Pending amount under NPS with Delhi Cantt. Board queried in Rajya Sabha

GOVERNMENT OF INDIA

MINISTRY OF  DEFENCE

RAJYA SABHA

ANSWERED ON-18.12.2013

(a) the total number of employees working under the control of Delhi Cantonment Board who joined service from 1st January, 2004 onwards and covered under New Pension Scheme;

(b) whether all the amount recovered under this scheme as Tier-I and Government share as Tier-II has been deposited with National Securities Depository Limited (NSDL);

(c) if not, the employee-wise and period-wise details of amount of Tier-I, Tier-II lying with Board till date and the reasons therefor; and

(d) who will be responsible for recurring loss to the employees who will not get benefits due to not depositing the said amount with the concerned authorities under this scheme?

ANSWER

(SHRI A.K. ANTONY) MINISTER OF DEFENCE

(a) to (d): 94 employees joined service in Delhi Cantonment Board on or after 01.01.2004 and are covered under New Pension Scheme (NPS). However, NPS was implemented in respect of Cantonment Board employees from 01.04.2011 after obtaining approval of the Central Government. All employees have been covered under Tier-I scheme. Tier-II scheme is optional and no employee of the Board has opted for Tier-II. The Cantonment Board has deposited the due amount of 85 employees (both employee’s and employer’s share). In the case of 9 employees who have not subscribed part of their share for the period from the date of their joining to 31.03.2011 amount to the extent subscribed along with the contribution of the employer has been deposited with the NSDL. No loss will accrue to any employee as full amount received from them along with the contribution of employer has been deposited with NSDL.

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