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Old Pension Scheme: Good news for employees-pensioners, old pension scheme implemented, clarification issued, letter issued by Finance Secretary

Old Pension Scheme: There is good news for the employees and pensioners. The old pension scheme has been implemented for them. Notification has also been issued for this. At the same time, clarification has been issued on contribution and dividend.

Old Pension Scheme, OPS: There is good news for lakhs of employees and pensioners. The old pension scheme was announced for them. Notification has also been issued for this. Under the announcement made by the state government, all the employees will get the benefit of the old pension scheme. However, the confusion of the employees still persists on OPS. After which now an important decision has been taken by the government regarding the contribution.

Old pension scheme has been implemented

The confusion among the employees covered under the old pension scheme in Himachal Pradesh has been resolved. A letter in this regard was sent by Principal Secretary Finance to all Administrative Secretaries and Heads of Departments. The old pension scheme has been implemented in the state. Along with this, clarification has also been given on the government contribution of the employees. Contributions for Government employees will be deposited in separate accounts.

Clarification on government contribution also

A condition has been placed for the employees to deposit the government grant and its dividend back to the state government. However, the situation was not clear about where to deposit the contribution. Which has now been clarified. According to the letter issued by the Principal Finance Secretary, different heads have been fixed in the treasuries. Under government grants also, different heads have been fixed for the budget in different ways.

In this case, separate contribution will be deposited for government employees. The same has been done for submitting the dividend budget. The Government contribution and dividend is deposited with the Pension Fund Regulatory and Development Authority of the Central Government. At the same time, under the new pension system, a condition has been kept for the employees to deposit it. The old pension scheme will be paid only after depositing it after retirement.

Half a dozen states including Himachal have implemented the old pension scheme in the state amidst the demand for the old pension scheme across the country. Apart from Himachal, Chhattisgarh, Rajasthan, the old pension scheme has also been implemented in Jharkhand while the Karnataka government has also given a positive response to the old pension scheme. In Maharashtra too, a positive approach is being seen by the Chief Minister on the old pension scheme. The same old pension scheme has been included by the opposition parties in the main issue of the 2024 elections.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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