Good news for employees! Old pension will be applicable in the state! CM’s big statement, know update

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Employees before the year 2003 get a minimum of Rs 9000 pension for the period of service and basic with DA, while under NPS there is a minimum monthly pension of Rs 554 for deposits up to Rs 2 lakh.

Ahead of the Himachal Pradesh and Gujarat assembly elections, the latest update has come out regarding the old pension scheme. Delhi CM Arvind Kejriwal has announced the restoration of the old pension scheme after the formation of the AAP government in both the states. The special thing is that the statement of the Kejriwal government has come at a time when the Bhagwantman government of Punjab has restored the old pension scheme a day earlier.

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CM Arvind Kejriwal wrote on his official account – We had promised Punjab that Old Pension Scheme would be implemented in Punjab. Today Bhagwant Man ji has accomplished that. Congratulations to all the employees of Punjab. The New Pension Scheme is unfair, OPS should be implemented back in the whole country, if the people of HP and Gujarat give a chance, they will implement OPS there too.

Gujarat AAP President Gopal Italia said that if AAP comes to power in Gujarat, the party will do the same here. It is a historic decision of AAP to restore the old pension scheme in Punjab. Thousands of employees will benefit from the decision of Punjab Chief Minister Bhagwant Mann. After coming to power, AAP will start old pension scheme in Gujarat also.

He and AAP’s national joint secretary Isudan Gadvi appealed to government employees in Gujarat to vote for the party in the upcoming assembly elections and claimed that AAP’s national convener and Delhi Chief Minister Arvind Kejriwal is known to deliver on his promises. .

Here, Gujarat Congress spokesperson Manish Doshi says that the Congress is the first in the country to restart the old pension scheme for the state government employees. We have done it in Rajasthan, Chhattisgarh and Jharkhand. Rahul Gandhi has promised that we will do the same in Gujarat after forming the government. Employees know that Congress always fulfills its promises.

Employees warned

The same employee-pensioners organization has already warned that if the government does not restore the old pension immediately, then the mission will turn into mission delete instead of repeat. If the state government does not restore the old pension soon, then they will have to bear the brunt of it in the coming elections. In Himachal Pradesh, the same government will be brought to power, which will restore the old pension of the government employees. About 1.50 lakh employees are covered under NPS and 1 lakh employees come under OPS in the state.

Know how much the load will be

NPS was brought by the Atal government at the center, but in Himachal it was implemented by the Congress government of Virbhadra Singh, so whenever it comes to ops, both the main parties blame each other. At present, Rs 7500 crore is spent annually to pay the pension in Himachal. If the government restores the old pension, then the expenditure on pension for the employees retiring in 2030 can reach up to Rs 25 thousand crore. After the implementation of OPS in 2004, 1.5 lakh personnel were recruited in government departments.

What’s the advantage OPS

  • Employees before the year 2003 get a minimum of Rs 9000 pension for the period of service and basic with DA, while under NPS there is a minimum monthly pension of Rs 554 for deposits up to Rs 2 lakh.
  • In this, the pensioner is maximum Rs 5000, on an average, from 2200 to 3000. On 22nd of every month, 14% of Basic and DA goes to the account of NSDL company. 10% of the employees and 14% from the government i.e. both are invested in the stock market.
  • The number of employees under NPS is 1.10 lakh and under OPS is 80000. There is now a provision in the Sixth Pay Commission to give a minimum pension of 18000 to the retired employee under OPS.
  • After implementation of NPS 700 employees retired and 600 are drawing monthly pension.
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