In a major move, a select group of central government employees have been given a one-time option to opt for old pension scheme, according to a Personnel Ministry order. The employees who joined the central government services against posts advertised or notified before December 22, 2003, the day National Pension System (NPS) was notified, are eligible to join the old pension scheme under the Central Civil Services (Pension) Rules, 1972 (now 2021), said the order.
This option may be exercised by the government servants concerned latest by August 31, 2023. The move came following various representations/references and court decisions in this regard, it said.
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