NPS (National Pension System) to OPS (Old Pension System) conversion: What is the Rules ? Know about Terms & Condition.
Options under Central Civil Services (Implementation of National Pension System ) Rules, 2021 to avail benefits under old pension scheme on death of Government servant covered under National Pension System during service or his discharge from service on account of invalidation or disablement. Government of India, Ministry of Personnel, Public Grievances and Pensions Department of Pension and Pensioners' Welfare issued a Office Memorandum on dated 26 October 2022 regarding to avail benefit of option for conversion of NPS (National Pension System) to OPS (Old Pension System) after death or Discharge on invalidation or Disability of Government Servant/Subscriber during service. The option shall be exercised to the Head of Office who will accept the same after verifying all the facts submitted therein and place it in the service book. A copy of the option shall be forwarded by the Head of Office to the Central Recordkeeping Agency through the Drawing and Disbursing Officer and the P