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Streamlining of (NPS) National Pension System-  Govt Contribution Enhanced from 10% to 14%- Cabinet Approval Union Cabinet in its Meeting held on 06th December, 2018 had approved the proposal for Streamlining of National Pension System (NPS)- Enhancement of the Mandatory Contribution by the Central Govt. of its Employees covered under NPS Tier-I from the Existing 10% to 14%. Press Information Bureau  Government of India  Ministry of Finance  10-December-2018 15:01 IST  Streamlining of National Pension System (NPS) Decision The Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS).  Enhancement of the mandatory contribution by the Central Government for its employees covered under NPS Tier-I from the existing 10% to 14%.  Providing freedom of choice for selection of Pension Funds and pattern of investment to central government e...

National Pension System- Govt Contribution to NPS raised to 14% of Basic Salary- News Govt contribution to National Pension Scheme raised to 14% of basic salary Minimum employee contribution will, however, remain at 10 per cent In a bonanza for government employees, the Cabinet Thursday raised the government's contribution to National Pension Scheme (NPS) to 14 per cent of basic salary from the current 10 per cent, sources said. Minimum employee contribution will, however, remain at 10 per cent. The Cabinet also approved tax incentives under 80C of the Income Tax Act for employees' contribution to the extent of 10 per cent, they added. Presently, the government and employees contribute 10 per cent of basic salary each to NPS . Read NPS:- Delhi Govt abolish NPS & Reinstate Old Pension Scheme   While the minimum employee contribution remains at 10 per cent, the government contribution has been increased from 10 per cent to 14 per cent. The Cabinet, headed by ...

First Demand Scrap NPS & Restore OPS and Other 7th CPC Issues- All India Strike on 8th & 9th January, 2019- Confederation CONFEDERTION OF CENTRAL GOVERNMENT EMPLOYEES & WORKERS: CIRCULAR Dtd.28-11-18 CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKER S 1st Floor, North Avenue PO Building, New Delhi — 110001 Website: www.confederationhq.blogspot.com Email: confederationhq@gmail.com CIRCULAR Dated 28-11-2018. DECISIONS OF THE NATIONAL SECRETARIAT MEETING OF CONFEDERATION HELD AT NEW DELHI ON 20-11-2018 NATIONAL SECRETARIAT MEETING OF THE CONFEDERATION OF CENTRAL GOVT. EMPLOYEES &WORKERS WAS HELD AT NEW DELHI ON 20-11-2018 UNDER THE PRESIDENTSHIP OF COM: K.K.N.KUTTY. THE FOLLOWING ARE THE IMPORTANT DECISIONS TAKEN IN THE MEETING. SCRAP NPS & RESTORE OPS HONOUR ASSURANCES GIVEN BY GROUP OF MINISTERS. INCREASE MINIMUM PAY AND FITMENT FORMULA. IMPLEMENT OPTION-1 FOR PENSIONERS. REGULARISE GDS & CONTRACT, CASUAL LABOURERS. SETTLE 10 POINT...

CPS/ NPS- Expert Committee for review of the NPS and demand continue Old Pension Scheme- AP Govt Order GOVERNMENT OF ANDHRA PRADESH ABSTRACT Contributory Pension Scheme (CPS/NPS)- An Expert Committee for review of the Contributory Pension Scheme and examining demand for continuing Old Pension Scheme – Constituted – Orders – Issued. FINANCE (HR.3-PENSION-I) DEPARTMENT G.O.RT.No. 2052 Dated: 28-11-2018 Read the following : - 1. G.O.Ms.No.653 Finance(Pen-1) Department, dated: 22.09.2004. 2. G.O.Ms.No.654 Finance(Pen-1) Department, dated: 22.09.2004. 3. G.O.Ms.No.655 Finance(Pen-1) Department, dated: 22.09.2004. 4. Representations from various Service Associations, public representatives for restoration of Old Pension Scheme. ORDER : In G.O. 1st to 3rd read above, Government of Andhra Pradesh adopted the Government of India's New Pension Scheme based on Defined Contributions for the employees of the State, who are newly recruited on or after 01.09.2004. ...