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New Post Retirement Medical Scheme (2015 onwards)

The New Post-Retirement Medical Scheme (PRMS) is a special scheme of contributory participation to realise benefits of medical attention post retirement. New PRMS is a part of the service conditions of employees who joined the institute’s services on or after March 11, 2015. Employees of the institute who were on the rolls of the institute on March 10, 2015, as permanent employees of the institute are entitled to join the scheme on exercising an option in this regard within three months of the adoption of the scheme by the Board of Governors. Employees who had retired from the institute service before March 11, 2015, are not eligible to join the scheme. However, as a special provision, PRMS members retired between March 11, 2014 and March 11, 2015 have an option to switch over to New PRMS scheme by paying one time lumpsum amount.