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Reversion to Old Pension Scheme for Personnel of Ministries

Reversion to old pension scheme for personnel of Ministries Rajya Sabha Unstarred Question No.2665 – Answered on 9.8.2018 Shri K. Bhabananda Singh (a) whether a decision has been taken for hundreds of paramilitary forces whose recruitment process commenced/done before 2004 but joined in 2004 or after due to administrative delays, to revert to the old … Read more

New Pension Scheme(NPS) Vs Old Pension Scheme(OPS)

New Pension Scheme(NPS) Vs Old Pension Scheme(OPS) Various questions asked in Parliament regarding Old and New Pension Schemes on 10th August 2018 and the Minister replied for the questions are given below… GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA UNSTARRED QUESTION NO: 4075 ANSWERED ON: 10.08.2018 Reintroduction of Old Pension Scheme RAKESH SINGH Will … Read more

Defined Contribution Pension Scheme (NPS) – Salient Features)

Defined Contribution Pension Scheme (NPS) – Salient Features) Defined Contribution Pension Scheme (National Pension System) (Salient Features) The National Pension System works on defined contribution basis and will have two tiers – Tier-I and II. Contribution to Tier-I is mandatory for all Government servants joining Government service on or after 1-1-2004 (except the armed forces … Read more

Reversion to Old Pension Scheme

Reversion to Old Pension Scheme (NPS to OPS) Ministry of Personnel, Public Grievances & Pensions Reversion to old pension scheme In accordance with the scheme for National Pension System (NPS), as notified vide Ministry of Finance (Department of Economic Affairs)’s Notification No. 5/7/2003-ECB & PR dated 22.12.2003, the System is mandatory for all new recruits … Read more

New Pension System (NPS) – NC JCM Staff Side

New Pension System (NPS) – NC JCM Staff Side “Demand of the NC/JCM has always been to restore the “Defined Pension/Family Pension Scheme” Shiva Gopal Mishra Secretary National Council (Staff Side) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi – 110001 E-Mail : nc.jcm.np@gmail.com No.NC/JCM/2018 Dated: May 17, 2018 The Cabinet … Read more

Exemption of Railways from New Pension Scheme (NPS) – NFIR

Exemption of Railways from New Pension Scheme (NPS) No.IV/NPS/PFRDA BILL/Part I Dated: 19/03/2018 Shri Piyush Goyal, Hon’ble Minister of Railways, Rail Bhavan, New Delhi Dear Shri Goyalji, Sub: Exemption of Railways from New Pension Scheme (NPS) –reg. Ref: (i) Hon’ble MR’s D.O. No. 2012/F(E)III/1/4-Pt dated 29th March 2014 to Hon’ble Finance Minister, Government of India … Read more

Minimum Guaranteed Pension under National Pension System (NPS) – BPMS

Minimum Guaranteed Pension under National Pension System (NPS) – BPMS BHARATIYA PRAITAKSHA MAZDOOR SANGH (AN ALL INDIA FEDERATION OF DEFENCE WORKERS) (AN INDUSTRIAL UNIT OF B.M.S.) (RECOGNISED BY MINISTRY OF DEFENCE, GOVT. OF INDIA) CENTRAL OFFICE: 2-A, NAVEEN MARKET, KANPUR – 208001, PH & FAX : (0512) 2296229 MOBILE: 09335621629, 08765070982 WEB : www.bpms.org.in, Email: … Read more

Grant of Minimum Guaranteed Pension under NPS – BPMS

Grant of Minimum Guaranteed Pension under NPS – BPMS Grant of Minimum Guaranteed Pension under NPS The Central Government had introduced the National Pension System (NPS) with effect from 1 January, 2004 (except for armed forces). During the budget session of 2003-2004 the Government announced introduction of the “New Defined Contribution Pension Scheme” then known … Read more

NPS Committee Report Finalised and Submitted to Govt – NC JCM Staff Side

NPS Committee Report Finalised and Submitted to Govt – NC JCM Staff Side “New Contributory Pension Scheme setting up of the Committee – report” Shiva Gopal Mishra Secretary Ph: 23382286 National Council (Staff Side) Joint Consultation, Machinery For Central Government Employees 13-C, Ferozshah Road, New Delhi – 110001 E.Mail : nc.jcm.np@gmail.com. No. NC-JCM-2017/Fin January 16,2018 … Read more

SCRAP NPS – STOP OUTSOURCING

SCRAP NPS – STOP OUTSOURCING NATIONAL CONVENTION OF CENTRAL AND STATE GOVERNMENT EMPLOYEES – 10.06.2016 – DELHI Decided to intensify joint struggle against NPS and outsourcing by organizing nationwide intensive campaign and mobilization leading to a bigger trade Union action including strike demanding “withdraw contributory Pension System and stop outsourcing of Government functions”. About 1000 … Read more