Can central authorities employees change again from UPS to NPS? Apparently, sure, beneath sure circumstances. The Centre has allowed central authorities workers presently beneath the Unified Pension Scheme (UPS) to go for a one-time, one-way change to the Nationwide Pension System (NPS). This feature can be accessible to all central authorities employees who had opted to UPS this yr, based on a Ministry of Finance communication dated August 25.
Eligible employees can solely change from UPS to NPS and solely as soon as
It’s price noting that the change can be bails ke simply as soon as, that too from UPS to NPS. Eligible employees will have the ability to train this change as much as one yr earlier than superannuation or three months earlier than the deemed date of voluntary retirement.
Related provisions will apply in circumstances of resignation and untimely retirement beneath Rule 56J, with minor changes, based on the notification.
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UPS to NPS Swap | Who won’t be eligible?
Circumstances involving any of the next circumstances won’t be able to train this change, based on the ministry:
- Staff dealing with dismissal
- Staff dealing with removing
- Staff dealing with obligatory retirement as a penalty
- Staff towards whom disciplinary proceedings are pending
As soon as exercised, the NPS laws will apply in full, based on the ministry.
Staff transferring out of UPS will forfeit assured payouts and different UPS-linked advantages. The federal government’s differential contribution of 4 per cent can be ascertained and credited to their NPS corpus on the time of exit.
All central authorities departments have been instructed to tell eligible officers and employees in regards to the new provision. Right here’s the listing of eligible departments from the Ministry of Finance launch, introduced line by line as you requested:
- Ministry of Agriculture and Farmers Welfare, Division of Agricultural Analysis and Schooling (DARE)
- Ministry of Agriculture and Farmers Welfare, Division of Agriculture and Farmers Welfare
- Ministry of Ayush
- Ministry of Chemical compounds and Fertilizers, Division of Chemical compounds and Petrochemicals
- Ministry of Chemical compounds and Fertilizers, Division of Fertilizers
- Ministry of Chemical compounds and Fertilizers, Division of Prescribed drugs
- Ministry of Civil Aviation
- Ministry of Coal
- Ministry of Commerce and Business, Division of Commerce
- Ministry of Commerce and Business, Division of Promotion of Business and Inside Commerce
- Ministry of Communications, Division of Posts
- Ministry of Communications, Division of Telecommunications (DoT)
- Ministry of Shopper Affairs, Meals and Public Distribution, Division of Shopper Affairs
- Ministry of Shopper Affairs, Meals and Public Distribution, Division of Meals and Public Distribution
- Ministry of Cooperation
- Ministry of Company Affairs
- Ministry of Tradition
- Ministry of Defence, Division of Defence
- Ministry of Defence, Division of Defence Manufacturing
- Ministry of Defence, Division of Defence Analysis & Improvement
- Ministry of Defence, Division of Ex-Servicemen Welfare
- Ministry of Defence, Division of Army Affairs
- Ministry of Improvement of North Jap Area
- Ministry of Earth Sciences
- Ministry of Schooling, Division of Greater Schooling
- Ministry of Schooling, Division of College Schooling and Literacy
- Ministry of Electronics and Data Know-how
- Ministry of Surroundings, Forest and Local weather Change
- Ministry of Exterior Affairs
- Ministry of Finance, Division of Financial Affairs
- Ministry of Finance, Division of Expenditure
- Ministry of Finance, Division of Funding and Public Asset Administration
- Ministry of Finance, Division of Income
- Ministry of Fisheries, Animal Husbandry and Dairying, Division of Animal Husbandry and Dairying
- Ministry of Fisheries, Animal Husbandry and Dairying, Division of Fisheries
- Ministry of Meals Processing Industries
- Ministry of Well being and Household Welfare, Division of Well being and Household Welfare
- Ministry of Well being and Household Welfare, Division of Well being Analysis
- Ministry of Heavy Industries
- Ministry of Dwelling Affairs, Division of Border Administration
- Ministry of Dwelling Affairs, Division of Dwelling
- Ministry of Dwelling Affairs, Division of Official Language
- Ministry of Housing and City Affairs
- Ministry of Data and Broadcasting
- Ministry of Jal Shakti, Division of Consuming Water and Sanitation
- Ministry of Jal Shakti, Division of Water Sources, River Improvement and Ganga Rejuvenation
- Ministry of Labour and Employment
- Ministry of Legislation and Justice, Division of Justice
- Ministry of Legislation and Justice, Division of Authorized Affairs
- Ministry of Legislation and Justice, Legislative Division
- Ministry of Micro, Small and Medium Enterprises
- Ministry of Mines
- Ministry of Minority Affairs
- Ministry of New and Renewable Power
- Ministry of Panchayati Raj
- Ministry of Parliamentary Affairs
- Ministry of Personnel, Public Grievances and Pensions, Division of Administrative Reforms and Public Grievances (DARPG)
- Ministry of Personnel, Public Grievances and Pensions, Division of Pension and Pensioners’ Welfare
- Ministry of Personnel, Public Grievances and Pensions, Division of Personnel and Coaching
- Ministry of Petroleum and Pure Fuel
- Ministry of Planning
- Ministry of Ports, Transport and Waterways
- Ministry of Energy
- Ministry of Railways
- Ministry of Street Transport and Highways
- Ministry of Rural Improvement, Division of Land Sources
- Ministry of Rural Improvement, Division of Rural Improvement
- Ministry of Science and Know-how, Division of Biotechnology
- Ministry of Science and Know-how, Division of Science and Know-how (DST)
- Ministry of Science and Know-how, Division of Scientific and Industrial Analysis (DSIR)
- Ministry of Ability Improvement and Entrepreneurship
- Ministry of Social Justice and Empowerment, Division of Empowerment of Individuals with Disabilities
- Ministry of Social Justice and Empowerment, Division of Social Justice and Empowerment
- Ministry of Statistics and Programme Implementation
- Ministry of Metal
- Ministry of Textiles
- Ministry of Tourism
- Ministry of Tribal Affairs
- Ministry of Ladies and Little one Improvement
- Ministry of Youth Affairs and Sports activities, Division of Sports activities
- Ministry of Youth Affairs and Sports activities, Division of Youth Affairs
- Division of Atomic Power
- Division of House
- NITI Aayog
- Cupboard Secretariat
- President’s Secretariat
- Prime Minister’s Workplace
- Election Fee of India
- Union Public Service Fee
