Orders will be issued to eligible employees to avail the old pension scheme by January 31, 2024 and thereafter their NPS accounts will be closed by March 31, 2024. Orders will be issued to eligible employees to avail the old pension scheme by January 31, 2024 and thereafter their NPS accounts will be closed by March 31, 2024. You will get this chance only once
Taking a very important step, the Center has directed all the State Governments to convert all those All India Service (AIS) employees from the National Pension Scheme (NPS) to the Old Pension Scheme (OPS). Those who are recruited through notification vacancies issued after December 22, 2003 and those who are covered under NPS when they join government service on or after January 1, 2004, are covered under the provisions of the old pension scheme. Will go It states that interested employees can avail this one-time option till November 30.
Orders will be issued to eligible employees to avail the old pension scheme by January 31, 2024 and thereafter their NPS accounts will be closed by March 31, 2024. Orders will be issued to eligible employees to avail the old pension scheme by January 31, 2024 and thereafter their NPS accounts will be closed by March 31, 2024. You will get this chance only once.
In a letter dated July 13 to the chief secretaries of all states and union territories, the Department of Personnel and Training said, “All India officers who are covered under NPS on joining service on or after January 1, 2004, they An option to come under the Old Pension Scheme (OPS) under 1958 may be given.”
It has also been said in this letter that IAS officers selected through Civil Services Examination 2003, Civil Services Examination 2004 and Indian Forest Service (IFS) Examination 2003 will come under this provision.
According to a letter, this step has been taken in response to the decisions of different courts and CAT benches. It said that it allowed government employees appointed on or after January 1, 2004, to extend the benefits of the old pension scheme. Employees will get a chance to join the old pension scheme only once. Till November 30, 2023, the officers who will not be able to apply for the benefit of old pension will continue to get the benefit of NPS as before.
The letter states that it is clarified that transfer from one service to another is subject to continuous service and technical resignation.
It also states that in accordance with these instructions, the option exercised by the members of the service shall be placed before the Government of the State to whose cadre the member of the service belongs.
It said, “If any clarification is required, a reference may be made to the Department of Personnel and Training in the case of members of the Indian Administrative Service, to the Ministry of Home Affairs in the case of members of the Indian Police Service and to the Ministry of Home Affairs in the case of members of the Indian Forest Service.” may be referred to the Ministry of Environment, Forest and Climate Change.”
It also states that if the member of service fulfills the conditions of coverage under AIS (DCRB) Rules, 1958 as per these directions, necessary orders in this regard will be issued by January 31, 2024.
Due to this, the NPS account of such member of service will be closed with effect from March 31, 2024. Members of the service who opt for the Old Pension Scheme under the AIS (DCRB) Rules, 1958 will be required to take membership of the General Provident Fund (GPF).
The Congress governments of Rajasthan, Chhattisgarh and Himachal Pradesh have already announced to implement the old pension scheme in the state. The Congress has also made OPS an important issue for the Karnataka assembly elections and has announced to implement it in Madhya Pradesh as well, if voted to power.
