Navodaya Vidyalaya (NVS) employees entitled to New Pension Scheme: MHRD Clarification

Navodaya Vidyalaya (NVS) employees entitled to New Pension Scheme: MHRD Clarification 24.07.2017

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The New Pension Scheme (NPS), which was introduced for the Central Government employees w.e.f. 1.1.2004, was made applicable to the regular employees of NVS w.e.f. 1.4.2009.

The employees of the Navodaya Vidyalaya Samiti (NVS) had been given the benefits of Contributory Provident Fund (CPF) scheme since its inception. 

Those employees who had joined NVS on regular basis before 1.4.2009 were given an option to continue with the existing CPF scheme or to join the NPS. 

The option was to be exercised by 3.11.2009. 

Those employees of NVS who have opted for and are covered under the NPS, are entitled to the benefits envisaged under this scheme. 

Thus, the teachers of the Jawahar Navodaya Vidyalayas are already entitled to benefits of either the CPF scheme or the NPS scheme having regard to the option exercised by them.

This information was given by MINISTER OF HUMAN RESOURCE DEVELOPMENT SHRI PRAKASH JAVADEKAR in a written reply in Lok Sabha today.

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