Pension Scheme Update: Government employees who retired before April 1, 2022, have demanded that to get the benefit of the old pension scheme, they should get only the share of the government withdrawn after retirement under the National Pension Scheme (NPS) like Chhattisgarh. deposit is allowed.
Pension Scheme:Â The debate regarding the old pension scheme has been going on continuously. Meanwhile, now some retired people have made an important demand from the Rajasthan government. Government employees who retired before April 1, 2022, have demanded that they be allowed to deposit only the government’s share withdrawn after retirement under the National Pension Scheme (NPS) like in Chhattisgarh to get the benefits of the old pension scheme To be given Actually, OPS was restored in Rajasthan from 1 April 2022.
Pension scheme
According to the representatives of New Pension Scheme Employees Federation of Rajasthan (NPSEFR), the state government has assured them to fulfill their demand. However, an official of the Finance Department said that the above proposal is still under consideration.
On the other hand, in the notification issued by the Government of Chhattisgarh, it has been said, ‘Government contribution and withdrawal (Till Date) in cases of retirement / death of employees between 1 November 2004 and the date of implementation of the old pension scheme to get the benefit of OPS. But the earned dividend will have to be deposited in the government fund.
Vinod Kumar, state coordinator of the government scheme
NPSEFR, said, ‘We have received assurance from the government that our demand will be implemented soon. About 3500 government employees have retired from January 1, 2004 to March 31, 2022. However, only about 1000 employees are eligible for pension. This will cost the state government about one crore rupees annually. We hope that the government will fulfill our demand.
OLD PENSION SCHEME
Earlier, the state’s finance department had issued an informal note stating that retired employees of autonomous and semi-autonomous bodies, boards and corporations set up after January 1, 2004, would be entitled to the Old Pension Scheme (OPS) till June 30.
and those who opt for it, are required to deposit only the employer’s share of the Contributory Pension Fund (CPF) received after retirement with a minimum interest of 12 per cent.
Retirement
The note issued through Additional Chief Secretary (ACS) Finance Akhil Arora also said that if a retired employee does not re-select for OPS by June 30, it will be considered that the employee has joined the CPF as a member. wants to continue. “Once selected for OPS, it will be treated as final,”.
