Now recently an announcement was made by the Government of Madhya Pradesh for the benefit of the people. Lakhs of people of the state have got relief from this. In fact, Madhya Pradesh Chief Minister Shivraj Singh Chouhan had announced that contractual employees in the state would get the same benefits as permanent government employees. This includes job regularization, pension, equal pay, gratuity, health insurance and leave facilities.

Announcement of MP government

The announcement comes after years of protests by contract workers. About 1.5 lakh contractual employees in Madhya Pradesh will get the same benefits as permanent government employees and will be exempted from the process of annual contract renewal, Chief Minister Shivraj Singh Chouhan announced recently.

Equal Pay

Chauhan made several announcements in favor of contract workers, who have been protesting for the last three years for regularization of jobs. CM Chouhan said, “Fifty percent posts will be reserved for contract employees in the recruitment. They will get salary at par with regular employees, gratuity will be provided during retirement. They will get health insurance, they will also get all leave facilities including maternity leave.

National Pension Scheme

The Chief Minister said that the contract employees would now be given the benefit of the National Pension Scheme (NPS) and would be offered health insurance like regular government employees. Apart from this, in case of death of an employee, children of contract employees will be eligible for employment on compassionate grounds.

Were already demanding

Tell that for the last three years, the contract workers were demanding to regularize the jobs and give equal benefits to the employees of the state government. Speaking at a convention of contract employees in Bhopal, CM Chouhan made several announcements including pension, health insurance and gratuity benefits.

The post Pension Update: Big announcement on pension and gratuity, check details immediately first appeared on Rightsofemployees.com.

The government is now going to increase the limit of pension, after which your pension can be doubled. Hearing is currently going on in the Supreme Court on this. Please tell that after this decision of the government, no matter how low your salary is, but your pension will be calculated only on Rs 15,000.

Pension will increase manifold

Let us tell you that the matter of abolishing this salary limit of Employees’ Provident Fund Organization is going on in the Supreme Court. Along with this, the calculation of pension in EPFO can also be done on the previous salary i.e. higher salary category. After this decision of EPFO, there will be a bumper increase in the pension received by the employees. With this decision, the employees will get many times more benefits of pension.

Hearing was held in August

Let us tell you that on August 12 last year, the Supreme Court had adjourned the hearing of a batch of petitions filed by Union of India and EPFO, which said that the pension of the employees cannot be limited. The hearing of these cases is going on in the court.

How much is the maximum pension now?

Employed people are members of the Employees’ Provident Fund Organisation, who are also considered members of the EPS. All employees contribute 12% of their salary to EPF. Along with this, the employee gets the same amount from the company and 8.33 percent of it also goes to the Employees’ Pension Scheme. Talking about the maximum pensionable salary at this time, it is Rs 15,000.

Pension is available after the age of 58 years.

Let us tell you that any employee gets the benefit of pension after 58 years. For this, it is mandatory for the employees to work for at least 10 years. Along with this, tell that employees who contribute to EPF are also eligible for EPS.

The post Pension Update: Good news for Lakh Pensioners! Pension will be doubled, the limit of 15000 is going to be removed! first appeared on Rightsofemployees.com.