Provide Guaranteed Pension/Family Pension Scheme to the staff covered under New Pension Scheme (NPS) – NC(JCM)

Provide Guaranteed Pension/Family Pension Scheme to the staff covered under New Pension Scheme (NPS) – NC(JCM)

Shiva Gopal Mishra

Secretary

National Council (Staff Side)

Joint Consultative Machinery

For Central Government Employees

13-C, Ferozshah Road, New Delhi – 110001

E Mail : [email protected]

No.NC/JCM/2018

Dated: May 17, 2018

The Cabinet Seretary,

(Government of India),

Cabinet Secretariat,

Rashtrapati Bhawan,

New Delhi

Dear Sir, 

As had been discussed with you previously, I met the Secretary (Pension),
Government of India, who told me that, he had sent the recommendations to
the Secretary (Financial Institution), Government of India, and henceforth
whatever is required would be done by his department only. 

Since this issue is of utmost importance, particularly to younger blood
recruited after 01.01.2004 and they are in quite anguish, we hope, the
staff covered under NPS must be given some relief, and as has been
discussed many a times, the Government of India must provide Guaranteed
Pension/Family Pension Scheme where at least they should be able to draw
50% of their wages at the last pay drawn. 

It has been observed that in all the countries where such scheme is in
prevalent, the government is paying much more contribution, and in case of
any market failure the same is covered by different government Social
Security Schemes. The demand of the NC/JCM has always been to restore the
“Defined Pension/Family Pension Scheme”. 

We hope that, the government will consider the demand of the NC/JCM (Staff
Side) and relief will be given to the staff covered under NPS.

Sincerely yours,

Sd/-

(Shiva Gopal Mishra)

Secretary (Staff Side)

National Council (JCM)