Exemption of Railways from New Pension Scheme (NPS)
Shri Piyush Goyal
Honbal Minister of Railways
Sub: Exemption of Railways from New Pension Scheme (NPS) – reg.
Ref: (i) Hon’ble MR’s D.O./no.2012/F(E)III/I/4-pt dated 29th March 2014 to Hon’ble Finance Minister, Government of India.
(ii) Hon’ble MR’s D.O.No.2012/F(E)III/1/1/4-pt dated 20th Nov 2015 to the Hon’ble Finance Minister Shri Arun Jaitely.
(iii) NFIR’s letter No.IV/NPS/PFRDA BILL/Part I dated 13th Feb,2017 & 26th Oct, 2017.
While enclosing copy of NFIR’s letter sent to you vide dated 26th Oct,2017. I request you to kindly make special efforts at the level of the Government as well by reaching Hon’ble Prime Minister for the purpose of exempting Railways from the National Pension System (NPS). I also desire to bring to your kind notice that your predecessors shri Mallikarjum Kharge and Shri Suresh Prabhu have already sent proposals to the Government of India (Ministry of Finance) highlighting the uniqueness of Railways working and the necessity to exempt Railways from the NPS.
I trust that you would do the needful for obtaining favourable decision which would motivate all sections of Railway employees to work with grater determination and commitment for providing efficient services.