Old pension scheme restored in this state, 3 lakh government employees will get the benefit

Old pension scheme: After Rajasthan, now in Chhattisgarh also government employees will get the benefit of old pension. The state government has made a provision for this in the budget. Chhattisgarh Chief Minister Bhupesh Baghel has announced this recently. This is a big gift before Holi for about 3 lakh government employees.

Labor will now get Rs 7000

Let us tell you that the size of the budget of Chhattisgarh this time is 1.12 lakh crores. In this, the fiscal deficit has been kept at Rs 14600 crore while the surplus revenue is Rs 701 crore. Along with this, the state government has increased the payout under Rajiv Gandhi Bhumiless Krishi Mazdoor Nyay Yojana from Rs 6000 to Rs 7000.

Government employees across the country are demanding old pension

Harishankar Tiwari, General Secretary, All India Accounts and Audit Committee, said that government employees across the country are demanding old pensions. After Rajasthan, in Chhattisgarh also now government employees will get the benefit from the Old Pension Scheme. These are those employees who have joined government jobs after January 1, 2004.

Old Pension Scheme ended from 31st December 2003

Harishankar Tiwari said that the Old Pension Scheme has been abolished for government employees from December 31, 2003. After this, any employee who is joining the Government Job is being brought under the New Pension Scheme under the National Pension Scheme (NPS). It does not have the benefits of an old pension.

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What is NPS

The National Pension Scheme (NPS) was launched to eliminate liability. NPS allows subscribers (government employees) to decide where they want to invest their money by making regular contributions to the pension account throughout their career. After retirement, they can withdraw a part of the pension amount in a lump sum and use the rest to buy an annuity for regular income.