Thursday, October 11, 2018

Old Pension Scheme to Railway Employees

Grant of Old Pension Scheme to Young Employees Working in Railways

The Railway Board replied to the President of Akhil Bhartiya Railway Mazdoor Sangathan on 6th September, 2018

Government of India
 (Bharat Sarkar) 
Ministry of Railways 
(Rail Mantralaya) 
(Railway Board)
Dated: 06.09.2018
Sh.Mangat Ram Saini, 
National President, 
Akhil Bharitya Railway 
Mazdoor Sangathan, 
125/R, Ram Nagar, 
Pathankot – 145001, 
Mob: 9464000303

Dear Sir,
Sub: Grant of Old Pension to the Young Employees Working in the Railway

Please refer to your letter dated 12.07.2018 on the above cited subject.

Check also various news about National Pension System

2. In this regard it is stated that the decision to implement the National Pension System (NPS) w.e.f.01.01.2014 for all recruits, is of the Government of India. The Ministry of Railways being an administrative Ministry in respect of Pensionery matters is bound to adhere to the decision taken by the Nodal Department, i.e., Department of Financial Services (Ministry of Finance).

The Ministry of Railways is not empowered to take any unilateral decision.
(G.Priya Sudarsani) 
Finance (Estt.) 
Railway Board
Source: Confederation

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