Pension scheme in NVS

Pension scheme in NVS

GOVERNMENT OF INDIA
MINISTRY OF HUMAN RESOURCE DEVELOPMENT
RAJYA SABHA

UNSTARRED QUESTION NO-1612

ANSWERED ON-08.12.2014

Pension scheme in NVS

1612 . Shri Arvind Kumar Singh

(a) whether Government is aware of the fact that the retired teachers and officials of Navodaya Vidyalaya Samiti (NVS) are leading a precarious life after retirement, as the provision for pension was not available to the employees who joined before 2004, prior to introduction of New Pensions Scheme;
(b) whether Government is planning to provide pensions to such retired teachers and officials;
(c) if so, by when such pension would be disbursed and the details thereof; and
(d) if not, the reasons therefor?

 

ANSWER

MINISTER OF HUMAN RESOURCE DEVELOPMENT
(SMT. SMRITI ZUBIN IRANI)

(a) to (d) The employees of Navodaya Vidyalaya Samiti had been given the benefit of Contributory Provident Fund (CPF) scheme since its inception. Subsequently, the Government had approved introduction of New Pension Scheme (NPS) for all regular employees of the Navodaya Vidyalaya Samiti (NVS) joining on or after 01.04.2009. However, those employees who joined NVS on regular basis before 01.04.2009 were given the option vide NVS’s notification dated 04.08.2009 either to continue with the existing Contributory Provident Fund (CPF) scheme or to join the New Pension Scheme. This option was to be exercised latest by 03.11.2009. Thus, the Government has already provided post retirement benefits of either CPF Scheme or NPS to the employees of NVS including teaching and non-teaching staff.