Replacement of New Pension Scheme with Old Pension Scheme: Govt. reply in Lok Sabha

There is no proposal under consideration to replace the National Pension System (NPS) with old pension scheme - Govt. replied in Lok Sabha 


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.