Old Pension Scheme : Good news for employees-pensioners! Will get the benefit of ‘old pension scheme’, complete the process by August-September, NPS account will be transferred to GPF

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Old Pension Scheme: Employees and pensioners can get the benefit of old pension scheme, process started, they will be benefited
Old Pension Scheme: Employees and pensioners can get the benefit of old pension scheme, process started, they will be benefited

Old Pension Scheme : Amidst the demand for the old pension scheme, many officer employees will be given the benefit of the old pension scheme. For this, instructions have been given to complete the entire process by the months of August and September. With this, his NPS account will be closed and his account will be transferred to GPF.

OPS 2023, Old Pension Scheme: The demand for implementing the old pension scheme is being seen across the country for a long time. At the same time, taking important decisions in the interest of employees and pensioners, the old pension scheme has been implemented by many state governments. Here, preparations have been made by the central government to give the benefits of the old pension scheme to many employees of the country. For this, it will be mandatory to apply before the deadline. The same CRPF jawans and officers will also be given the benefit of the old pension scheme.

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Complete the process by August 31

Giving great relief to the employees by the Central Government, they have been given an opportunity to choose the old pension scheme. The order was issued by the Personnel Ministry. In which it has been said that the employees joining the service of the Central Government for the advertised or scheduled posts before December 22, 2003 are eligible to join the old pension scheme. He will be eligible to join the old pension scheme under the Central Civil Services Pension Rules, 1972. However, for this, till 31 August 2023, they have been given the opportunity to choose the option. It will be mandatory for employees to choose the option from August 31.

Officers including CRPF jawans also get benefit of old pension scheme

The benefits of the old pension scheme can also be given by the central government to officers including some CRPF jawans. At present, these jawans and officers are coming under the ambit of NPS. Along with joining the old pension scheme, their NPS account can also be transferred. In such a situation, all these employees will move away from NPS and join OPS. Actually, the employees whom the central government is including in the old pension system. His NPS account can be converted into GPF.

If sources are to be believed, all zones have been informed by CRPF, in which it was said that all those employees will be included in NPS. Whose recruitment advertisement or notification has been done before 22 December 2003. Many employees have subsequently been included in NPS for some reason or the other. In such a situation, the matter has also reached the court.

At the same time, the ADGs of all zones were asked to prepare a list of such employees by September 20, 2023, who fulfill all the conditions. Final orders in such cases can be issued by the appointing authority by September 30. Along with this, it is believed that these employees will join the old pension scheme from NPS. Along with this, their NPS money will be withdrawn and deposited in GPF.

The process will be completed in several stages

For this, the process will be completed in several stages. Committee can be organized. The committee will examine the service book and other records from its purview. Guidelines can be issued to the CRPF office by the appointed committee. Along with this, the DDO can close the NPS account after the order is issued.

Also, the process of issuing GPF account number to the concerned staff officer may be initiated. Instructions can be given to complete this action by 20 September. After joining the old pension scheme from the same NPS, officer employees including pensioners will get huge benefits. Along with this, an increase in their pension amount will be seen. Not only this, they will also get the benefit of permanent pension.

States will not get money deposited in PFRDA

Earlier, the money of NPS employees in different states is deposited in PFRDA. PFRDA is controlled by the central government while the old pension scheme is implemented by the governments of Chhattisgarh, Rajasthan, Punjab, Jharkhand and Himachal Pradesh. Now every procedure is being followed to withdraw the amount deposited in PFRDA, but the Central Government has made it clear that the NPS amount of government employees will not be returned to the State Government.

However, the central government has flatly refused to implement the old pension system for other officers and employees of the state. The same states where the old pension scheme has been implemented. It has been clearly told that the money of NPS employees is deposited with the Pension Fund and Regulatory Authority. PFRDA is controlled by the Central Government. In such a situation, this money will not be given to the state government. This money belongs to the employees and will be paid from time to time to the employees.

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