Old Pension Scheme:- There has been a debate across the country regarding the old pension scheme and the new pension scheme. In many states, the demand to re-implement the old pension scheme is increasing. The government has decided to give the benefits of the old pension scheme to some people. Selected central employees Under this, all government employees will not be able to get the benefit of the old pension scheme. According to the new update of the government, only the employee who joined the government job through the recruitment released before 22 December 2003 will get the benefit of the old pension scheme.
Employees appointed through recruitment issued after December 22, 2003 will not get the benefit of the old pension scheme. Those employees will be covered under the National Pension Scheme. The government has made it clear that if an employee opts to move from New Pension Scheme to Old Pension Scheme, it will be considered as his last option, after which no change will be made, i.e. he will again switch to New Pension Scheme . Pension scheme will not be available
Amidst the persistent demands of central employees, it has been decided to re-implement the old pension scheme in five states. These states include Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh. Rajasthan is the first state to implement the old pension scheme, similarly Himachal Pradesh has also recently decided to implement the old pension scheme from April 1. So let us tell you in detail about the old pension schemes of all these states.
Rajasthan Rajasthan
Ashok Gehlot Gehlot’s Congress government in Rajasthan has successfully implemented the Rajasthan Applied Old Pension Scheme. Rajasthan became the first state to adopt the old pension scheme. Presenting the state budget 2023-24, CM Gehlot has announced to give the benefit of old pension scheme (OPS) to all serving and retired employees instead of new pension scheme.
Chattisgarh
Chhattisgarh Chief Minister Bhupesh Baghel has given the employees in the state of Chhattisgarh the option to choose between new and old pension schemes. The cabinet has decided that the employees can go back to the old pension scheme by depositing the contribution made by the state in the National Pension System and the dividend received thereon.
Jharkhand
On 1 September 2022, Jharkhand decided to implement the old pension scheme and included the old pension scheme in the state in the election promises of Hemant Soren’s government.
Punjab
Punjab Chief Minister Bhagwat Mann had talked about implementing the old pension scheme in the state in November 2022. After this decision of the state government, now more than 1.75 lakh government employees are going to get the benefit of the old pension scheme.
Himachal Pradesh
Himachal Pradesh has also contributed in implementing the old pension scheme. Chief Minister Sukhwinder Singh Sukhu has approved the implementation of the old pension scheme as promised in the ongoing state cabinet meeting.
Under the old pension scheme, before 2004, the government used to give a fixed pension to the employees after retirement, which was based on the salary of the employee on retirement. Under the scheme, after the death of the retired employee, his family members are given the benefit of pension. Atal Bihari Vajpayee’s government had decided to discontinue the old pension scheme on 1 April 2004. After this, in 2004, the National Pension System was started in place of the old pension scheme.
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