Railway Board Grants Old Pension Scheme to Young Railway Employees

Railway Board Grants Old Pension Scheme to Young Railway Employees

The Railway Board replied to the President of Akhil Bhartiya Railway Mazdoor Sangathan on 6th September, 2018

Government of India (Bharat Sarkar)
Ministry of Railways (Rail Mantralaya)
(Railway Board)

No.D-43/19/2017-F(E)III

Dated: 06.09.2018

Sh.Mangat Ram Saini,
National President,
Akhil Bharitya Railway Mazdoor Sangathan,
125/R, Ram Nagar,
Pathankot – 145001,
Mob: 9464000303

Dear Sir,

Sub: Grant of Old Pension to the Young Employees Working in the Railway

Please refer to your letter dated 12.07.2018 on the above cited subject.

2. In this regard it is stated that the decision to implement the National Pension System (NPS) w.e.f.01.01.2014 for all recruits, is of the Government of India. The Ministry of Railways being an administrative Ministry in respect of Pensionery matters is bound to adhere to the decision taken by the Nodal Department, i.e., Department of Financial Services (Ministry of Finance).

The Ministry of Raiways is not empowered to take any unilateral decision.

sd/-
(G.Priya Sudarsani)
Diector, Finance (Estt.)
Railway Board

Source: Confederation