These days discussions are hot about Old Pension Scheme ( OPS ) and National Pension System ( NPS ).Â
In such a situation, if the government brings any update, then the earnings of government employees are going to increase. Due to which crores of employees will be benefited. Let us inform that at present Rajasthan and Chhattisgarh have announced the decision to restore the old pension scheme from the next financial year.
In such a situation, the government can give the option of investment to the employees in more profitable schemes. Also read- The central government has given great news to the farmers! Now till this date you will be able to do this big work
In fact, let us tell you that in states like Rajasthan and Chhattisgarh, the announcement of re-introducing the old pension scheme (OPS) for its employees and abandoning the National Pension System (NPS) is expected to make APS more attractive at the center.
is going Under which it is being told in the media report that the central government can give investment options to the employees in more profitable schemes.
Fixed pension was given after retirement under OPS. That is, 50% of the last salary was available as pension. The entire pension money was given by the government. Apart from this, if the government employee died during the service, then his dependents were given job and family pension.
What is National Pension SchemeÂ
GPF facility is not available under NPS i.e. National Pension Scheme. Every month 10% of the money is deducted from the salary.
There is no guarantee of fixed pension after retirement. Along with this, how much pension the employee will get in the National Pension Scheme, it will depend on the stock market and insurance companies.
In the case of insurance, the pension insurance company will provide in the National Pension Scheme. In case of any issue you will have to deal with the insurance company. The benefit of inflation and pay commission will not be available in NPS.
