Old Pension: Big change in pension scheme, see details here

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There is great news for pensioners across the country. At present, there is a big war going on in many states regarding the old pension scheme. Old Pension Scheme (OPS) has been implemented in many states.

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At the same time, there is a war in many states regarding its implementation. At present, the government has now looked at the option of Old Pension Scheme, which is going to benefit lakhs of people of the country. Now the central government employees will not have to worry about pension at all and you will get more benefits.

There will be a change in the pension scheme

On behalf of the central government, there is talk of giving benefits equal to the old pension scheme to the employees. Planning has been done by the government regarding this. The government is now considering bringing many provisions in the New Pension Scheme, which will give huge benefits to the employees.

Government considering minimum guaranteed plan

In the midst of all this, many states have refused to implement the new pension scheme. According to media reports, now the central government is planning a minimum guaranteed plan in the new pension scheme. Pensioners will get additional benefit from this. Along with this, it is considering giving more than 14 percent to the contribution, which will affect the government exchequer.

Annuity option can also be available

To increase the pension, it may be possible to invest more in Annuity. At present, 40% of the total fund is invested in annuity, which gives pension of about 35% of the last salary. However, being linked to the market does not guarantee it.

What are the advantages of old pension scheme?

Talking about the benefits of the old pension scheme, its biggest advantage is that it is made on the basis of the last drawn salary. Apart from this, as the inflation rate increases, DA also increases. Even when the government implements the new pay commission, it increases the pension.

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