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.
Lovingly called Chacha Nehru, Nov 14th is celebrated as Children's Day in India. Pandit Jawaharlal Nehru was born on November 14, 1889 in Allahabad (now known as Prayagraj). Nehru was involved in the freedom movement led by Mahatma Gandhi and went to jail several times.
According to an Amroli police station officer, a police officer had received information that a drug peddler had concealed drugs in a shop and car in a commercial complex basement. Subsquently it carried out searches in shop number 29 and recovered the drug haul as well as Rs 2,68,000 cash.
Aftab Ameen Poonawalla had strangled 26 year-old Shradha on May 18. As per sources, he then chopped her body into 35 pieces and bought a new fridge to store them and threw them at various locations in a period of 18 days. To avoid any suspicion, he used to leave the house with a body part in a polybag at 2 a.m.
After two decades of being married, Wave Group chairman Manpreet Singh Chadha has announced a formal separation from his wife Sanamdeep Chadha. The couple, who share four children together, have issued a joint statement in this regard.
AAP chief spokesperson Malvinder Singh Kang said the government's decision will hamper criminals to access the weapons in the state, which will ultimately end gun culture.
Officials said 10 bodies were recovered from the upper floor of a building destroyed in the fire, which originated from a ground-floor vehicle repair garage, local media reported.
