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DCPS of State Govt. merging with NSP of Government of India.

Maharashtra Government has issued a resolution on 21.08.2014 for Merging the New ‘Defined Contributory Pension Scheme (DCPS) of State Government with the New Pension Scheme (NPS) of Government of India.  The detailed resolution are as under:

Government of Maharashtra
Finance Department
Government Resolution No.: CPS-2012/C.R.96/SER-4
Hutatma Rajguru Chowk, Madam Cama Road,
Mantralaya, Mumbai - 400 032.
Date: 21st August, 2014.

Read - 1. Government Resolution No.: No.CPS 1005/126/Ser-4 Dated 31.10.2005
            2. Government Resolution No.: CPS 1007/18/Ser-4 Dated 07.07.2007

Introduction-

State Government has implemented the New Defined Contributory Pension Scheme on the lines of Government of India, to the employees who are recruited on or after 1st November, 2005 vide Government Resolution referred at No.1. Government had also taken a decision to join Government of India’s scheme for the purpose of implementation.

2. State Government has already formed the State Record Keeping Agency (SRKA) vide Government Resolution referred at No.2 and is implementing the scheme through this Agency, pending formation of the Central Record Keeping Agency (CRKA) by Government of India Government Resolution No.: CPS-2012/C.R.965/SER-4

Resolution -

3. State Government is pleased to join the New Pension Scheme (NPS)of the Government of India w.r.t. the employees who are recruited on or after 1st November, 2005 in the State Government, the Zilla Parishadas, Recognized and Aided Educational Institutions, Non - Agricultural Universities and affiliated Non - Government Colleges and Agricultural Universities etc. Therefore the New “Defined Contributory Pension Scheme” which is implemented in the State will be henceforth called as the “New Pension Scheme” (NPS)

4. State Government has also decided to appoint the State Record Keeping Agency (SRKA) as the State Nodal office and the Director, Accounts and Treasuries, as the State Nodal Officer after joining Central Government’s New Pension Scheme.

5. Detailed instructions about the procedure of implementation will be issued separately after executing due agreement with the Central Record Keeping Agency (CRKA).

This Government resolution of Maharashtra Government is available at the web site www.maharashtra.gov.in. Reference no. for this is 201408211208270505

This order has been signed digitally. By order and in the name of the Governor of Maharashtra.

(N.B.Ringne)
Deputy Secretary to Government of Maharashtra