NPS to OPS: Coverage under Railway Services {Pension) Rules, 1993, in place of National Pension System of those Railway Employees whose selection for appointment was finalized before 01.01.2004 but who joined Railway service on or after 01.01.2004
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAILWAY BOARD
No. E(G)2020/PN1/ 29
New Delhi, dated: 15-01-2021
The General Manager (P)
All Zonal Railways & Production Units
Sub: Coverage under Railway Services {Pension) Rules, 1993, in place of National Pension System of those Railway Employees whose selection for appointment was finalized before 01.01.2004 but who joined Railway service on or after 01.01.2004.
Ref: Railway Board’s letter No. D-43/12/2018-F{E)lll dated 03.03.2000.
*****
Please refer to the above cited subject. Several requests/representations are being received from Zonal Railways for switching over to the Old Pension Scheme instead of New Pension Scheme by their staff.
As per para 8 of the DOP&PW’s OM No. 57/04/2019-P&PW{B) dated 17.02.2020 (adopted on Railways vide letter No. D-43/12/2018-F{E)lll dated 03.03.2020) “the matter regarding coverage under the CCS {Pension) Rules, 1972 based on the option exercised by the Government servant shall be placed before the appointing authority for consideration in accordance with these instructions.—-“.
NPS to OPS : One Time Option to be covered under CCS(Pension) Rules, 1972
In view of the above it is requested that Railways may take up the cases for switching over from NPS to Old Pension Scheme for their Non gazetted staff at their end. Further, in case of any doubt/query the same may be examined in consultation with Associate Finance and reference may be made to Railway Board with verbatim comments of Associate Finance for clarification.
{Anita Gautam)
Director, Estt. (General)
Railway Board
COMMENTS