Switching over to the Old pensions Systems (RS( pension )Rules, 1993) in respect of employees who joined on or after 01.01.2004, but the recruitment formalities were finalized before 01.01.2004.
In terms of Railway Board Circular, RBE No. 28/2020, some railway employees are appointed in railway service on or after 01.01.2004. but were empanelled for appointment in such posts prior to 01.01.2004 against vacancies that existed before 01.01.2004. or recruitment cycles pertaining to periods preceeding 01.01.2004 and were finally appointed on or after 01.01.2004 on account of administrative reasons/coun cases/police verification etc.
Such employees (who are now being covered under the “National Pension System) have been provided an option if they wish to be covered under and switch over to the Railway Services (Pension) Rules, 1993 (Old Pension System).
Such option to be exercised is an “One Time Option" and must be exercised latest by 31.05.2020. The option so exercised is final and irreversible.
The employee, appointed in railway service under the circumstances mentioned above. and only such employee, may exercise his her option in the "Proforma" enclosed, opting to switch over to the Old Pension Sy stem.
The Proforma as singed by the employee and endorsed by the Controlling Officer/Unit-ln-Charge must be made available in this office latest by 31.05.2020. The duly filled in option as in the “Proforma" may also be scanned and e-mailed to dpooffice@gmail latest by 31.05.2020.
Please treat this as MOST URGENT.
