WHETHER THE GOVERNMENT IS PLANNING TO RECONSIDER THE OLD PENSION SCHEME ON OPTIONAL BASIS FOR CENTRAL GOVERNMENT EMPLOYEES?
NPS TO OPS – REVERT TO OLD DEFINED BENEFIT PENSION SYSTEM – PARLIAMENT Q&A ON 28.12.2018 NATIONAL PENSION SYSTEM TO OLD PENSION SCHEME In Parliament on 28th December 2018, the Minister of State in the Ministry of Finance Shri Shiv Pratap Shukla said that there is no proposal to replace the National Pension System (NPS) with old pension scheme in respect of Central Government employees recruited on or after 01.01.2004. The detailed report of Questions and Answers are given below for your information… Lok Sabha Un Starred Question No.2954 (a) Whether the Government is planning to reconsider the Old Pension Scheme on optional basis for Central Government Employees on heavy demand of employee associations across the country and if so, the details thereof; (b) Whether the Government has received any representation from various State Governments and employees’ associations in this regard and if so, the details thereof along with the other major changes demanded by the employ...