The Department of Personnel, Public Grievances and Pensions has issued a notification to regularize the cases of Central Government personnel services under the National Pension Scheme (NPS). The central government has given a great facility to its personnel. Central government employees are exempted from the National Pension System to give benefits of the old pension scheme. The benefit can now be availed till 31 May 2021. Eligible workers will have to apply by 5 May 2021 to avail the old pension scheme. Government employees who do not apply will continue to receive benefits under the provisions of the National Pension System. Government employees receiving pension benefits under CCS (Pension) Rules will continue to receive benefits as before.
What is the matter: –
Experts say that the old pension scheme is more profitable than the NPS. The old plan has more benefits. His family is also safe along with the pensioner in the old scheme. If the missed employees get the benefit of OPS, it will secure their repayment.
Who will get the benefit: –
State Government employees were forced to take voluntary retirement before appointment between 1 January 2004 and 28 October, due to non-availing of counseling for previous services under the old pension system between 1 January 2004 to 28 October 2009. 2009.
In such cases, workers’ volunteers would be treated as technical retirement. Such government employees will also be given the benefit of the old pension scheme. However, they must fulfill all other conditions necessary to take advantage of the count of previous services.
The OPS option will be taken by those personnel who are appointed before 1 January 2004 in the Railway Pension Rules or CCS (Pension) Rules, 1972 as well as in other central institutions in the old pension scheme or autonomous institutions under State Government Departments or Old They went. Pension schemes like CCS (Pension) Rules.