Key Takeaways
- • The Jammu and Kashmir government has constituted a six-member committee, chaired by the director general of accounts and treasuries (DGAT), to ensure time-bound resolution of cases concerning government employees' coverage under the old pension scheme (OPS).
- • The committee was formed under a finance department order issued pursuant to an earlier September 28 order, and covers employees appointed against posts or vacancies advertised or notified before the introduction of the new pension scheme (NPS).
- • The panel will oversee transfer of accumulated pension corpus to the government exchequer and, where applicable, to subscribers' General Provident Fund (GPF) accounts.
- • The committee must submit periodic progress reports to the administrative secretary of the finance department, detailing cases received, scrutinised, recommended, approved, pending and reasons for delays.
Summary
The Jammu and Kashmir government has constituted a committee to expedite cases concerning government employees' eligibility for the old pension scheme (OPS), according to an official order reported by Greater Kashmir. The committee is chaired by the director general of accounts and treasuries and includes senior officials from the finance department, the directorate general of accounts and treasuries, and the J&K funds organisation. The chief accounts officer of DGAT will serve as member secretary.
The finance department issued the constitution order pursuant to an earlier order dated September 28. The cases in scope concern employees appointed against posts or vacancies advertised or notified before the introduction of the new pension scheme (NPS).
The committee will coordinate with administrative departments, the J&K funds organisation, the Pension Fund Regulatory and Development Authority (PFRDA), and the designated central record-keeping agency, Protean e-gov Technologies Ltd, to process and resolve eligible cases. It will also oversee the transfer of accumulated pension corpus to the government exchequer and, where applicable, to subscribers' GPF accounts, and address procedural and technical issues in those transfers. Its remit includes facilitating GPF account number allotment for employees whose OPS coverage has been approved, and coordinating completion of NPS-related transactions and financial reconciliation.
Administrative departments will remain responsible for verifying service particulars, advertisements or notifications, appointment records, and certifying employee eligibility. The NPS cell of DGAT will provide secretarial, technical and coordination support. The committee is required to submit periodic progress reports to the administrative secretary, finance department, including reasons for delays.
The finance department issued the constitution order pursuant to an earlier order dated September 28. The cases in scope concern employees appointed against posts or vacancies advertised or notified before the introduction of the new pension scheme (NPS).
The committee will coordinate with administrative departments, the J&K funds organisation, the Pension Fund Regulatory and Development Authority (PFRDA), and the designated central record-keeping agency, Protean e-gov Technologies Ltd, to process and resolve eligible cases. It will also oversee the transfer of accumulated pension corpus to the government exchequer and, where applicable, to subscribers' GPF accounts, and address procedural and technical issues in those transfers. Its remit includes facilitating GPF account number allotment for employees whose OPS coverage has been approved, and coordinating completion of NPS-related transactions and financial reconciliation.
Administrative departments will remain responsible for verifying service particulars, advertisements or notifications, appointment records, and certifying employee eligibility. The NPS cell of DGAT will provide secretarial, technical and coordination support. The committee is required to submit periodic progress reports to the administrative secretary, finance department, including reasons for delays.
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