PRE-CONDITION FOR PAYMENT OF 60% ARREARS TO GOVERNMENT EMPLOYEES RECRUITED ON OR AFTER 1.1.2004

GOVERNMENT HAS SET A PRECONDITION FOR PAYMENT OF SECOND INSTALMENT OF 60% PAY COMMISSION ARREARS FOR POST 1.1.2004 RECRUITED CG EMPLOYEES

 

NEW CG EMPLOYEES RECRUITED ON OR AFTER 1.1.2004 WILL NOT BE PAID 60% ARREARS UNLESS THEY SIGN THE FORM REGISTERING THEMSELVES UNDER THE NEW PENSION SCHEME

 

DDOs ARE ORDERED NOT TO PAY 60% ARREARS WITHOUT SUBMISSION OF REGISTRATION FORM FOR NPS FROM THOSE EMPLOYEES

 

THIS IS A MEASURE TO TAKE FORCEFUL REGISTRATION FROM ALL THE POST 1.1.2004 RECRUITED EMPLOYEES SINCE THE ACTION OF GOVERNMENT IN ANNOUNCING THE NPS IS DONE BY ADMINISTRATIVE ORDERS WITHOUT AMENDING PENSION ACT

 

Dear Comrades! The Government Orders made it compulsory for payment of 60% of Pay Commission Arrears to all Government Employees recruited on or after 1.1.2004 to submit a form signing for registering under New Pension Scheme to get Permanent Retirement Account Number [PRAN]. The form of registration under NPS shall be submitted to the  National Securities Depositories Limited [NSDL] before 31.08.2009 by the respective DDOs.

 

The Orders of the Ministry of Finance [Department of Expenditure] Dated 17.08.2009 in this regard together with the copy of the PRAN Application Form can be downloaded by clicking the Link Below:

 

http://finmin.nic.in/6cpc/NPS6thcpc.pdf

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K.Ragavendran
Secretary General NFPE