Coverage under Railway Services (Pension) Rules, 1993, in place of National Pension System, of those Raiway employees whose selection for appointment was finalized before 01.01.2004 but who joined Railway service on or after 01.01.2004
Subject:
Coverage under Railway Services (Pension) Rules, 1993, in place
of National Pension System, of those Raiway employees whose
selection for appointment was finalized before 01.01.2004 but
who joined Railway service on or after 01.01.2004.
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A copy of Department of Pension & Pensioners' Welfare (DOP&PW's) O.M. No.
57/04/2019-P&PW(B) dated 17" February, 2020 is enclosed herewith for compliance and
guidance. These instructions shall apply mutatis mutandis on the Railways also. Central Civil
Services (Pension) Rules, 1972 correspond to the Railway Services (Pension) Rules, 1993.
The Department of Economic Affairs, Ministry of Finance's Notification No. 5/7/2003-ECB
&PR dated 22.12.2003, mentioned in the DOP&PWs O.M. dated 17.02.2020, has been
circulated on Railways vide this office's letter No. F(E)||I/2003/PN1/24 dated 31.12.2003.
2.
and other connected rules, as mentioned in para 1 of the DOP&PW's O.M. dated 17.02.2020,
the Railway Services (Pension) Rules, 1993 and other connected rules were also amended
vide Notification No. F(E)II/2003/PN1/38 dated 30.12.2003.
Similar to the amendments made in the Central Civil Services (Pension) Rules, 1972
3.
Further, separate instructions with respect to para 9 of the DOP&PWs O.M. dated
17.02.2020 will be issued by the Accounts Directorate for accountal of the corpus available in
the NPS account of the railway servant.
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