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Pension and Salary Rules : Good news for employees before Holi! Government will increase pension and salary!

Pension And Salary Hike News: Another good news is coming out for the government employees before Holi. According to media reports, there is going to be a big increase in the salary and pension of the employees.

Pension and Salary Rules: Another good news is coming out for the government employees before Holi. According to media reports, there is going to be a big increase in the salary and pension of the employees. If you are also an employee, then your salary is also going to increase. Planning is being done by the Central Government to increase the salary of the employees. Let us tell you that these days many discussions are going on in the whole country regarding the old pension scheme. The old pension scheme has been implemented in many states. At the same time, the battle to implement OPS is going on in many states.

Salary will increase by full 6000 rupees!

In the midst of the ongoing demand to restore the old pension scheme across the country, the government is planning to increase the minimum salary limit of the employees. After Holi, the government can give the gift of increased salary to the employees. It is believed that the government will directly increase the minimum salary from Rs 15,000 to Rs 21,000.

The last increase was in 2014.

Let us tell you that after increasing the minimum salary limit of the employees, there will be a bumper increase in the pension as well. Before this, last time in the year 2014, the government had increased this limit. At present, in the new year, the government is planning to increase the salary once again. With the increase in salary, the contribution to PF will also increase and at the same time the pension will also increase.

Contribution of PF will also increase

Talking about the contribution of Provident Fund, the minimum salary is calculated at Rs 15,000, due to which only a maximum of Rs 1250 can be contributed to the EPS account. If the government increases the salary limit, then the contribution will also increase. After the increase in salary, the monthly contribution will be Rs 1749 (8.33% of Rs 21,000).

How much is the difference between old pension and new pension If we

talk about the old pension scheme, then even after the death of the retired employee, his family members get pension. For example, let us tell you that if an employee is getting a salary of Rs 80,000 now, then after retirement, according to the old pension scheme, he will get a pension of about Rs 35 to 40 thousand. Apart from this, in the new pension, this employee will get a pension of about 800 to 1000 rupees.

 

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 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 @insuranceindiaain@gmail.com
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