UP government reinstates Old Pension Scheme (OPS) for employees recruited through advertisements issued before March 28, 2005, offering financial security.
Revival
Employees selected for posts advertised before March 28, 2005, but appointed after NPS implementation can now opt for OPS benefits.
Eligibility
Officials must submit option letters (if given before October 31, 2020) along with service book copies to avail OPS benefits.
Deadline
Required: Certified service book, recruitment advertisement copy, joining date proof, and department head's recommendation for OPS approval.
Documents
Municipal Commissioners must compile employee data including current post, pay scale, and DOB in prescribed format for OPS clearance.
Process
UP's Local Bodies Directorate issues guidelines for smooth OPS transition, ensuring pre-2005 recruits receive pension benefits.
Implementation
OPS ensures fixed monthly pensions, unlike NPS's market-linked returns, providing financial stability to retiring government employees.