Effect of compulsory retirement or dismissal or removal from Government service on the accumulated pension corpus under NPS in respect of Central Government servant covered under the National Pension System: DoP&PW O.M. dated 11.10.2024
No. – 57/03/2022-P&P W(B)/8361(6)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Pension and Pensioners’ Welfare
***
Lok Nayak Bhavan, Khan Market,
New Delhi, Dated the 11th October, 2024
Subject: Effect of compulsory retirement or dismissal or removal from Government service on the accumulated pension corpus under NPS in respect of Central Government servant covered under the National Pension System -reg.
The undersigned is directed to say that the Department of Pension and Pensioners’ Welfare has notified the Central Civil Services (Implementation of National Pension System) Rules, 2021 to govern the service related matters of Central Government civil employees covered under the National Pension System.
2. Rule 18 of the Central Civil Services (Implementation of NPS) Rules, 2021 provides for effect of compulsory retirement or dismissal or removal from Government service on the accumulated pension corpus under NPS in respect of Central Government Civil employees covered under NPS.
3, The rule provides that where a Central Government employee covered under NPS is compulsorily retired from service as a penalty or is dismissed or removed from Government service, the lump sum and the annuity out of his accumulated pension corpus shall be paid to him in accordance with the regulations notified by the Pension Fund Regulatory and Development Authority (PF RDA) payable to the Subscriber as admissible in the case of exit of a Subscriber from the National Pension System before superannuation.
4. However, the Government employee, at his option, may continue to subscribe to the National Pension System with the same Permanent Retirement Account Number as a non-Government subscriber, in accordance with the regulations notified by the Authority.
5. The above provisions shall, however, be without prejudice to any action being taken in such cases in respect of gratuity and other retirement benefits not covered by these rules and those benefits shall be regulated in accordance with the rules as applicable to such benefits.
6. All Ministries/Departments are requested that the above provisions regarding effect of compulsory retirement or dismissal or removal from Government service on the accumulated pension corpus under NPS in respect of Central Government Civil employees covered under the NPS may be brought to the notice of the personnel dealing with the NPS matters of employees in the Ministry/Department and attached/subordinate offices thereunder, for strict implementation
(S Chakrabarti)
Under Secretary to the Government of India
To
All Ministries/Departments/Organisations,
(As per standard list)
COMMENTS