- Advertisement -
Home Personal Finance Old pension scheme: Government employees will get the opportunity of old pension...

Old pension scheme: Government employees will get the opportunity of old pension scheme, only this condition will have to be fulfilled

0
7th Pay Commission: New GPF interest rates announced for government employees, know details here

This state government is going to give the benefit of old pension to 6219 government employees. In Uttarakhand, teachers and employees are going to be given the option of Old Pension Selection (OPS).


CM Pushkar Singh Dhami government is going to give the benefit of old pension to 6219 government employees. In Uttarakhand, teachers and employees are going to be given the option of Old Pension Selection (OPS). These are those teachers and employees, who were recruited on the basis of the notification issued before October 1, 2005, but could not join on time due to technical reasons.

With this, he came under the ambit of the new Contributory Pension Scheme (NPS) instead of the old pension. Chief Secretary Dr. SS Sandhu said on Monday that the Cabinet has decided to implement the Central Government formula for this category of employees. The central government had given an opportunity to the employees who could not join on time to choose an option between the old and new pension scheme.

It is known that the Central Government had implemented the new pension scheme on January 1, 2004. It came into effect in Uttarakhand from October 1, 2005.
The Chief Secretary said that the employees of the state will also be given the opportunity to choose the option between the old and new pension scheme. Its cutoff date has been kept as October 1, 2005.

Based on the decision taken in the cabinet meeting, the Finance Department will soon issue its GO. The program for option selection will also be decided in it. According to sources, teachers are the most affected in this category. Their number is more than 1500. According to the Finance Department, till now details of 6219 employees have been received from various departments. This number may increase further.


Annual expenditure on salary and pension is Rs 25,415 crore.

At present 66,557 employees in Uttarakhand are under the old pension scheme while the number of employees retired during this scheme is 1 lakh 35 thousand 574. On the other hand, currently there are 90 thousand 247 employees under the ambit of new contributory pension. The number of retired NPS personnel has reached 4342.

According to the Finance Department, the state has to spend six thousand crore rupees annually on pension payments. Whereas Rs 18 thousand crores are being spent every year in the form of payment of salaries and allowances. The government also has to pay Rs 815 crore annually as 14 per cent monthly government contribution for NPS employees.

Lump sum amount of uniform allowance^2400

Dehradun. On Monday, the Cabinet gave relief to more than 35 thousand Class IV employees of the state by deciding to give lump sum uniform allowance. Chief Secretary SS Sandhu said that till now the employees were getting allowances, but they were divided into different categories. It was difficult for the workers to collect their bills. In such a situation, it has been decided to give Rs 2400 as uniform allowance from now on. Earlier this amount was less. Some additions have also been made in this.

These decisions were also taken

1. Formula to solve the discrepancy between the pay scale of Rs 7600 and Rs 8700 of Finance Service officers decided
2. A budget of Rs 8 crore approved for organizing the Sixth World Congress on Disaster Management to be held in Doon in November.
3. IAS, senior PCS and IRS officers on deputation will also be appointed to the post of Additional Commissioner Administration in the Tax Department.

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version