Will 50% NPS Guaranteed Pension be included in upcoming budget? – Urgent meeting of Finance Ministry with NCJCM on 15.7.2024

The Ministry of Finance has announced that a critical meeting with NCJCM Staff Side is scheduled for July 15, 2027, to review the Pension System

It is anticipated that since this meeting is scheduled to take place prior to the budget, the important issue of including the 50% NPS Guaranteed Pension in the upcoming budget will be addressed.

Urgent meeting of Finance Ministry with NCJCM : 50% NPS Guaranteed Pension in the upcoming budget ?

URGET MEETING

F.No.1(4)/E-V/2023
Ministry of Finance
Department of Expenditure
E-V Branch

North Block, New Delhi
Dated the 10th July, 2024

To
Shri Shiv Gopal Mishra
Secretary, Staff Side (National Council) (Joint Consultative Machinery)
13-C-Ferozshah Road
New Delhi-110001

Subject: Committee to Review Pension System-Discussions with Staff Side (National Council, JCM).

Sir

I am directed to inform you that the Committee to review pension system, set up under the Chairmanship of Finance Secretary in terms of this Deptt’s OM No. 1(4)/EV/2023, dated 6th April 2023 proposed to hold discussions with the Staff Side of the National Council (JCM) at 3:00 PM on 15.07.2024 (Monday) in Room No. 169-D, Fresco, North Block, New Delhi.

2 You are requested to kindly attend the same along with the other representatives of the Staff Side (National Council), The list of participants may be sent to the undersigned in advance.

Yours faithfully
(Vijay Kumar Sharma)
Under Secretary to the Government of India.

Copy to:

1. PPS to FS & SE
2. PSO to AS (Pers)

View the MoF Letter pdf