Old Pension Scheme ordered for pre-2004 Central Government employees
The Government of India’s Ministry of Personnel, Public Grievances, and Pensions Department of Pension and Pensioners’ Welfare issued an order regarding the Old Pension Scheme on a specific group of Central Government employees.
Coverage under Central Civil Services (Pension) Rules:
The order stated that the Central Civil Services (Pension) Rules would be applicable to Central Government employees who were recruited against posts or vacancies advertised or notified for recruitment on or before December 22, 2003. This means that these employees would be covered under the Old Pension Scheme instead of the National Pension System.

Recruitment Date:
The eligibility criterion for being covered under the Old Pension Scheme is the recruitment date. Employees who were recruited before December 22, 2003, would be eligible for the Old Pension Scheme.
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Difference between Old Pension Scheme and National Pension System:
The Old Pension Scheme provides a defined benefit pension to employees, which is based on their salary and years of service. In contrast, the National Pension System is a defined contribution scheme, which means that the pension amount depends on the amount contributed by the employee and the investment returns.
Impact on Central Government Employees:
This order has a significant impact on Central Government employees who were recruited before December 22, 2003. It provides them with the security of a defined benefit pension under the Old Pension Scheme. This order also ensures that the employees are not adversely affected by the introduction of the National Pension System.
In conclusion, the Government of India’s Ministry of Personnel, Public Grievances, and Pensions Department of Pension and Pensioners’ Welfare issued an order that provides Central Government employees recruited before December 22, 2003, with the security of a defined benefit pension under the Old Pension Scheme instead of the National Pension System. This order has a significant impact on the financial security of these employees.