Government May Fixed Assured Return In NPS: According to news agency Reuters, under the new formula being prepared by the central government, employees can get a fixed pension offer of 40-50 per cent. Under this, on the basis of the last salary drawn by the government employee before retirement, 40-50 per cent amount will be made as pension.
Government May Fixed Assured Return In NPS: Before the 2024 general elections, the Modi government can give a big gift to the government employees. Under this, the government can change the rules of NPS. In which government employees will get a guarantee of a fixed pension. If this happens, then it will be a big change after abolishing the pension system in the year 2004.
Especially this decision can also prove to be very important in this sense, when the governments of anti-BJP parties have implemented the old pension scheme in many states. At present, the pension of the employee is made on the basis of contribution in NPS. While in the Old Pension Scheme, 50 percent of the amount is fixed as pension on the basis of the last salary drawn by the employee at the time of retirement.
In the new system also the last salary will be the base
According to news agency Reuters, under the new formula being prepared by the central government, employees can get a fixed pension offer of 40-50 per cent amount. Under this, on the basis of the last salary drawn by the government employee before retirement, 40-50 per cent amount will be made as pension. There is no such arrangement in the New Pension Scheme. In this, the employee contributes 10% of his basic salary and the government contributes 14% of his basic salary to the pension fund.
On the basis of which the accumulated amount becomes the basis of pension.
If the new proposal is implemented, then government employees can get a big gift. According to Reuters, senior officials say that under the new pension scheme, government employees usually get an average pension equal to 38 percent of their last salary. If the government makes it 40 per cent, then the employees will get the benefit of 2 per cent, but if this amount reaches 50 per cent, then they will be in trouble.
States ruled by opposition parties implemented old pension scheme
The Old Pension Scheme is becoming a major election issue in the state assembly elections. Under this, the opposition parties have targeted the BJP and the old pension has played a major role in the victory of the Congress in Himachal Pradesh and Karnataka.
Congress governments have implemented the old pension scheme in Chhattisgarh, Himachal Pradesh, Jharkhand. Whereas in Punjab, the Aam Aadmi Party-led government has implemented the Old Pension Scheme. In view of the attitude of the opposition parties and the demands of the people, the government had announced the formation of a committee to improve the NPS.
Even if the government implements the new system, a big difference will remain between the old and new pension schemes. In Old Pension, the employees do not have to make any contribution from their side. While in the new pension system, the employee also has to contribute.
