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Approximately 18 lakh central government employees covered under NPS would be benefitted from the streamlining of the National Pension System

Ministry of Finance Streamlining of National Pension System (NPS) Posted On: 10 DEC 2018 3:01PM by PIB Delhi Decision The Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS). Enhancement of the mandatory contribution by the Central Government for its employees covered under […]

New Pension Scheme Demand To Scrap it: NPS to OPS

NPS to OPS: New Pension Scheme Demand To Scrap it New Pension Scheme Demand To Scrap it NEW PENSION SCHEME (NPS): The New Pension Scheme is made compulsory for Government employees was brought into effect 2004, this has effected them a lot, lot of agitations are being carried out on scrapping the New Pension Scheme, […]

National Pension Scheme: Good News for central government employees! Government contribution to NPS to rise to 14% of basic salary

National Pension Scheme: Good News for central government employees! Government contribution to NPS to rise to 14% of basic salary In a bonanza for government employees, the Cabinet Thursday raised the government’s contribution to National Pension Scheme (NPS) to 14 per cent of basic salary from the current 10 per cent, sources said. Minimum employee […]

Provision and rules for NPS part withdrawal

Provision and rules for NPS part withdrawal The partial withdrawal can be made to the limit of 25% of the contributions made by the subscribers, but excluding contributions made by the employer. The purpose of withdrawal is defined by the PFRDA. The purpose of withdrawal include treatment of specified illness of a family member, education […]

NPS To OPS: Government of Andhra Pradesh Issued Orders based on Expert Committee

NPS To OPS: Government of Andhra Pradesh Issued Orders based on Expert Committee National Pension System To Old Pension Scheme Govt of AP Issued Orders based on Expert Committee “In case it is to withdraw the Contributory Pension Scheme and in lieu of it to implement the Statutory Pension Scheme, what will be the legality […]

NPS to OPS: Proceeding on adoption of Resolution on Abolishing NPS by Delhi Assembly

National Pension System to Old Pension Scheme Proceeding on adoption of Resolution on Abolishing NPS (Brief summary of proceedings) Monday, 26 November 2018 / 05 Margshirsha 1940 (Saka) No. 91 10. 6.51 PM Calling Attention (Rule-54) : Shri Ajay Dutt called the attention of the Government towards “Abolishing National Pension System (NPS) and reinstate the […]

Resolution adopted by the Legislative Assembly of NCT of Delhi to call the attention of Hon’ble Deputy Chief Minister to abolish National Pension System (NPS) and reinstate the Old Pension System in the interest of lakhs of Government Servants

NPS to OPS: Resolution adopted by Legislative Assembly of NCT of Delhi Resolution adopted by the Legislative Assembly of NCT of Delhi – Abolish National Pension System (NPS) and reinstate the old Pension System NPS to OPS: Resolution adopted by Legislative Assembly of NCT of Delhi Resolution adopted by the Legislative Assembly of NCT of […]

Clarification on date upto which enhanced family pension payable

Clarification on Enhanced Family Pension Payable – DoP&PW No.1/1(5)/2018-P&PW(E) Department of Pension & Pensionors’ Welfare (Desk E) Sub: Clarification on date upto which enhanced family pension payable-reg. Ref: CPAO ID No. CPAO/IT & Tech/Clarification/13(VOL-III)/P&PW/2017-18/193 dated 05.02.2018 and NIC Note, dated 3.4.2013. CPAO may please refer to above mention ID, dated 5.2.2018 on the subject mentioned […]

Old Pension Scheme (OPS) Will Be Restored in Delhi

Old Pension Scheme (OPS) Will Be Restored in Delhi Kejriwal said a resolution to restore the old pension scheme would be passed in a special session of the assembly. “It will then be sent to the Centre for approval. I will fight with the Centre to get it implemented.” Delhi chief minister Arvind Kejriwal announced […]

Why Government Employees Are Up in Arms About the New Pension Scheme (NPS)

Why Government Employees Are Up in Arms About the New Pension Scheme (NPS) Unlike the old scheme, government employees are now forced to fund half of their pension themselves. This has caused indignation and sparked widespread protests. On November 16, Union minister Piyush Goyal was reportedly hounded out of an event in Lucknow by railway […]