Home India Ministry of Labour and Employment In exercise of the powers conferred by section 6A read with ...
Date: 2020-02-20 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 6A read with sub section 1 of section 7 of the Employees Provident Funds and Miscellaneous Provisions Act

Issued by Ministry of Labour and Employment · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary: Employees' Pension Amendment Scheme, 2020** This notification, G.S.R. 132(E), issued by the Ministry of Labour and Employment on February 20, 2020, enacts the Employees' Pension Amendment Scheme, 2020. The amendment, made in exercise of the powers conferred by section 6A read with subsection 1 of section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), modifies the Employees' Pension Scheme, 1995. The key provision of the amendment is the insertion of paragraph 12B, which addresses the restoration of normal pension benefits. Specifically, it stipulates that for members who opted for commutation of pension under the former paragraph 12A of the Scheme on or before September 25, 2008, their normal pension will be restored after fifteen years from the date of such commutation. The amendment comes into effect on the date of its publication in the Official Gazette. The Employees' Pension Scheme, 1995, was initially published under notification number G.S.R. 748(E) on November 16, 1995, and last amended under notification number G.S.R. 285(E) on April 4, 2019. The issuing authority is R.K. Gupta, Joint Secretary, Ministry of Labour and Employment (File No. R15011012019-SSII Pt.).

Key Entities Referenced

Employees' Provident Funds and Miscellaneous Provisions Act, 1952: A labour welfare legislation in India providing for provident fund, pension and insurance for employees. Central Government: The Union government of India. Employees' Pension Scheme, 1995: A pension scheme for employees in India, as part of the Employees' Provident Fund. Employees' Pension Amendment Scheme, 2020: Amendment to the Employees' Pension Scheme, 1995. New Delhi: The capital of India, located in Delhi. Ministry of Labour and Employment: A ministry of the Government of India responsible for labour welfare and employment. G.S.R. 748E: Notification number related to the Employees' Pension Scheme, 1995. G.S.R. 285E: Notification number that amended the Employees' Pension Scheme, 1995.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-20022020-216283 xxxGIDExxx CG-DL-E-20022020-216283 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 114] नई दिल्ली, बृहस्ट्प जतवार, फरवरी 20, 2020/फाल्ग नु 1, 1941 No. 114] NEW DELHI, THURSDAY, FEBRUARY 20, 2020/PHALGUNA 1, 1941 श्रम और रोिगार मत्रं ालय अजधसचू ना नई दिल्ली, 20 फरवरी, 2020 सा.का.जन.132(अ).—केन्द्रीय सरकार, कममचारी भजवष्य जनजध और प्रकीणम उपबधं अजधजनयम, 1952 (1952 का 19) की धारा 7 की उप-धारा (1) के साथ पठित धारा 6क द्वारा प्रित्त िजियों का प्रयोग करते हुए कममचारी पेंिन योिना, 1995 का और संिोधन करन े के जलए जनम्नजलजखत योिना बनाती ह,ै अथामत:- 1. (1) इस योिना का संजिप्त नाम कममचारी पेंिन (संिोधन) योिना, 2020 ह।ै (2) यह योिना रािपत्र में उसके प्रकािन की तारीख से प्रवृत्त होगी। 2. कममचारी पेंिन योिना, 1995 में परै ा 12 के पश्चात जनम्नजलजखत परै ा को अन्द्त:स्ट्थाजपत दकया िाएगा, अथामत:- “12ख. सरंािीकरण प्रिान करन ेके मामलों म ेंसामान्द्य पिें न की पनु:बहाली. – इस योिना के तत्कालीन परै ा 12क के अधीन 25 जसतम्बर, 2008 को या इसस े पहल े पेंिन सरं ािीकरण का लाभ प्राप्त कर चकु े सिस्ट्यों के संबंध म ें सामान्द्य पेंिन, ऐसे संरािीकरण की तारीख से पंरह वर्म पूण महोने के पश्चात पनु :बहाल की िाएगी।” [फा. सं. आर-15011/01/2019-एसएस-II(भाग)] आर. के. गुप्ता, संयुि सजचव 1018 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] नोट: कममचारी पेंिन योिना, 1995 अजधसूचना स.ं सा.का.जन. 748(अ.) तारीख 16 नवंबर, 1995 द्वारा भारत के रािपत्र, असाधारण, भाग II, खण्ड 3, उप-खण्ड (i) में प्रकाजित की गई थी और अजधसूचना सं. सा.का.जन. 285(अ.) तारीख 4 अप्रलै , 2019 द्वारा अजन्द्तम बार संिोजधत की गयी थी। MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 20th February, 2020 G.S.R.132 (E).—In exercise of the powers conferred by section 6A read with sub-section (1) of section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees' Pension Scheme, 1995, namely:- 1. (l) This Scheme may be called the Employees' Pension (Amendment) Scheme, 2020. (2) It shall come into effect from the date of its publication in the Official Gazette. 2. In the Employees' Pension Scheme, 1995, after paragraph 12, the following paragraph shall be inserted, namely:– “12B. Restoration to normal pension in cases of grant of commutation. – The normal pension in respect of those members who availed the benefit of commutation of pension under the erstwhile paragraph 12A of this Scheme, on or before the 25th day of September, 2008, shall be restored after completion of fifteen years from the date of such commutation.”. [F. No. R-15011/01/2019-SS-II (Pt.)] R.K. GUPTA, Jt. Secy. Note : The Employees' Pension Scheme, 1995 was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide notification number G.S.R. 748(E), dated the 16th November, 1995 and was last amended vide notification number G.S.R. 285(E), dated the 4th April, 2019. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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