Old Pension News: A big update has been issued by the Central Government on the Old Pension Yojana. If you also want to take advantage of the old pension scheme, then good news has come for you.
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.
