It has adopted the Payment of Gratuity Act, 1972 for employees who joined on or after January 1, 2004 and are covered under the National Pension System (NPS).
NPS
Scrapping of NPS and restoration of OPS
it was decided to organize public awareness programme by holding Gate Meeting at all offices and wide publicity through Main Media and Social Media
PFRDA – Partial Withdrawal for NPS Subscribers
Regarding the option of submission of the partial withdrawal requests by the subscribers through their nodal office/POPs as per the prevalent practice
Pension Fund under the New Pension System
Regarding How much corpus fund has been generated and which agency has been entrusted with managing the funds under the New Pension System
No proposal for restoration of old pension scheme
Regarding the decision taken or being taken by the Government to return NPS money to those States who have started OPS