Old Pension Latest Update: In the last one year, the old pension scheme has been restored by many state governments. Apart from this, in many states, the employees have started agitation for the implementation of old pension
The Ashok Gehlot government of Rajasthan was the first to restore the Old Pension Scheme (OPS). But here an order has been issued by the Rajasthan State Road Transport Corporation (RSRTC) to implement the old pension (OPS) for the employees.
Such employees are not eligible for old pension
Issuing an order in this regard, it was said that such employees who have resigned from their posts or who have been fired. Such employees will not be eligible for old pension. According to the order of the government, the employees who want to select the option of old pension, they will have to apply by June 30, otherwise they will be considered as members of the CPF scheme.
Family members can also apply
Family members of deceased employees can also apply for OPS for family pension. State Finance Department has already issued an order to implement old pension for employees working in Boards, Corporations, Autonomous, Semi-Autonomous Bodies and Universities (Established on or after January 1, 2004) .
According to a senior official of the Finance Department, such employees who will not select the option of old pension, their contribution will be done according to the pattern of universities. That is, 12% will have to be paid each from the employer’s share and the employee’s share. The employer’s share will go to the pension fund and the employee’s share will go to the GPF fund.
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