Old Pension Scheme: Big news! The government made this new formula! employees will benefit

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Old Pension Scheme: The war on the demand for the old pension scheme is intensifying. Recently, hundreds of former and current employees in Haryana protested near the Chief Minister’s residence demanding old pension.

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The demand of these employees and pensioners was to restore the old pension. Before this, many state governments have restored the old pension. The Chief Minister of Chhattisgarh, Bhupesh Baghel, who restored the old pension, recently demanded to restore it across the country during an interview.

Gave a statement moving away from the party line

Now a big update came in the demand of old pension being made by the employees when BJP MLA Gaurishankar Bisen in MP gave a statement moving away from the party line. Former Agriculture Minister Bisen attacked against his own government. During this, he said that even if he is expelled from the party or removed from his post, the old pension scheme should be restored.

Take my voice to Delhi…

He said, just as husband needs wife and wife needs husband in old age, in the same way old age pension is necessary for the employees. Take my voice to Delhi… Give old pension to lakhs of comrades… It doesn’t matter if the party will expel me, take away my post. But if the stove in your house does not burn, it will make a difference.

Guaranteed pension should be given at 50% On the other hand sources have claimed that Modi government is planning to find a middle way on the demand of old pension. As a first option, it is being considered by the government that the government employees should be given guaranteed pension at about 50% of the last salary received under NPS. With the implementation of this rule, changes can be made in the existing NPS without putting much burden on the exchequer.

Sources claim that the officials have made such a plan that there may be a change in NPS in such a way that after retirement, the employee will get 41.7% of the amount as a lump sum and the remaining 58.3% on the basis of annualization. An analysis has also shown that if the 58.3% corpus made up of Central/State Government contribution (14%) is annuitised, the pension in NPS can be around 50% of the last drawn salary. So far no official statement has been given by the government on this.

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