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You are here: Home / New Pension Scheme / Exemption of Railways from National Pension System (NPS)

Exemption of Railways from National Pension System (NPS)

August 22, 2016 pcadmin Leave a Comment

Exemption of Railways from National Pension System (NPS)

Under Secretary, Govt of India responds to GS/NFIR on the National Pension System

F. No.11/5/2016-PR
Ministry of Finance
Department of Financial Services

2nd Floor, Jeevan Deep Building,
Parliament Street, New Delhi

Dated the 5th August, 2016

OFFICE MEMORANDUM

Subject : Exemption of Railways from National Pension System (NPS) as recommended by the Honโ€™ble Railway Ministers- representation from National Federation of Indian Railwaymen (NFIR)

The undersigned is directed to enclose herewith a representation (in original) dated 26.06.2016 received from NFIR regarding the subject cited above.

2. In this regard, it may be stated that exemption of railways from NPS employees will have a bearing on the exchequer; Department of Expenditure (DoE) may take an appropriate action in this regard.

3. So far as proposals of Honโ€™ble Railway Minister in this matter is concerned, the reply to issues relevant to this Department were sent to DoE vide this Departmentโ€™s OM dated 26.02.2016.(Copy enclosed)

sd/-
(Prabhu Dayal)
Under Secretary to the Government of India

Signed Copy

Filed Under: National Pension System, New Pension Scheme, NFIR

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