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'Give detailed information to employees about the options under UPS', Railway Ministry directs zones
Railways: To inform railway employees about the options of UPS, the ministry has instructed the zonal officers to organize camps, provide complete information, and help in registration. Also, it has been made mandatory to keep a record of every activity.
The Railway Ministry has asked each one of the country's railway zones to provide full details about the options in Unified Pension Scheme (UPS) to workers at once and efficiently. The ministry added that providing full details to workers is extremely essential to enable them to make a correct decision about their pension scheme. In a circular dated May 21, the ministry requested Principal Chief Personnel Officers at each one of the country's 17 railway zones to give accurate, precise and full information about each one of the options pertaining to UPS to workers.
Recently, the government introduced the Unified Pension Scheme for fresh recruitment. Even current employees have also been offered a choice that if they want, they can opt for either the current New Pension Scheme (NPS) or the newly introduced UPS.
The Railway Ministry has asked the zonal officials to organize help camps to provide information related to UPS and help in registration. These camps should be organized at different places so that maximum number of employees can get its benefit. In these camps, employees will be given complete information about UPS with the help of HR, Finance and subject experts. In the camps, employees will be able to ask their questions, clear their doubts and if they want, they can also complete the registration process immediately.
The ministry has also said that every zone will have to keep a complete record of these help camps. This will have to include the date and place of the camp as well as how many employees participated and how many completed the registration.
