Nodal Ministry For Pension Scheme

In exercise of the powers conferred by clause (3) of article 77 of the Constitution of India, the President of India made the Government of India (Allocation of Business) Rules, 1961. The business of the Government of India is transacted in the Ministries, Departments, Secretariats and Offices in accordance with the said 1961 Rules.

In terms of the Government of India (Allocation of Business) Rules, 1961, the subject ‘The Central Civil Services (Pension) Rules, 1972’is administered by the Department of Pensions and Pensioner’s Welfare (DoP&PW). In this regard, formulation of policy and co-ordination of matters relating to retirement benefits to Central Government employees are the subject matters relatable to the DoP&PW.

Further, the subject matter relating to the pension reforms has been allocated to the Department of Financial Services (DFS). The Department of Financial Services performs the functions of coordinating and introducing pension reforms and policy matters with regard to the National Pension System (NPS).

This information was given by the Union Minister of Law and Justice, Shri Kiren Rijiju in a written reply in Rajya Sabha, today.



    Source PIB