Narendra Modi Government is not ready to revert the NPS to old pension scheme. We achieved several of the demands, refused to accept by the successive Governments, through struggle. GDS of Postal Departmet achived Kamalesh Chandra Commission report through bitter struggle. Confederation has decided to fight the demand of NPS. The very first step is
to join the massive parliament march organized on 5th September.
friends are requested to join the rally.
Abolition of Contributory Pension Scheme :: RS - Q &A (24-07-2018)
MINISTRY OF FINANCE
QUESTION NO 710
ANSWERED ON 24.07.2018
Abolition of Contributory Pension Scheme
Shri Dharmapuri Srinivas
Will the Minister of FINANCE be pleased to state :-
(a) whether the attention of Government is drawn to the matter of Contributory Pension Scheme and problems being faced by the employees;
(b) if so, the details thereof;
(c) whether a number of requests from State Governments and Government employees have been received by Government to withdraw the CPS System, the status of such requests; and
(d) whether Government is planning to resolve the matter and abolish the CPS System in view of the problems being faced by the employees?
The Minister of State in the Ministry of Finance
(a) to (d) Yes Sir. Representations have been received from various Associations of Government Employees on the problems being faced and the demand to withdraw the National Pension System (NPS). The 7th Central Pay Commission (CPC) also in its report examined the issues related to NPS and made recommendations for addressing these issues. Pursuant thereto, it was decided to constitute a Committee of Secretaries to suggest measures for streamlining NPS. The Committee has submitted its report. Due to rising and unsustainable pension bill and keeping in view of fiscal imperatives, it is not possible for the government to revert back to old pension scheme.