The New Pension Scheme introduced for the Central Government employees w.e.f. 1.1.2004, was made applicable to the regular employees of NVS w.e.f. 1.4.2009.

Pension benefit to teachers of Jawahar Navodaya Vidyalayas

The option to switchover to the GPF Scheme was available only to the employees of those institutions which were in existence as on 1.1.1986. Since the Navodaya Vidyalaya Samiti (NVS) was registered as a society only on 28.2.1986, the option of switchover to GPF scheme was not applicable to the employees of NVS.

The employees of NVS had been given the benefits of Contributory Provident Fund (CPF) scheme since its inception. The New Pension Scheme (NPS), which was introduced for the Central Government employees w.e.f. 1.1.2004, was made applicable to the regular employees of NVS w.e.f. 1.4.2009. Those employees who had joined NVS on regular basis before 1.4.2009 were given an option to continue with the existing CPF scheme or to join the NPS.

The option was to be exercised by 3.11.2009. Those employees of NVS who have opted for and are covered under the NPS, are entitled to the benefits envisaged under this scheme. Thus, the teachers of the Jawahar Navodaya Vidyalayas are already entitled to benefits of either the CPF scheme or the NPS scheme having regard to the option exercised by them.

This was stated by Shri Satya Pal Singh, Minister of State for Human Resource Development in a written reply to a question in Rajya Sabha on 13.12.2018.

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The two-day mass casual leave on September 4 and 5 called by the United Forum of Reserve Bank Officers and Employees (UFRBOE) has been deferred after discussion with the bank management, the union said Monday.

“Consequent to series of meeting between top management of Reserve Bank of India with unions, the forum has decided to defer the pragramme of mass causual leave scheduled on September 4 and 5 to first week of January, 2019 in response to the bank’s request to give some more time to resolve the demands,” a UFRBOE statement said.

The mass casual leave programme was likely to have paralysed operations of the central bank and other major lenders across the country.

UFRBOE had called the mass casual leave on September 4 and 5 demanding an option for contributory provident fund (CPF) retainers to switch over to pension scheme, and grant of additional provident fund (APF) to those recruited in the bank from 2012.

The forum had threatened that if the issue lingered, then they would resort to flash strike for two days.

PTI

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Ministry of Finance
Current Pension rate of Contributory Provident Fund (CPF) pensioners

The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any monthly pension/ex-gratia amount. However, the Government employees under CPF who retired between 18.11.1960 and 31.12.1985 are entitled to monthly ex-gratia amount of the following rates:

Dearness ex-gratia equal to 50% of the amount of ex-gratia and Dearness Relief, as notified from time to time as per 5th Central Pay Commission series, on the sums of amount of ex-gratia and dearness ex-gratia is being paid to them. There is no proposal to increase the aforesaid rates.

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha today.

PIB

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Govt of Tamilnadu has issued an Abstract regarding interest for Contributory Pension Scheme be fixed at 8.7% for the year 2014-2015 and 2015-2016.

GOVERNMENT OF TAMILNADU

Abstract

Pension-  Contributory  Pension  Scheme-  Employees  contribution  and

Government  contribution-  Rate  of  interest  for  the  year  2014-2015  and 2015-2016 – Orders – Issued.

FINANCE (PGC) DEPARTMENT

G.O.Ms.No.183                                                                                                       Dated: 26.06.2015

 

Read:

1.    G.O.Ms.No.222,    Finance    (Pension)    Department, dated.3.6.2008.

2.   G.O.Ms.No.38,  Finance  (PGC)  Department,  dated 11.2.2013.

3.   G.O.Ms.No.155,  Finance  (PGC)  Department,  dated 9.5.2013.

4.    G.O.Ms.No.106, Finance (Allowances) Department, dated 28.4.2014.

5.   G.O.Ms.No.129, Finance (Allowances) Department, dated 27.4.2015.

—–

ORDER:

In  the  Government  orders  first  to  third  read  above  orders  were issued fixing the rate of interest for accumulations at the credit of the subscribers   to   Contributory   Pension   Scheme   for   the   period   upto  31.03.2014.

2.  In the Government orders fourth and fifth read above, the rate of interest for General Provident Fund was fixed at the rate of 8.7% for the year 2014-2015 and 2015-2016.

3.   The Government now direct that the rate  of  interest on  the accumulations at the credit of the subscribers to the Contributory Pension Scheme be fixed at 8.7% for the year 2014-2015 and 2015-2016.

4.   The above rate of interest will remain until further orders are issued in this regard.

 

(BY ORDER OF THE GOVERNOR)

K. SHANMUGAM
PRINCIPAL SECRETARY TO GOVERNMENT

Download Govt of Tamilnadu G.O.Ms.No.183 dated 26.06.2015

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No.41/26/2010- P&PW(E)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi,
Dated 25th June, 2013 / 26 JUN 2013

Office Memorandum

Sub: Grant of Ex-gratia to those pre-1986 Contributory Provident Fund (CPF) employees who retired otherwise than on superannuation after 20 years of service – reg.

In this Department’s OM No.45/52/97-P&PW(E), dated 22.03.2004, it was clarified that the following categories of CPF beneficiaries would not be entitled to grant of ex-gratia payment in terms of OM No.45/52/97-P&PW(E), dated 16.12.1997:-

(a) those who were dismissed or removed from service,

(b) those who resigned from service, and;

(c) those who retired from service other than on attaining the prescribed age of superannuation.

2. The matter has been reviewed. It has now been decided to delete the clause (c) above from the OM dated 22.03.2004. Accordingly, all CPF beneficiaries who retired voluntarily or on medical invalidation before 01.01.1986 after completing 20 years of continuous service would also be eligible for the ex-gratia payment in terms of OM dated 16.12.1997. Other conditions given in OM dated 16.12.1997 will remain same.

3. This issues with the concurrence of Ministry of Finance, Department of Expenditure, vide their ID 563/E.V./2013 dated 24/06/2013.

sd/-
(Sujasha Choudhury)
Deputy Secretary

All Ministries/Departments/Organisations as per list
All Pensioners’ Associations as per list available in the Department
Ministry of Railways (for issuing orders for SRPF beneficiaries)
Copy to NIC for posting it on the website of the Department of Pension & PW

Source : www.pensionersportal.gov.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D3/D03ppw/GrantofExGratia_260613.pdf]

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