Wednesday, February 1, 2023

Old Pension Scheme: Central Government gave clarification in Lok Sabha! This big statement regarding old pension scheme

Old Pension Scheme: Will the administration reinstate the previous pension plan for employees? This question’s response has now been provided in Parliament by the government. Minister of State for Finance Bhagwat Karad in the Modi government said that till the year 2004, there is a provision of pension under the old pension scheme for government employees across the country. In this, the employee gets 50 percent of the final pension of the employee every month after retirement. At the same time, in the year 2004, the then central government implemented a new pension scheme i.e. NPS for government employees. Employees will only get pension benefits under this plan based on their own contributions.

These states started the old pension system

Let us tell you that the Minister of State for Finance Bhagwat Karad has given a written reply to the Parliament that some states of the country have started the old pension system for their government employees. These states are Rajasthan (Rajasthan), Chhattisgarh (Chhattisgarh), and Jharkhand (Jharkhand). The governments of these three states have also given written information about this matter to the Central Government and the Pension Fund Regulatory and Development Authority. Apart from this, the Bhagwant Mann government of Punjab issued a notification on November 18 saying that the employees of the Punjab government are being changed from NPS to OPS.

Will these states get NPS amount?

Apart from this, the state government of Rajasthan, Jharkhand, and Chhattisgarh has sent a proposal to the pension regulator to return the money to the subscribers of NPS. These state governments have written to PFRDA asking them to refund the money of all NPS subscribers. On this matter, PFRDA has replied that there is no such provision in the PFRDA Act, 2013, through which the amount deposited in NPS can be given to the state governments.

Read More: Don’t worry if deposit is not being made in Atal Pension Yojana, do this work

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 YouTube                  Click Here
🔥 Facebook Page                  Click Here
🔥 Instagram                  Click Here
🔥 Telegram Channel                   Click Here
🔥 Google News                  Click Here
🔥 Twitter                  Click Here


Please enter your comment!
Please enter your name here

Most Popular


Suzuki to launch its first electric scooter in India in 2025

HIGHLIGHTS Suzuki may launch its first electric scooter in India in 2025  The company will introduce eight new electric two-wheelers by 2030 and believes...

TV actress Nia Sharma was seen in a bra-less in the latest photoshoot.

Nia Sharma Photos: TV actress Nia Sharma is very popular on social media for her bold looks and killer style. Nia Latest Photos recently...

Nothing Phone 2: Smartphone is coming! Know the price, features and everything

Nothing Phone 2 Launch Date, Price, Specs: There is still a question in the mind of the fans whether Nothing Phone 2 will come...

This recharge of Jio will last for 30 days, price starts from Rs.181

HIGHLIGHTS Jio has a total of five recharge plans of 30 days. Jio Rs 181, Rs 241 and Rs 301 plans are data vouchers. ...

These 5 apps can empty your bank account, if you have them on your phone then delete them immediately

There are many apps to make the phone smart. Most people use Android phones. There are many such apps available on the Google Play...

Most Popular


* indicates required