NPS: Now employees will not be able to withdraw the amount of NPS, know the orders of the Finance Department

In view of the restoration of the old pension scheme for government officers-employees by the Chhattisgarh government, the final withdrawal of the new contributory pension scheme has been put on hold.

New Contributory Pension Scheme: In view of the restoration of the old pension scheme for government officers-employees by the Chhattisgarh government, the final withdrawal of the new contributory pension scheme has been put on hold.

New Contributory Pension Scheme: In the instructions issued by the Finance Department, it has been said that after the implementation of the old pension scheme by the state government, it is unfair to withdraw under the contributory pension scheme.

It is noteworthy that the Chhattisgarh Government has decided to implement the old pension scheme in place of the new Contributory Pension Scheme (CPS) implemented from November 01, 2004. Along with this, instructions have been given to deduct the General Provident Fund from the salary of the government servants for the month of April as per rules.