After a long wait, the government has decided to give the old pension scheme to the Central Government Employees. Yes, now you can choose the old pension scheme option. Let us tell you that for a long time there was a war going on across the country regarding OPS and NPS, after which now the Modi government has made a big announcement.

Which employees will get the benefit of OPS?

According to the update received on the old pension scheme, if any employee has been recruited in the job before December 22, 2003, then all of them will get the benefit of the old pension scheme. At the same time, all those employees who have joined the government job after December 22, 2003, will not get the benefit of the old pension scheme. Those people will be covered in the new pension scheme.

Choose the old pension scheme by August

Let us tell you that all the government employees can choose the old pension scheme. He has the option to choose this pension till 31 August 2023. Along with this, the government has told that the eligible employees who do not select the option of Old Pension Scheme (OPS) till August 31, will be put in the New Pension Yojana.

Will not be able to change after selecting

According to the official information, if any employee selects the option of going to the old pension scheme, then it will be considered as the last option. After this, all those employees will not be able to go to the new pension scheme.

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.

The post Old Pension: Great news for lakhs of employees! Government implemented old pension! first appeared on Rightsofemployees.com.

There is a growing demand in many states to implement the old pension scheme. Government employees have been demanding for a long time to implement the old pension scheme. Meanwhile, great news has come for the employees. Recently, after the elections held in many states, discussion has started regarding the old pension scheme.

Demand for old pension scheme After the elections held in Gujarat and Himachal Pradesh, the employees are demanding to implement the old pension scheme. The old pension scheme is an important issue in the election manifesto of Congress. In Rajasthan, Chhattisgarh and Punjab, the government is once again switching back to the old pension scheme.

Who will get the benefit of OPS?

No concrete answer is being given by the central government regarding the old pension scheme, but the opposition is cashing in on this issue in the elections and its effect can also be seen in the coming days. At present, it is believed that the Central Government may consider giving the old pension scheme to those government employees for whose recruitment advertisements were issued on or before December 31, 2003.

Benefits of old pension scheme If we talk about the benefits of 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.

The post Good news, the old pension system will be implemented across the country, the government told the complete plan! first appeared on Rightsofemployees.com.