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HomePersonal FinancePension Rule Changed: Government employees will get 50% of last salary and...

Pension Rule Changed: Government employees will get 50% of last salary and DA as a pension, they will get benefits

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NPS Scheme New Rules: Maharashtra government has revised the National Pension Scheme (NPS) for its employees who joined the service from November 1, 2002.


Maharashtra government employees: Big news is coming regarding NPS. The state government has amended the rules of NPS (NPS Scheme). Maharashtra government has revised the National Pension Scheme (NPS) for its employees who joined the service from November 1, 2002. The revised NPS scheme introduced by the state government contains a major provision of the old pension scheme. State government employees wanted to get back the old pension scheme. Information about this has been received from the news of Economic Times.

According to the news of Economic Times, Chief Minister Eknath Shinde has announced in both the houses of Maharashtra Assembly on Friday that under the revised scheme, apart from dearness allowance, 50% of their last salary will be given to the employees as pension and 60% amount will be given as family pension and DA. Can be found in the form of.

Employees will have less worries

This announcement by the state government can reduce many of the worries of the employees. Shinde has said that this decision is important for lakhs of employees and officers. This will prove beneficial for their families also. We have fulfilled our promise to the employees.

Contribute 10 percent of salary

Employees can select this option to get the benefits of NPS. The state government has assured NPS employees to avoid market risks. Along with this, it has also been ensured that employees contribute 10 percent of their salary in this scheme. It has been said that the government will also bear the loss of market-related investments in NPS.

Got time for 3 months

The government says that 26 thousand employees have been given 2 months time to select the Old Pension Scheme and New Pension Scheme and submit the documents within 6 months.

Lakhs of employees will get benefits

Chief Minister Eknath Shinde said that this will benefit 8.27 lakh out of 13.45 lakh government and non-government employees.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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