There is good news for the employees. The government has decided not to deduct 10 percent from the basic salary of employees from April 1. Due to this, the employees are going to get a big benefit in salary.
New Delhi: Old Pension Scheme: There is good news for the employees. The government has decided not to deduct 10 percent from the basic salary of employees from April 1. This will give huge benefits to the employees in salary. This step is another step towards re-introducing the Old Pension Scheme (OPS).
In fact, Rajasthan Chief Minister Ashok Gehlot has announced to eliminate 10 percent deduction from the basic salary of state government employees from April 1.
Deduction was done under the new pension scheme
The Chief Minister said that every month 10 percent deduction was made from the basic salary of the employees recruited from January 2004 under the New Pension Scheme, which would be abolished from next month. After adjusting the amount deducted so far in the Pensioner’s Medical Fund in RGHS, the balance amount will be returned along with interest at the time of retirement.
2 to 10 thousand rupees more will be available in salary
Responding to the debate on the Appropriation Bill in the Vidhan Sabha on Monday, Gehlot said that the employees will get the increased salary from April 1. By eliminating the deduction, each employee will get the enhanced salary with an amount ranging between Rs 2,000 to Rs 10,000 per month.
Old pension scheme has been restored in Rajasthan
Gehlot had announced to implement the old pension scheme from April 1 this year by abolishing the new pension scheme applicable to the employees recruited in the year 2004 and after that in the state budget. In the new pension scheme, 10 percent of the basic salary of the employee was being deducted for NPS.
Mahila Sahakari Bank will be opened in Jaipur
Under the new pension scheme, about 5.50 lakh employees will now get the above benefits. Chief Minister Gehlot also announced a pension of Rs 20,000 for players above 40 years of age and said that a Mahila Sahakari Bank would be opened in Jaipur, which would provide loans to women. Initially, the government will give a fund of Rs 250 crore to this bank.
Other announcements made by the Chief Minister include formation of Directorate of Food Security, implementation of Girls Distance Education Scheme, construction of e-library for classes 9 to 12 at a cost of 50 crores, Directorate of Peace and Non-violence, Khadi Labor to be implemented 5 crores to be spent on two times milk distribution for school children under the economic incentive scheme, mid-day meal scheme and others.
Gehlot said that now the budget will be brought to the ground and the announcements will be implemented.
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