Coverage under Railway Services (Pension) Rules, 1993, in place of National Pension System, of those Railway employees whose selection for appointment was finalized before 01.01.2004 but who joined Railway service on or after 01.01.2004.

March 10, 2020, 12:17 PM
Share

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

RBE No. 28/2020

No. D-43/12/2018-F(E)III                                    New Delhi, Dated : 03.03.2020
The GMs/Principal Financial Advisors,
All Zonal Railways/Production Units,
(As per mailing list)

Subject: Coverage under Railway Services (Pension) Rules, 1993, in place of National Pension System, of those Railway employees whose selection for appointment was finalized before 01.01.2004 but who joined Railway service on or after 01.01.2004.

**********

A copy of Department of Pension & Pensioners’ Welfare (DOP&PW’s) O.M. No. 57/04/2019-P&PW(B) dated 171 h February, 2020 is enclosed herewith for compliance and guidance. These instructions shall apply mutatis mutandis on the Railways also. Central Civil Services (Pension) Rules, 1972 correspond to the Railway Services (Pension) Rules, 1993.
The Department of Economic Affairs, Ministry of Finance’s Notification No. 5n/2003-ECB &PR dated 22.12.2003, mentioned in the DOP&PW’s O.M. dated 17.02.2020, has been circulated on Railways vide this office’s letter No. F(E)III/2003/PN 1/24 dated 31.12.2003.
2. Similar to the amendments made in the Central Civil Services (Pension) Rules, 1972
and other connected rules, as mentioned in para 1 of the DOP&PW’s O.M. dated 17.02.2020, the Railway Services (Pension) Rules, 1993 and other connected rules were also amended vide Notification No. F(E)III/2003/PN1/38 dated 30.12.2003.
3. Further, separate instructions with respect to para 9 of the DOP&PW’s O.M. dated
17.02.2020 will be issued by the Accounts Directorate for accountal of the corpus available in
the NPS account of the railway servant.
D.A.: as above

(G. Priya Sudarsani)
Director, Finance (Estt.),
Railway Board

Download Original Orders of Railway Board

   
Disclaimer: Disclaimer: The Information, News, Videos, Articles, and other content provided on this platform have been collected, compiled, or referenced from various sources available in the public domain. We believe that “Knowledge Is Power” and our aim is to create general awareness among people and make useful information easily accessible to everyone. While we make reasonable efforts to present information accurately and responsibly, we do not guarantee that all information, news, videos, or other content published on this platform is complete, current, or free from errors. Users are advised to independently verify important information from official or authoritative sources before relying upon it or taking any action based on it. NOTE: The content on this platform is intended for general information and awareness purposes only and should not be considered as professional, legal, financial, medical, or official advice. Knowledge Hub Information Center does not assume responsibility for any loss, damage, or consequence arising from reliance on information published on this platform.
Share

This entry was posted in 2 Railway Employee, 4 Railway Circulars / Rule, RBE 2020, Retirement / Pension, Railway Employee