Old Pension Scheme: New update!Big news for employees-pensioners, Complete the process by June 30, otherwise you will not get the benefit of ‘old pension scheme’

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Old Pension Scheme: Big news for central employees, will get the benefit of old pension, order issued, complete the process by August 31
Old Pension Scheme: Big news for central employees, will get the benefit of old pension, order issued, complete the process by August 31

An order has been issued by the Finance Department to implement the old pension scheme for employees working in boards, corporations and autonomous bodies and universities established after January 1, 2023.

Employees Old Pension Scheme: There is big news for the employees. They will get the benefit of the old pension scheme. For this the old pension scheme has been restored. However, the employees will have to complete the process before June 30 to avail the benefits of the scheme. The process will be closed after 30 days. Officers and employees who do not complete the documentation work will be deprived of this benefit.

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In Rajasthan, for the last one year, the employees of the state government are being given the benefit of the old pension scheme. It has been implemented for many state employees. The Ashok Gehlot government had ordered the Rajasthan State Road Transport Corporation to implement the old pension scheme for the employees.

Application will have to be done by June 30

For this, applications have to be made by June 30. The date till June 30 has been fixed for selecting the option of pension. Only then he will be considered a member of the CPF scheme. Issuing the order, it was said that such employees have resigned from their posts or those who have been fired. Such employees will not be eligible for the old pension scheme.

Order issued to implement old pension scheme

Same for the family pensioners of Rajasthan, the family members of the deceased employees will also be able to apply for the old pension scheme. An order has been issued by the Finance Department to implement the old pension scheme for employees working in boards, corporations and autonomous bodies and universities established after January 1, 2023.

According to the Finance Department official, such employees who will not opt for the old pension option. His contribution will be made as per the pattern of the University. 12% will be paid each of the employer’s share and the employee’s share. The employer’s share will go to the pension fund while the employee’s share will go to the GPF fund.

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