Restoration of Old Pension Scheme to Railway Employees: Lok Sabha QA 

Restoration of Old Pension Scheme to Railway Employees: Lok Sabha QA dated 31.07.2024

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS

LOK SABHA

UNSTARRED QUESTION NO. 1478
TO BE ANSWERED ON 31.07.2024

RESTORATION OF OLD PENSION SCHEME TO RAILWAY EMPLOYEES

1478 SHRI RAJA A
SMT. HARSIMRAT KAUR BADAL

Will the Minister of RAILWAYS be pleased to state:

(a) whether the Government is aware of the agitation by Railway Trade Unions against reported move to privatise Railways and for restoration of Old Pension Scheme to its employees;

(b) whether the Government has replaced the Old Pension Scheme with New Pension Scheme and if so, the details thereof; and

(c) details of Merits and Demerits of New Pension Scheme and Old Pension Scheme?

ANSWER

MINISTER OF RAILWAYS, INFORMATION & BROADCASTING AND ELECTRONICS
& INFORMATION TECHNOLOGY

(SHRI ASHWINI VAISHNAW)

(a) to (c): There is no proposal for privatization of Railways.

Regarding replacement of Old Pension Scheme with New Pension Scheme, Railways follow the policies/ guidelines of Department of Pension and Pensioners’ Welfare (DoP&PW) which is the nodal Ministry of Government of India on pension matters.

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