# Jammu and Kashmir Forms Panel to Accelerate Old Pension Scheme Coverage A six-member committee will expedite pension transitions for eligible government employees in Jammu and Kashmir. - **Source:** [mint - money](https://www.livemint.com/rss/money) - **Published:** 2026-10-31 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/8f7615bf-3d4e-4ce7-a872-e8665538c954 ## Strategic Committee Formation The Jammu and Kashmir government has established a six-member committee to expedite the transition of eligible employees to the Old Pension Scheme. Chaired by the Director General of Accounts and Treasuries, this panel aims to resolve procedural hurdles for staff whose recruitment advertisements predated the implementation of the New Pension Scheme. ## Regulatory Coordination Efforts The committee will maintain active coordination with the Pension Fund Regulatory and Development Authority and Protean eGov Technologies Ltd. This multi-agency approach ensures that central record-keeping institutions align with local administrative departments. Such collaboration is essential for managing complex financial reconciliations and ensuring that all pension fund transfers are processed accurately. ## Core Operational Responsibilities Primary duties include examining individual cases and facilitating the allotment of General Provident Fund account numbers for approved employees. The panel must ensure that all proposals reach the Finance Department efficiently. By streamlining these technical tasks, the committee intends to reduce the administrative backlog currently affecting many government employees seeking scheme coverage. ## Financial Fund Management A critical function of the panel involves managing the transfer of accumulated pension funds to the government exchequer and individual GPF accounts. This process addresses technical difficulties related to NPS transactions and financial reconciliation. Ensuring seamless fund allocation remains a priority to prevent discrepancies during the transition from the New Pension Scheme. ## Departmental Verification Protocols Individual administrative departments retain the responsibility for verifying service details and recruitment notifications. Before any eligibility is certified, departments must cross-reference basic data and appointment records against official government orders. This verification step is mandatory to ensure that only those employees meeting the specific criteria are granted access to the scheme. ## Reporting and Accountability To maintain transparency, the committee is required to submit periodic progress reports to the Administrative Secretary of the Finance Department. These reports must detail the number of cases scrutinized, recommended, and approved. Furthermore, the committee must document any pending cases and provide clear reasons for delays to ensure continuous oversight and accountability. ## Technical Support Infrastructure The NPS cell of the Directorate General of Accounts and Treasuries will provide necessary technical and secretarial support to the committee. This internal unit assists with coordination efforts and handles associated administrative tasks to ensure the process remains seamless. Their involvement is vital for maintaining the operational pace required by the government mandate. ## Eligibility and Implementation Scope The formation of this panel provides a structured mechanism for moving pending cases forward, yet it does not automatically extend benefits to all staff. Coverage remains strictly dependent on individual record verification and approval by the competent authority. This targeted approach ensures that only eligible employees receive the specific pension scheme benefits. ## Sources covering this story - https://www.livemint.com/money/personal-finance/jk-forms-six-member-panel-to-fast-track-old-pension-scheme-coverage-for-eligible-employees-11793433718198.html — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._