows individuals to choose to switch their pension scheme from NPS to OPS, which is the old pension scheme.

Who is offering this opportunity?

This opportunity is being offered by the NC JCM Staff Side.

What is NPS and OPS?

NPS stands for the National Pension System, which is a contributory pension scheme introduced by the government. OPS stands for the Old Pension Scheme, which was the pension scheme in place before the introduction of NPS.

Can I switch from NPS to OPS at any time?

No, the switch from NPS to OPS with a one-time choice is a limited opportunity provided by the NC JCM Staff Side. It is not available at all times.

How can I avail of this opportunity?

To avail of this opportunity, you need to follow the guidelines and instructions provided by the NC JCM Staff Side. It is important to carefully read the details and instructions to make an informed decision about switching from NPS to OPS.

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