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...

NPS To OPS: Karnataka Government Employees Protest against NPS New Pension System To Old Pension Scheme Karnataka Government Employees Protest against NPS Karnataka State Government Employees demanded to scrap NPS and on Wednesday they took a streets in Karnataka’s Belgaum City. As per the media news, thousands of agitating employees assembled in Kondaskoppa area of the city, opposite the Suvarna Vidhana Soudha (State Assembly) where he winter session of the Karnataka Assembly is in session. Earlier the members of the Karnataka State NPS Employees Association demanded scrapping of NPS. Nothing More… Nothing Less… We Want OLD PENSION SCHEME Yesterday (12.12.2018), National Secretariat of Confederation decided to observe as DEMANDS DAY raising the demand “SCRAP NPS & RESTORE OPS” through out the country.

Strike notice from Confederation – 8th & 9th January 2019 No. Confdn/Strike/2016-19 Dated – 12th December 2018 To, The Cabinet Secretary Cabinet Secretariat Government of India Rashtrapati Bhawan New Delhi – 110001 Sir, This is to give notice that employees who are members of the affiliated organisations of the Confederation of Central Government Employees and Workers will go on Two-days strike on 8th & 9th January 2019. The Charter of demands in pursuance of which the employees will embark upon the Two-days strike action is enclosed. Thanking you, Yours faithfully, (M. Krishnan) Secretary General Mob: 09447068125 Email: mkrishnan6854@gmail.com Encl:  Charter of Demands Annexure – 1 CHARTER OF DEMANDS 1. Scrap New Contributory Pension Scheme (NPS). Restore old defined benefit pension scheme (OPS) to all employees. 2. Settle 7th CPC related issues including increase in Minimum Pay and Fitment formula, HRA arrears from 01-01-2016, MACP Bench Mark, p...

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, this agitations has forced many State Governments such as Karnataka, Kerala, Andhra Pradesh, Delhi State Governments to reconsider this New Pension Scheme and formed an expert committee to review this New Pension Scheme. This New Pension Scheme was not implemented by West Bengal State Government. In this angle an analysis is made all about New Pension Scheme and ways to scarp or modify the New Pension Scheme to benefit the Government employees at large is suggested. Need for Pension   : The Pension System thus started in India was finalized by the Indian Pension Act of 1871. It appears that the British Government had the conception of providing its pensioners in...

ational 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 contribution will, however, remain at 10 per cent. The Cabinet also approved tax incentives under 80C of the Income Tax Act for employees’ contribution to the extent of 10 per cent, they added. Presently, the government and employees contribute 10 per cent of basic salary each to NPS. While the minimum employee contribution remains at 10 per cent, the government contribution has been increased from 10 per cent to 14 per cent. The Cabinet, headed by Prime Minister Narendra Modi, also allowed government employees to commute 60 per cent of the fund accumulated at the time of retirement, up from 40 per cent at present. Also, employees will...

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 of such a decision with respect to those who have already retired from service after serving under the Contributory Pension Scheme? or expired while in service?” GOVERNMENT OF ANDHRA PRADESH ABSTRACT Contributory Pension Scheme (CPS/NPS)- An Expert Committee for review of the Contributory Pension Scheme and examining demand for continuing Old Pension Scheme – Constituted – Orders – Issued. FINANCE (HR.3-PENSION-I) DEPARTMENT G.O.R .RT.No. 2052 Dated: 28-11-2018 Read the following : – 1. G.O.Ms.No.653 Finance(Pen-1) Department, dated: 22.09.2004. 2. G.O.Ms.No.654 Finance(Pen-1) Department, dated: 22.09.2004. 3. G.O.Ms.No.655 Finance(Pen-1) Depart...

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 old Pension System in the interest of lakhs of Government Servants “. Sh. Arvind Kejriwal, Hon’ble Chief Minister made a brief statement. The following Resolution moved by Sh. Ajay Dutt was put to vote and adopted by voice-vote : “ The Legislative Assembly of NCT of Delhi, having its sitting on 26 November 2018 : Taking note of the negative consequences of the anti-employee National Pension System (NPS) that is imposed on the Government Servants by the then NDA Government in 2004 and sustained by the UPA-I, UPA-II and NDA-II Governments, Given the fact that, unlike the old pension scheme, the NPS : does not give any guarantee to the employees either for ass...