Memorandum for Scrapping of No Guarantee NPS by NC JCM Staff Side The National Council JCM Staff Side has come together to voice their demand for the abolishment of No Guarantee NPS and the restoration of Old Pension Scheme. During a meeting held on … [Read more...]
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Family Pension to Deceased NPS Employees
Family Pension for NPS Employees Who Have Passed Away The Department of Pension & Pensioners Welfare has made it clear that the commencement of NPS contribution or the generation of PRAN is not a requirement for the payment of pensionary benefits … [Read more...]
NPS to OPS for Recruited Against Post or Vacancy Advertised, Notified for Recruitment
NPS to OPS for Recruited Post or Vacancy | Notified for Recruitment The government has provided clarity on the significant requirements for transitioning from OPS (old pension scheme) to NPS (new pension scheme). The Department of Posts has recently … [Read more...]
Government Clarifies on the Significant Requirements for Transitioning from OPS to NPS
Significant Requirements for Transitioning from OPS to NPS The government has provided clarity on the significant requirements for transitioning from OPS (old pension scheme) to NPS (new pension scheme). The Department of Posts has recently passed an … [Read more...]
Options Under CCS NPS Rules to Avail Old Pension Benefits On Death of Govt Employee
Avail Old Pension Benefits on Death of Govt Employee | CCS NPS Rules Orders issued by DoPPW on October 26th, 2022 state that if a Subscriber passes away while still in service, their final option exercised before their death will be considered as the … [Read more...]
NPS – TTS: Change in Operational Guidelines for NPS Tier 2
NPS Tier 2 Operational Guidelines Update | TTS The National Pension Scheme Tier II- Tax Saver Scheme, 2020 (NPS-TTS) has undergone some changes in its operational guidelines. These changes have been put in place to better serve the needs of taxpayers … [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...]
Notification regarding Old Pension Scheme: NVS
Notification regarding OPS: NVS New Pension Scheme has already been made applicable to the employees who Joined Samiti on or after 01.04.2009 and option was also provided to the employees who joined upto 31.03.2009 for opting NPS or to continue with … [Read more...]
Contract for Old Pension Scheme
Contract for Old Pension Scheme | Pension Solutions Office Memorandum No. 57/04/2019-P&PW(B) dated 17th February, 2020 "Where the results for recruitment were declared before 01.01.2004 against vacancies occurring on or before 31.12.2003, the … [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...]
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