Government changed pension rule: Big news! Now you will get the benefit of old pension scheme! know the new rule

0
888
New Pension Rule: This new rule related to pension will come into effect from April 1, know what will change for you?
New Pension Rule: This new rule related to pension will come into effect from April 1, know what will change for you?
- Advertisement -

7th Pay Commission: After 2010, the government has appointed employees under the New Pension Scheme. Now employees can get the benefit of old pension scheme.


7th Pay Commission: There is good news for central government employees. Now employees can soon get the benefit of Old Pension Scheme (OPS). Employees have put this demand in front of the government for a long time. The Central Government is now considering the demand of the employees. The Center has also sought the opinion of the Ministry of Law for this (Old Pension Scheme). Now waiting for the reply from the ministry.

Know when will the decision be made?

Actually, the central government is churning out the old pension scheme (OPS) of the employees. Government employees for whose recruitment advertisements were issued on or before December 31, 2003, will get this benefit. According to Dr. Jitendra Singh, Minister of State in the Ministry of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office, the decision on this issue will be taken after the response of the Law Ministry.

Which employees will get benefit

Union Minister of State Dr. Jitendra Singh told in Parliament, ‘After the Supreme Court’s decision, the Central Government had put the matter under the Ministry of Law. The Department of Financial Services, Department of Pensions and Pensioners’ Welfare (DoP&PW) may take appropriate decision regarding exclusion of those employees from the purview of NPS for whose recruitment the advertisement was issued on or before January 01, 2004 and they would be eligible for the Old Pension Scheme (NPS). OPS). If the matter is resolved, then there can be a big benefit in pension.

Question raised in Parliament

The question was asked to the Union Minister in Parliament whether the Department of Pension and Pensioners’ Welfare, in keeping with the Supreme Court’s decision, has asked the Department of Financial Services (DFS) and the Law Ministry to exclude those employees from the NPS and transfer them to the old pension scheme. Ideas have been sought for inclusion, for whose recruitment advertisements were issued on or before 31 December 2003.

Who will not get the benefit of old pension

Union Minister of State for Home Nityanand Rai told in Parliament that the Central Armed Police Force will not get the benefit of the Old Pension Scheme. He said that under the Central Civil Services Pension Rules 1972, paramilitary staff are getting pension and other benefits.

Fewer benefits are available in the new pension scheme

Significantly, agitations are also being run at the state level regarding the Old Pension Scheme. Government employees have started uniting on one platform to implement the old pension scheme. After 2010, the government has appointed employees under the New Pension Scheme. In this scheme, the employees get very less benefits as compared to the old scheme.

- Advertisement -
DISCLAIMER

We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com