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.
The Punjab Congress leaders who have distanced themselves from the so-called festering revolt in the party are: Kuldeep Vaid, Dalvir Singh Goldie, Santokh Singh, Angad Singh, Raja Warring and Gurkirat Singh Kotli, all MLAs, and Bhalaipur Ajit Singh Mofar, a former MLA.
Gurbachan Singh (55) was a relieved man after he welcomed his three sons at Indira Gandhi International (IGI) Airport here. They were among the 78 Afghan- Indians who were evacuated from Kabul to Tajikistan on Monday and to Delhi on Tuesday afternoon.
Addressing a press conference at the party headquarters along with former Finance Minister P. Chidamabaram, Gandhi said: "The Prime Minister and the BJP said that the Congress had done nothing in last 70 years. There is a list here of all the assets that the Congress has helped build using the public money.
Accordingly, a special Air India flight from Kabul landed at the IGi airport here on Tuesday carrying 44 Afghan Sikhs, who brought three copies of Guru Granth Sahib with them.
Four dummy AK-47 rifles, 4 dummy pistols, combat uniforms and a Maruti car were recovered from the gang. Gold worth Rs 20 lakh and cash to the tune of Rs 3 lakh were also recovered from their possession.
This is the first time that women officers serving with the Corps of Signals, Corps of Electronic and Mechanical Engineers (EME) and the Corps of Engineers have been approved to the rank of Colonel.
