Punjab Cabinet approves implementation of old pension scheme
Darpan News Desk IANS, 18 Nov, 2022 02:07 PM
Chandigarh, Nov 18 (IANS) Eyeing Gujarat elections, the Bhagwant Mann-led AAP government on Friday approved the notification for implementing the old pension scheme (OPS) in Punjab, directly benefitting more than 1.75 lakh government employees.
A decision to this effect was taken in the meeting of the council of Ministers held under the leadership of the Chief Minister here.
Disclosing this here today, a spokesperson for the Chief Minister's Office said the government has approved the OPS for its employees currently covered under New Pension Scheme (NPS), fulfilling a long-pending demand of employees of the state.
This will directly benefit more than 1.75 lakh employees currently covered under NPS. In addition to this, 1.26 lakh employees are already covered under the existing OPS.
The scheme is aimed at safeguarding the future of government employees and recognising their contribution towards the state. In order to ensure that the scheme being introduced is financially sustainable for the exchequer in the future also, the government will be contributing proactively towards creation of a pension corpus which will service the pension in future to the beneficiaries of the scheme.
This contribution towards the pension corpus will be Rs 1,000 crore per annum initially and will gradually increase in future.
Besides, the current accumulated corpus with NPS is Rs 16,746 crore for which the state will request Pension Fund Regulatory and Development Authority of the government of India to refund this amount for effective utilisation at its end.
With Ukraine closing its airspace after Russia launched a military operation in the country on Thursday, the Indian Embassy in Kiev has asked the Indian nationals to start moving towards the bordering areas so that they can be evacuated safely.
The Indian Embassy in Kiev stated that the helpline numbers are being set up at the respective check-points to facilitate evacuation through the borders. These control rooms will be based in Poland, Romania and Hungary and they will be managed by the Indian officials posted in those countries.
On Thursday, India's Foreign Secretary Harsh Vardhan Shringla had stated that Jaishankar has spoken to concerned officials in Poland, Romania, Hungary and Slovakia for setting up camps on the border areas for evacuation of stranded Indian nationals.
An official spokesperson said the affected people or their relatives could call from within Punjab on helpline number 1100 and others from outside India on +91-172-4111905 for seeking information in this regard.
Amid crisis related to wearing of hijab in classrooms, an Amritdhari (baptised) Sikh girl was asked to remove her turban in the reputed Mount Carmel PU College here in accordance with the February 10 High Court's interim order. Some parents of the college also complained of being targeted after their daughters were asked to remove the hijab.
