Taking a decision on the demand of government employees, the old pension scheme has been restored in the non-BJP ruled states of Chhattisgarh, Rajasthan, Jharkhand, Punjab and Himachal Pradesh. After the restoration of OPS, retired employees have benefited financially. On the other hand, political parties are also seeing their political benefits in this.

Promised to restore old pension-

During the Himachal Pradesh Assembly elections, Congress had made an election promise of restoring the old pension. After this, after coming to power in Himachal Pradesh, Chief Minister Sukhwinder Singh Sukhu, keeping his promise, restored the old pension. Now when the activities are intense regarding the assembly elections and Lok Sabha elections of five states of the country, the demand for old pension has started gaining momentum again. Restoration of old pension was also discussed in the interview given by Union Minister Amit Shah to Times of India.

Restoration of old pension scheme was a big election issue –

During the interview, he was asked that restoration of old pension scheme was a big election issue in states like Himachal Pradesh, where BJP lost. On this he said that it is true that government employees are demanding the return of the old pension scheme. But before restoring it, we will also have to look at the availability of resources and budgetary constraints. He said that a committee has been formed to investigate this. The pension issue will be decided on the basis of the report received from the committee.

Changes possible in NPS by the end of the year –

Recently, it was claimed in the media report that the Central Government can make changes in the National Pension Scheme (NPS) by the end of this year. The government is preparing to decide that after retirement, employees should get at least 40 to 45 percent of their salary as pension in their last days. This recommendation has been made by a high level panel in this regard.

The post New Update on OPS: Big update on old pension scheme of employees, know government plan first appeared on Rightsofemployees.com.

There is good news for the government employees and pensioners of Himachal Pradesh. The old pension scheme has come into force in the state from April 1, 2023, and a final decision can be taken on the issue of SOP on Wednesday. Its benefit will be given to 1.36 lakh employees-pensioners of the state. It is believed that after the municipal elections, the final notification regarding the restoration of old pension will be issued.

Actually, today on Wednesday, a cabinet meeting has been called under the chairmanship of CM Sukhwinder Singh Sukhu. It is expected that in this meeting, the SOP to be issued regarding the restoration of the Old Pension Scheme (OPS) may be approved.

There can also be a discussion on making a policy to fill the posts of teachers. Apart from this, many other agendas including filling of vacancies in various departments, water cess can also be approved in the meeting. Many budget announcements can also be approved in the cabinet meeting.

NPS deduction stopped, increased salary reached in the accounts of employees

After the implementation of OPS in the state from April, the deduction on the share of NPS has also been stopped. This time, the share of NPS has not been deducted from the salary of any government employee for the month of April, but the employees have started getting increased salary, that is, the share of NPS of any employee is deposited in PFRDA, an agency of the Government of India. Not sent to.

Since till now the NPS share was being deducted from the salary of the employees after the year 2003 in the state, 10% salary was being deducted from their salary every month and the state government was also contributing 14% of its share. In this way, 24 percent of the total contribution was being deposited with the PFRDA of the Central Government.

GPF account opening process will start soon

After the closure of NPS share deduction, now the process of opening GPF accounts of the employees is likely to start soon. The notification of SOP is also likely to be issued after the cabinet meeting to be held today.

It is estimated that the SOP for restoration of old pension will be issued in May and options will be asked from the employees to choose one of the two pensions. The decision will benefit both serving and retired employees and employees with 20 years or more service will get 50 per cent of basic pay plus DA as pension.

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