FM Nirmala Sitharaman on Old Pension Scheme: There is great news for government employees. Old pension system has been implemented in many states across the country. Now Finance Minister Nirmala Sitharaman has made a big announcement…
Old Pension Scheme: There is great news for government employees (Central Government Employees). Old pension system has been implemented in many states across the country. At the same time, strikes and demonstrations are being seen in many states regarding its implementation, but now a big announcement has been made by the Finance Minister (FM Nirmala Sitharaman).
The announcement of the Finance Minister has brought a lot of relief to the employees. This announcement has been made regarding the Old Pension Scheme (OPS). Let us tell you what is the plan of the government-
Let us tell you that government employees can now get the benefit of the old pension scheme. Yes, now even after being in the new pension scheme, they can take advantage of the old pension scheme. The government has formed a committee to select the option of the old pension scheme. Please tell that this committee will make the New Pension Scheme as popular as OPS. In this too, the focus will be on earning along with guaranteed returns.
Finance Ministry is reviewing
Let us tell you that employees across the country are demonstrating a lot regarding the Old Pension Scheme. It has also been implemented in many states. For this reason, the demand for this has become very strong in the central government. As of now, it is not being implemented at the level of the Central Government and there is no such discussion either. But, the Ministry of Finance is reviewing the Guaranteed Return in the New Pension Scheme, in which a plan is being made that the employees get the benefit of old pension in the New Pension Scheme itself.
You can get many benefits,
let us tell you that the government is now planning to bring the minimum guaranteed pension system in the new pension scheme as well, so that the central government employees will also get extra benefits. Along with this, the government is planning to increase its contribution by more than 14 percent. The government is discussing how the contribution can be increased without putting a burden on the exchequer.
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.
