GOVERNMENT
OF INDIA
MINISTRY
OF FINANCE
LOK
SABHA
UNSTARRED QUESTION NO: 1524
ANSWERED
ON: 04.03.2016
Replacement of New Pension Scheme
SUKHBIR SINGH JAUNPURIA
Will the Minister of FINANCE be pleased to state:-
(a) whether the Government proposes to replace the New Pension Scheme (NPS) with old pension scheme; and
(b) if so, the details thereof and the reasons therefor?
ANSWER
The Minister of State in the Ministry of Finance
(a) & (b) there is no proposal under consideration to replace the National Pension System (NPS) with old pension scheme in respect of Central Government employees recruited on or after 01.01.2004.
