Pension to Retired Employees.

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....ension to Retired Employees. <br>News and Press Release<br>Dated:- 30-3-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 30-March-2012 17:22 IST Pension to Retired Empl....

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....oyees The Government had introduced the New Pension System (NPS) from 1st January, 2004 through a Notification dated 22nd December, 2003 for new entrants to Central Government service, on mandatory b....

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....asis, except to Armed Forces, joining service on or after 01.01.2004 replacing the existing system of defined benefit pension system. NPS has also been extended to autonomous bodies, State Governments....

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.... and un-organised sector. The employees working in Central Public Sector Enterprises (CPSEs) are not covered mandatorily under NPS. However, three CPSEs, viz Konkan Railway Corporation Ltd. Manganese ....

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....Ore (India Ltd. ) and NALCO have adopted NPS on voluntarily basis with effect from 01.01.2004, 01.07.2011 and 01.01.2007 respectively. This information was given by the Minister of State for Finance,....

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.... Shri Namo Narain Meena in written reply to a question in the Lok Sabha today. SS/SL<BR> News - Press release - PIB....