Old pension scheme restored in this state, 3 lakh government employees will benefit

New Delhi: After Rajasthan, now in Chhattisgarh also government employees will get the benefit of old pension. The state government has made a provision for this in the budget. Chhattisgarh Chief Minister Bhupesh Baghel has announced this recently. This is a big gift before Holi for about 3 lakh government employees.

Labor will now get Rs 7000

Let us tell you that the size of the budget of Chhattisgarh this time is 1.12 lakh crores. In this, the fiscal deficit has been kept at Rs 14600 crore while the surplus revenue is Rs 701 crore. Along with this, the state government has increased the payout under Rajiv Gandhi Bhumiless Krishi Mazdoor Nyay Yojana from Rs 6000 to Rs 7000.

Government employees across the country are demanding old pension.

Harishankar Tiwari, General Secretary, All India Accounts and Audit Committee, said that government employees across the country are demanding old pension. After Rajasthan, in Chhattisgarh also now government employees will get the benefit of Old Pension Scheme. These are the employees who have joined government jobs after January 1, 2004.

The provincial President of Jammu and Kashmir Government Teacher Forum Mr. Rahul Singh Sambhal said that now the old pension scheme should be implemented in favour of the employees of Jammu and Kashmir. So that the employees who are in government jobs after 2003 can get the benefit of old pension scheme.

In Jammu and Kashmir too, after 2003, the voice has started rising on behalf of all the government employees that the old pension scheme should now be implemented in Jammu and Kashmir as well.

Now it remains to be seen what decision the administration of Jammu and Kashmir takes in the interest of the employees after 2003.

Old Pension Scheme ended from 31st December 2003.

Harishankar Tiwari said that the Old Pension Scheme has been abolished for government employees from December 31, 2003. After this, any employee who is joining the Government Job is being brought under the New Pension Scheme under the National Pension Scheme (NPS). It does not have the benefits of old pension.

What is NPS

The National Pension Scheme (NPS) was launched to eliminate liability. NPS allows subscribers (government employees) to decide where they want to invest their money by making regular contributions to the pension account throughout their career. After retirement, they can withdraw a part of the pension amount in lump sum and use the rest to buy an annuity for regular income.