Delhi University approves old pension scheme for eligible staff
The Delhi University has approved the implementation of the Government of India’s circular dated March 3, 2023, allowing employees appointed against posts advertised on or before December 22, 2003, to opt for the Old Pension Scheme (OPS) during the Executive Council meeting on October 14.
The resolution came after Executive Council member Aman Kumar raised the issue, leading to extensive deliberations.
“We are pleased that the council has recognised the importance of extending the OPS to our eligible employees. This decision reflects our commitment to ensuring financial security for those who have dedicated their service to the university,” Kumar said on Tuesday.
The council also approved a proposal that allows the beneficiaries of employees under the New Pension Scheme (NPS) to avail the OPS in the event of the employee’s death during service. This provision aims to provide additional support and security to the families of university staff.
Following the approval, the university plans to send these proposals to the University Grants Commission (UGC) for final endorsement. As noted in the minutes of the meeting, the council carefully considered the provisions outlined in the government’s order and resolved to extend these benefits to Delhi University employees.