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Scrap PFRDA Act and reintroduce the defined benefit statutory pension scheme

Minutes of Standing Committee Meeting Held on 3.5.2017 between NC JCM Staff Side and the Official Side under the Chairmanship of Secretary

S. No. 7 – Scrap PFRDA Act and reintroduce the defined benefit statutory pension scheme

The representative of Department of Financial Services informed that a committee has been constituted to look into the issue and suggest measures to streamline the NPS and make it more effective. It was informed that the Committee had also held discussion with the representatives of the Staff Side.

The Staff-Side stated that while discussions have been held, it has also been made clear by the said Committee that they cannot commit on a minimum pension. It was stated that although the defined benefit pension scheme has been re-introduced in many places and the experience of those organisations should be taken into account, the fact remains that employees are not getting any benefit of the New Pension Scheme though they are the people who have put in their money. It was informed that these concerns were expressed before the said Committee but there has been no response. Even a minimum assured pension as provided in CCS(Pension) Rules-1972, Family Pension, Disability Pension are not guaranteed and there is no provision for GPF.

Hearing the Staff-Side, Chairman remarked that the mandate of the Committee seems to be about the NPS and making it more effective. Noting that the Staff-Side are in favour of scrapping of the PFRDA Act and reverting to the old pension scheme, it was directed to the representatives of Department of Financial Services and Department of Pensions & Pensioners’ Welfare to bring the concerns expressed by the Staff-Side to the notice of the Committee set up to streamline the NPS.

It was also decided that in the light of discussions, the Staff- Side may await the report since the entire matter is with the NPS committee.

{Action: M/o Railways, DPS/P&PW}

Click to view agenda discussion points

S.No. 2  – Include Grameen Dak Sewaks within the ambit of 7th CPC

S.No. 3 – Settle all anomalies of the Sixth Central Pay Commission

S.No. 4 – No Privatisation PPP or FDI in Railways and Defence Establishments

S.No. 5 – No corporatization on Postal Services

S. No. 6 – No ban on recruitment/creation of posts

S.No. 7 – Scrap PFRDA Act and reintroduce the defined benefit statutory pension scheme

S.No. 8 – No outsourcing, contractorisation, privatisation_of governmental function

S.No. 9 – Regularise the Existing Daily Rated/Casual and Contract Workers

S.No. 10 – Revive JCM functioning at all levels as an effective negotiating forum for settlement of demands of the central Government employees

S.No. 11 – Remove the arbitrary ceiling on compassionate appointments

S.No. 12 – Ensuring five promotions in the service career

S.No. 13 – Non-implementation of the decision taken in the 46th National Council (JCM) Meeting

S.No. 14 – Reduction of one day Productive Linked Bonus PLB to the employees of OFB & DGQA

S.No. 15 – Grant of one time relaxation to the Central Government employees ho have availed LTC-80

S.No. 16 – Grant of House Rent Allowance to the employees who have vacated government quarters

S.No. 17 – Restoration of interest-free advances withdrawn by the Government based on 7th CPC recommendations

S.No. 19 – Grant of 3rd MACP in GP 4600 to the Master Craftsmen (MCM) of Defence Ministry

S. No. 20 – Carrying forward of Earned Leave by Defence Industrial Employees on transfer

S.No. 21 – Reimbursement of actual medical expenditure incurred by the employees in recognized hospitals

S.No. 22 – Dental Treatment in private hospitals recognized under CGHS CS(MA) Rules, 1944 for CS(MA) beneficiaries

S.No. 23 – Review of the income criteria for the dependent parents of government employees

S.No. 26 – Removal of ambiguity in fixation of pay of re-employed ex-servicemen

S.No. 28 – Extension of the benefit of bonus calculation ceiling enhancement of Rs. 7000/- to Gramin Dak Sevaks (GDS)

S.No. 29 – Regularize the services of casual labourers by absorbing them against vacant posts of MTS as one time measure

S.No. 30 – Fill up all vacant posts including promotional posts in a time bound manner

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